PracticeAccounting FirmsE&Y lures banking exec to PFI division

E&Y lures banking exec to PFI division

Former Royal Bank of Scotland PFI chief joins firm

Ernst & Young’s push for more public sector work in Scotland will be
headed by Jeff Thornton, who has joined the firm from the
Royal Bank of Scotland (RBS) where he was
director of its private finance initiative division.

Thornton left the bank after its PFI division was forced to relocate to
London last year – the move saw the PFI team broken following claims of tension
between Edinburgh and London and differences of opinion over the division’s
style of operation, The Scotsman
reported.

In his new role Thornton will be responsible for leading E&Y’s efforts to
build its relationships with public sector clients.

Further reading:

Banking FD joins accommodation group Workspace

PFI projects: future in jeopardy

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