Mazars re-appoints former Audit Partner from Grant Thornton

24 January 2018 3 min. read
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Global professional services firm Mazars has confirmed the return of Sam Porritt to the firm’s London office, after he left for Grant Thornton three years ago. Porritt had been working as a Director at Grant Thornton, but will now be tasked with building up Mazars’ Insurance Audit practice.

From changing business models and cyber risk to change management, and even the consideration of self-driving cars, insurers are presently having to look beyond Brexit to the wider challenges facing the industry, as traditional strategies are coming under increasing threat. As a result, the consulting industry is positioning itself to handle a coming glut of work in the insurance sector.

Mazars, in line with the rest of the industry, is therefore working to strengthen its Insurance Audit practice. The latest addition to the firm’s wing sees former Partner Sam Porritt return to the office he left three years previously.

Before re-uniting with Mazars, Porritt had been working for rival firm Grant Thornton, where he was a Director in the firm’s Financial Services Group. There, he helped to offer financial services clients audit, assurance and advisory services. Earlier roles in his diverse career include Portfolio Manager at Kleinwort Benson; a Unit trust accountant for Tyndall Investment Management in Australia; and even a stint as a Runner and Camera Assistant for the NBC coverage of the Sydney Olympics.

Sam Porritt - Insurance Audit Partner - Mazars

Having obtained a Master of Arts in Geography from the University of Edinburgh, Porritt began his career at Mazars in the UK in 1996 as a trainee, rising to Audit Senior over a three-year period, before his first exit from the firm. His first return saw him become an Audit Partner, as he worked with Mazars over an eleven year period in its Insurance team.

As he begins his third spell with Mazars, Porritt takes up the role of Insurance Audit Partner in the firm’s London office. He has been tasked with using his extensive experience to strengthen the firm’s Insurance Audit practice, which covers clients including investment managers and private equity companies.

Commenting on Porritt’s new chapter at the firm, Michael Tripp, Partner and Head of Financial Services, said, “We’re delighted to welcome Sam back to Mazars. He brings significant experience to our insurance audit practice and his appointment reinforces our commitment to the sector”.

Porritt remarked on his return, “I’m thrilled to be back at Mazars and excited by the opportunity to build on the firm’s deep insurance knowledge and experience.”

Earlier, Grant Thornton also announced key changes to its global Insurance team. The firm appointed a new leader of its world-wide practice, promoting Matt Tierney to one of its most senior roles.