EY appoints Stuart Mogg as Director of Debt Advisory practice
Former RBS Director Stuart Mogg has been hired by professional services giant EY. The Big Four firm has picked Mogg as a new Director of its Speciality Finance Debt Advisory arm.
Prior to joining EY, Stuart Mogg’s career resided chiefly in the banking sector. Most recently, this saw him work for the Royal Bank of Scotland (RBS), as a Director in its FI Structured Finance segment. Between 2015 and 2017, the role saw Mogg focus on FI Client Coverage; having re-joined the bank in 2011 as an Associate Director.
Earlier in his career, Mogg worked for financial services firm Lombard, where he was most recently a Senior Relationship Manager in Commercial Banking, after spells working as a Relationship Manager in its Business Banking, and an Assistant Relationship Manager at the company. He began his career at RBS in 2006 as a Business Analyst, after obtaining a Bachelor of Science in Politics and Geography from Oxford Brookes University, and an Advanced Diploma in Credit from ifs University College.Mogg arrives at EY as a Director, and is tasked with running the firm’s Speciality Finance Debt Advisory practice, which was set up in 2015 to help financial services-based clients raise debt finance across their credit life-cycle, including asset backed growth capital and financing to support acquisitions. The role will see Mogg lead a team of eight as the practice continues to grow – topping £1.3 billion in funds raised across 15 transactions so far.
Nick Parkhouse, an EY Associate Partner for EMEIA Financial Services, remarked on the appointment, “In just over two years we have built a Financial Services debt advisory offering that is market leading. Stuart is a fantastic new addition to our team, and will help us reach our goal of becoming the number one Financial Services Corporate Finance team.”
Commenting on his new role, Mogg added, “I’m very pleased to be joining EY’s fast-growing Financial Services Corporate Finance practice at a critical time in its development. The growth in the speciality finance market in recent years, the ever-evolving funding landscape and the rise in M&A activity in the sector, is driving an ever greater need for companies to seek expert advice on the capital options available to them.”
2017 has been a busy year for EY in terms of talent recruitment. The accounting and consulting firm brought on board as many as 669 partners, globally. 63 of these were hosted in UK offices.