Deloitte's workforce in Cardiff to break 1,000 employee barrier

23 May 2018 Consultancy.uk

Big Four firm Deloitte has grown its headcount in the capital city of Wales to the brink of 1,000. In the next five years, the professional services giant expects to hit a staff of as many as 1,500.

According to the latest data available from the Office of National Statistics, examining GVA, or how much money is generated through goods produced and services delivered, Wales has the lowest GVA per head – at £19,140 – of any UK nation or region. Despite these disappointing figures, Cardiff is currently topping the economic growth rate of the UK’s respective capital cities, with a rate of 5.7%, slightly higher than London. Despite the signs that the Welsh economy may be on the up, however, the region remains in the grip of a period of uncertainty, largely brought on by Brexit – with Wales currently receiving around £680 million of EU funds every year, according to the Welsh government.

Amid these challenges, demand for consultancy in Cardiff and Wales has increased, as businesses try to prepare themselves for life outside the European Union. This upping of demand, alongside a host of factors has fuelled the rapid expansion of the headcount at Deloitte’s Cardiff presence. Regional diversity, higher education standards and quality office space at affordable prices also boosted the recruitment drive.

Deloitte's workforce in Cardiff to break 1,000 employee barrier

Deloitte currently operates with 930 staff spread across three offices in Cardiff’s city centre, at Callaghan Square, Fusion Point and 6 Park Street, where the firm’s delivery centre team of 720 is based. The headcount of the offices are likely to speed past 1,000 this summer, and according to Deloitte’s Senior Partner for Wales, Wayne Harvey, could grow to a further 1,500 by 2023.

Addressing a meeting of a local networking event hosted by the Cardiff Breakfast Club, Harvey said, “That makes us the second largest office behind London in the Deloitte UK network. And if you look back eight years ago we had a total of around 145, so we have had a great deal of growth, which has been fantastic.”

He added, “We will be beyond a thousand this summer. And we should grow over the next three to five years, although with disruptive technology who knows what is around the corner, to hopefully up to around the 1,500 mark. We are offering great careers and opportunities. And it is not just us, but others as well in Cardiff’s growing and vibrant financial and professional services market.”

The Deloitte Senior Partner also stated that the firm was contributing a significant amount to the local economy by maintaining its presence in the area. Via the firm’s salary bill alone, Harvey contended that the firm boosted Cardiff’s economy by a little over £25 million.

Demands resulting from Brexit and initiatives to boost engagement amid a tightening talent market, multiple consulting firms have grown their headcount. Most recently this saw Big Four competitor EY announce plans to triple its headcount in its East and Midlands locales.

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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.