EY promotes Harsha Basnayake to Asia-Pacific TAS leader

03 August 2016 Consultancy.uk

EY has promoted Harsha Basnayake to the head of its Asia-Pacific Transaction Advisory Services practice. Basnayake takes the lead over 250 partners and 2,000 staff; he is tasked with further expanding the firm’s regional footprint.

Harsha Basnayake joined EY Sri Lanka in 1987, as a trainee. The intervening years have seen Basnayake take on an international career with the firm, whereby, since 2009, he has been the firm’s ASEAN regional Transaction Advisory Services (TAS) practice leader. In the role, Basnayake brought the practice up to a strength of more than 600, by building out its deal origination, execution, strategy and operations capabilities. Previously, Basnayake worked in valuation establishing the firm’s Valuation and Business Modelling practice in the Far East as well as serving on the firm’s Global Valuation & Business Modelling Steering Committee. Earlier roles include TAS practice leader in Singapore, from 1997. Basnayake is a Fellow Member of the Royal Institution of Chartered Surveyor and a Fellow Member of the Institute of Chartered Accountants of Sri Lanka and CPA Australia.

Harsha Basnayake - EY

Basnayake has again been promoted by EY, this time to the head of the firm’s Asia-Pacific of TAS practice. In his new role, effective from the start of July, Basnayake leads a team of more than 250 partners and 2000 staff. Basnayake takes responsibility for further expanding the firm’s practice into regional markets as well as continuing to grow its footprint within markets into which it has already taken steps.

Steve Krouskos, EY Global Vice Chair of TAS, says, “The Asia-Pacific region holds enormous opportunity for us and we will continue to invest and expand our transaction and capital management capabilities – from strategy to execution. Under Harsha’s leadership we will continue to extend our strong position in Asia-Pacific markets and I am confident our clients will benefit from his wealth of experience.”

Basnayake says that he sees “tremendous potential” in Asia-Pacific markets for the TAS business. He further adds, “We have a solid footprint across all of our markets, a strong sector focus and amazing creative discipline in the teams that we carry. These attributes will allow us to focus on our clients’ needs while asking the right questions and helping them to make smarter decisions around deals, strategy, planning, turnaround and restructuring.

In his new role, Harsha will become a member of the Asia-Pacific Operating Executive and the Global Practice Group and will continue to serve as a member of the TAS Global Executive Committee. Harsha succeeds John Hope, who is returning to the Oceania practice. He will also work with the TAS Executive leadership team to help accelerate specific global growth initiatives.


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Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019 Consultancy.uk

Three senior level consultants have been boosted to the rank of Partner at Quantum Advisory, as the firm works to meet heightened levels of client demand. Aled Edwards, Amanda Burdge and Chris Heirene become Partners as long-time Quantum member Rob Davies retires in May after 15 years as a Partner at the firm.

Founded in 2000, Quantum Advisory provides pension and employee benefits services to employers, scheme trustees and members, with five offices across the UK. The firm has enjoyed exponential growth in recent years, following a number of major client wins and booming demand for its services. It opened a new office in Bristol in 2016 to service the South West and in 2017 relocated its Cardiff office to a larger site within the Welsh capital to house the increased workforce. More recently, Quantum relocated its Amersham, Birmingham and London offices to more spacious premises in the centre of both cities to cope with demand.

The financial services consultancy, which employs 115 people across the UK, has promoted three senior team members to Partner, as part of its wider growth plans. The firm has moved Aled Edwards from Principal Consultant & Actuary, while Amanda Burdge has ascended from Principal Investment Consultant. Chris Heirene, former IT Manager, has also joined the ten current Partners at Quantum.

Aled Edwards most recently managed the actuarial team within Quantum’s Cardiff office as well as providing technical training for all staff. He boasts more than 17 years of pensions experience. He started his career as an Actuary at Jardine Lloyd Thompson’s Bristol wing, before joining Quantum in 2011. Edwards is also the President of the Welsh Actuarial Society (WAS), which supports actuaries and actuarial students living or working in Wales.

Rapid growth sees Quantum Advisory promote trio of Partners

Amanda Burdge joined Quantum’s team in 2001, as one of the fledgling firm’s first employees. Most recently she was a Principal Investment Consultant with the firm, and with more than a quarter of a century’s experience in the sector, she is responsible for providing investment advice to many of Quantum’s key clients with both defined benefit and defined contribution schemes. Prior to her time with Quantum, Burdge spent two years as a consultant with SBJ Benefit Consultants (now Capita), and three years with Tesco Pension Trustees. She currently sits on the Regulation Committee for the Pensions Management Institute.

Chris Heirene initially worked with Quantum as an IT Consultant with Teamwork Technology Services and then UES for over five years, before finally joining the firm itself in 2011. He is now responsible for Quantum’s IT systems across all of its offices, including the network and core server infrastructure which supports the business. Heirene is heavily involved in utilising IT to improve and build upon the processes in place throughout Quantum.

David Deidun, Partner at Quantum Advisory, said of the promotions, “This is a very exciting time for Quantum. The recent round of promotions fully recognise the hard work and dedication shown by the three, all of whom go above and beyond for the company. I’ve no doubt that Aled, Amanda and Chris will settle into their new roles with ease and look forward to working together to grow Quantum even further.”

The news comes as Rob Davies retires in May, after spending fifteen years as a Partner at Quantum. A qualified actuary, Davies was instrumental in setting up Quantum’s Investment Division, specialising in aiding clients with their investment strategies. He will remain with the company on a part-time consultancy basis, while working with several clients in the Fiduciary Manager area.