The savings will be made across government agencies, NHS boards and councils annually until 2008.
From the financial year 2009, annual savings could rise to £1bn.
Finance minister Tom McCabe, who is pushing for the cut in administration costs, gave assurances that many jobs would be saved, but unions fear the drive could lead to massive redundancies.
Eddie Reilly, the Scottish secretary of the Public and Commercial Services Union, said he wanted ‘assurances’ there would be no compulsory redundancies.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars