Armstrong Watson names new Partner at recently expanded Glasgow office
Professional services firm Armstrong Watson has continued its expansion of its Scottish capabilities with the appointment of Pamela Coyne. The former PwC employee joins the group’s newly expanded Glasgow office as a Partner, specialising in restructuring and insolvency services.
Consultants across the UK are expecting a windfall after Britain completes its secession from the European Union in 2019, as businesses seek external expertise to better cope with an unpredictable post-EU environment. As one of the parts of the country deemed most economically vulnerable after Brexit, Scotland is particularly seeing a boom in consulting industry expansion. Numerous firms have expanded their office sizes and headcounts, or moved into Scotland a new, in preparation for a glut of work in the region relating to Brexit.
Earlier in 2018, this saw Mazars announce the appointment of a new Managing Partner to head up the firm’s Scottish operations. Elsewhere, both BJSS and Waterstons arrived in Scotland at the end of 2017, to open for business North of Hadrian’s Wall. The latest example of this has seen professional services firm Armstrong Watson make a concerted effort to bolster its operations in Glasgow.
Expansion across Scotland
The independent firm, which focuses on accounting and advisory services for entrepreneurial and owner managed businesses, first opened its doors in 1867, and has since opened a total of 16 offices across the North of England and South West Scotland, and has a national headcount of 38 partners and more than 400 staff. Despite its long-standing position as a key market incumbent in the North of the UK, however, the firm is still keen to boost its standing. Recently this saw Armstrong Watson acquire the Glasgow office of accounting and professional services firm Haines Watts Glasgow. Now, Armstrong Watson have continued their plans to expand the business across Scotland and the North of England, with the appointment of a new Partner to its broadened Glasgow location.
Insolvency expert Pamela Coyne has joined the firm as an Insolvency Partner. She brings over 26 years of experience in the property, leisure, engineering and charity sectors, as well as personal insolvency. Coyne was previously a Restructuring & Insolvency Partner with rival regional firm Scott-Moncrieff – a firm she spent over four years with – having also spent time at Begbies Traynor, PKF, and Big Four firm PwC, after a ten year spell at RSM Tenon earlier in her career.
Mark Ranson, a Partner at Armstrong Watson’s Glasgow wing, and head of restructuring and insolvency, said of the hire, "Our restructuring, recovery and insolvency team has been operational in Glasgow for the last two years and has steadily expanded as new instructions have been received… With Pamela's addition to the team, combined with other strategic recruitment, the service line has now doubled in size in the last three years."
Speaking on her appointment, Coyne added, "This is a very exciting time to be joining a firm with genuine ambition and growth plans. I have been impressed throughout the recruitment process with both the people and the culture at Armstrong Watson . I am very much looking forward to making my contribution to an already successful and award-winning practice as the business grows and develops."
