Deloitte appoints John Kent Partner in IFRS advisory practice

27 December 2017 Consultancy.uk

Deloitte has picked up IFRS expert John Kent as a new Partner. Formerly of Big Four rivals KPMG, Kent was most recently employed by HSBC, and brings more than 19 years of sector experience to Deloitte’s Banking and Capital Markets team as its new co-leader.

Prior to joining Deloitte, John Kent worked at HSBC as a Director within the firm’s Asset and Structured Finance working as the Global Head of International Financial Reporting Standards (IFRS).  His experience in IFRS extends for fifteen years, covering a period of his more than 19 years at KPMG, where he rose to the role of Associate Director.

Kent brings his extensive IFRS experience to the new role as Partner and co-lead of the banking IFRS advisory practice. Demands will be made on his specialisation, related to financial instruments and structured transactions; although the role will also draw on his wider experience in practical, regulatory, and commercial matters pertaining to client facing bank relationships.

John Kent - Partner at Deloitte

Commenting on the appointment, Rob Topley, Head of Banking Audit at Deloitte, said, “John is a terrific addition to our partnership and his leadership of our Financial Services Accounting Advisory Practice will enable us to provide ever greater support to major banks, insurers and other financial services firms in applying and implementing complex changes in accounting.”

Kent said of his new appointment, “I look forward to joining a market leading firm with the breadth and depth of capabilities of Deloitte and using my banking experience to deliver IFRS advice and solutions that are relevant to our financial services clients. IFRS will continue to present challenges for banks and insurers – both directly as new accounting standards for financial instruments and insurance contracts take effect, and indirectly as the foundations for evolving regulatory capital and solvency requirements. I look forward to helping banks and insurers both implement the new IFRS rules and address the incremental capital effects of the new rules.”

Over the past month, KPMG have made a range of high profile appointments in the firm’s organisations. Earlier, also within KPMG’s financial wing, Judd Caplain was installed as the global head of banking and capital markets. Meanwhile, in the UK, Clair Angell was promoted to head of tax in the firm’s energy practice, and KPMG also appointed Euan West as the new head of its Liverpool office.

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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.