EY Ireland announces 10 new Partners following continued growth

23 July 2018 Consultancy.uk

EY has appointed 10 new Partners to help lead the firm across the island of Ireland. The mixture of internal promotions and external appointments is aimed at strengthening EY’s offering across the region, as it prepares for heightened demand from businesses bracing for Brexit.

After 10 years of slow recovery from the 2008 financial crisis, Ireland’s employment has finally surpassed its levels of a decade ago, buoying growth figures across the island. As a result, the Republic of Ireland specifically can expect GDP growth of 4.9% in 2018 and 3.8% in 2019, according to the latest forecasts from Big Four firm EY. However, those in Northern Ireland are forecast to see 1.1% in 2018 and 1.2% in 2019, likely resulting from the North’s remaining ties to Brexit-stricken Britain, and both countries in the region are underprepared to weather the coming storm – with just 4% of firms across the island having an active Brexit plan in place at present.

With the tapping of business support services in regards to this at a low 15% currently, demand for external expertise on the matter is likely to boom as negotiations approach their culmination in March 2019, and is subsequently set to fuel the strong growth EY has enjoyed across Ireland in recent years. The firm has grown its headcount on the island by more than 36% to 2,500 in the past two years, booking healthy figures across all Service Lines as a result, and expects to report double-digit growth at the end of the 2018 financial year for the fifth consecutive year.

In order to further bolster its offering ahead of a potential increase in business, EY has appointed 10 new Partners. Following the recent news that there will be 520 new jobs created across EY’s seven offices on the island of Ireland, this development brings the total number of Partners within the Big Four firm’s Irish business to 73. It also comes as part of 747 new Partners being announced globally.

From left to right; Niall Barrett, Ronan Clinton, Paul Traynor, Robert Henson, Eamon McCallion, Vickie Wall, Frank O’Keeffe, Eoin MacManus, Catherine Vaughan, Sarah Connellan, Ian Edwards, Cian O’Donovan, Andrew Dolliver

Three new Partners have been appointed within the firm’s Assurance division. Vickie Wall, who has been with EY for four years since leaving competitor PwC, has been promoted within the Statutory Reporting Centre of Excellence (COE) in Dublin. The COE develops innovative, technology-driven solutions to execute global audits for some of the world’s largest multinational corporations. New arrival Niall Barrett joins EY’s Cork office from Gilead Sciences, where he spent seven years in a number of finance leadership roles. As a Partner in Cork, he will provide assurance services to large multinational and indigenous fast-growth clients, with a particular focus on the Munster region. Fellow new hire Ronan Clinton specialises in external audit, IFRS and Irish / UK GAAP, Corporate governance and Risk management. He will be based in Waterford, joining from Clinton Flynn, an independent firm of Chartered Accountants in the Southeast, where he was also a Partner.

EY’s Tax team has meanwhile welcomed four new Partners. Belfast-based Ian Edwards arrived at EY in 2012, and specialises in the provision of tax compliance and tax consultancy services, having most recently been a Tax Director at the firm. Robert Henson has been appointed as a Partner of the Dublin tax team from Mason Hayes & Curran, and will advise on a wide range of clients in the agri-food, energy, funds, leasing, manufacturing, pharmaceuticals and technology sectors. Another new arrival, Cian O’Donovan, will join EY from Big Four competitor KPMG, as a former Tax Director, to lead EY’s Real Estate tax team, along with Eamon McCallion, who joins the indirect tax team within the financial services organisation from global biopharmaceutical services provider PAREXEL, where he established and led the business’ indirect tax team.

Additionally, EY beefed up its Transaction Advisory Services (TAS) practice with one new Partner. Belfast-based Andrew Dolliver has been promoted to the role internally, and will sit within restructuring, and specialising in turnaround, creditor and debtor advisory, independent business reviews and formal insolvency. Elsewhere, Paul Traynor has been appointed as a Partner to the Advisory practice in the financial services organisation, where he will work on the Wealth and Asset Management team. He arrives from BNY Mellon, where he led the firm’s insurance and pension segments efforts across Asia Pac, EMEA and LatAm. Finally, Catherine Vaughan, based in Dublin, has been appointed as a Partner in Global Risk, a role she will fulfil alongside her present position of Global Compliance Leader. Outside of her day-to-day role, Catherine also plays an instrumental role in EY’s Diversity and inclusion agenda in Ireland.

Frank O’Keeffe, Country Managing Partner, EY Ireland said of the news, “The appointment of 10 new Partners to the partnership, alongside our wider jobs announcement last week, demonstrates our commitment to continuously expanding the breadth of our service offering by investing in the best talent... A combination of traditional and innovative skills and capabilities means we can provide market-leading products and services that help our clients continue to tackle some of today’s most complex and pressing issues.”

Related: EY reports strong growth in revenue and consultant count across UK and Ireland.

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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.