Barnett Waddingham appoints new Non-Executive Chair

12 February 2019

Actuarial consultancy Barnett Waddingham has appointed Elizabeth Renshaw-Ames as its new Non-Executive Chair. She brings nearly 40 years of professional services experience to the role, which she takes up following the standing aside of the incumbent Keith Satchell.

Founded in 1989, Barnett Waddingham has since grown to become the UK’s largest independent provider of actuarial, administration and consultancy services. The firm employs more than 750 employees across seven UK offices, including 64 Partners. The firm, which acts for a wide range of clients, large and small, in both the private and public sectors, worked throughout 2018 to bolster its offering in a period of heightened demand for expert advice in the UK consulting industry.

With the firm in a strong position going forward, Non-Executive Chair Keith Satchell decided in January that the time was right to stand down from his role. Satchell had spent the last 11 years in the position, and as the news broke, Nick Salter, Senior Partner at Barnett Waddingham, remarked that the firm had been “very fortunate to have had Keith”, calling his input as Chair “invaluable.”

Barnett Waddingham appoints new Non-Executive Chair

Now, the firm has announced that it has found Satchell’s successor: industry veteran Elizabeth Renshaw-Ames. The consulting sector stalwart has been installed as Barnett Waddingham’s new Non-Executive Chair at the end of January 2019. Renshaw-Ames brings extensive experience in the pensions and professional services industries to the role, having cultivated a four-decade career in the professional services sector.

Renshaw-Ames commenced her career with Big Four firm PwC in 1980, working as a Senior Auditor in both London and San Diego, California, over the course of an eight-year stay. After a two-year stint as CFO of Russell Reynolds Associates, she returned to PwC, reaching the role of Director in its UK Insurance & Investment Management practice before exiting in 2003. She then spent 11 years with Mercer, one of the UK’s largest pension advisory firms.

She was made a Senior Partner and UK Head of Client Management at Mercer, before 2015 saw Renshaw-Ames named UK CEO of HSBC’s Bank Pension Trust. This is a role she still holds, alongside being a member of the Governing Body and Audit Committee of Anglican charity and publishing business, SPCK.

Commenting on the appointment, Nick Salter said, “Elizabeth is as an experienced leader with an extensive career in professional services and demonstrable commercial, consulting and leadership skills. As we continue to grow as a business, the role of Non-Executive Chair is increasingly important to challenge our activity and decisions, to ensure we continue to maintain our strong values and do the best for our clients and the future success of Barnett Waddingham.”

Elizabeth Renshaw-Ames herself added, "I will bring to the role my expertise and insight from a long career in professional services, in particular my leadership skills and experience in implementing effective practical governance solutions. I am looking forward to working with the leaders at Barnett Waddingham to enable them to develop and grow the firm for the future, for the benefit of the clients, partners and people of Barnett Waddingham."

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Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019

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.