RSM UK appoints two new Directors in Scotland
Two decade-long members of RSM’s UK operations have received promotions, as the firm looks to bolster its Scottish operations ahead of a busy 2019. Connor Agnew and Fiona Duncan have been appointed as directors within the Scottish corporate finance and accounting and financial reporting teams, respectively.
Ahead of an uncertain 2019, many businesses across the country are keen to find ways to insulate themselves from the tumultuous economic environment of Brexit. The uncertainty has slowed the growth of the UK’s economy drastically in recent months; however, consulting firms are enjoying sturdy demand, as clients consult external experts to prepare for a difficult period. While the lion’s share of this work is usually associated with London, it is also true across Scotland, where consulting firms have been rushing to expand their presences throughout 2018.
The latest development in this regard has seen middle market-focused RSM appoint two new Directors in its Edinburgh and Glasgow offices. The news sees Connor Agnew and Fiona Duncan promoted following more than a decade of service for the company each.
Agnew has been with RSM since 2008, having qualified as a Chartered Accountant with the firm. Most recently he has been with the London M&A team as associate director of mergers and acquisitions and private equity. Prior to this, he spent more than three years as associate director of corporate finance in Aberdeen. Agnew is a member of the Institute of Chartered Accountants of Scotland. He will now lead RSM's M&A and Private Equity team across Scotland.
Duncan, meanwhile, arrived at RSM in 2007, and has more than 20 years’ experience in working with high-growth Scottish and international businesses across various sectors. She was most recently a Senior Manager, Accounting and Business Advisory, in Edinburgh. She will continue within the Edinburgh office as the firm’s Accounting and Financial Reporting Director.
RSM has increased its revenues by 9%, hitting £319 million at the end of 2017. The firm’s income for Consulting, Human Resource and Legal Services jumped 46.6% to almost £16 million, while tax and advisory increased by 8.6% to £138 million, while its audit and assurance sector grew by a more modest 4.8% to £77 million.
