AAB Group announces appointment of Non-Executive Chair

Anderson Anderson & Brown  has appointed Ken Beaty as the firm’s new Non-Executive Chair. Beaty said of he was excited to help support the firm as it continues its growth journey from recent years.

Beaty went on, “Anderson Anderson & Brown (AAB) Group is flourishing and has a clear vision to continue to accelerate its growth in the coming years. With an exceptionally talented team, and strong backing from private equity investor August Equity, AAB has a clear commitment to deliver real value to clients and is focused on building a leading tech-enabled, business critical services group which is highly differentiated in the market.” 

Aberdeen headquartered AAB has been mulling ways to expand its offering in recent times. In 2018, the firm launched a dedicated consulting firm, in a bid to boost revenue growth, and amid the digital-disruption wrought by the pandemic, the firm was able to make the most of a rise in demand for its tech-enabled advisory services from the SME and enterprise markets.

This growth was accelerated in 2021, as AAB merged with Glasgow-based accountancy firm Hardie Caldwell, acquired Edinburgh-based Purpose HR, and merged with Leeds-based accountancy firm Sagars. The business plans to build on this momentum and continue to expand its portfolio of tech-enabled services for the SME and enterprise markets, fuelled by recent investment from August Equity.

As Non-Executive Chair, Beaty can help AAB maintain its momentum, drawing on his experience working with the boards and shareholders of high growth private companies through his 20 years as a partner with private equity group 3i in Glasgow, Leeds and London. He now operates as an independent board Chair, working with both private and publicly quoted companies and devotes a significant amount of time to his roles as Trustee and Chair with charities in healthcare, education and the arts.  

Graeme Allan, AAB Chief Executive commented, “It is fantastic to have Ken join AAB Group at what is an incredibly exciting time for our business. His depth of experience, strategic vision and extensive network will be invaluable to the Board as we identify new opportunities to continue to fast-track our growth.”  

AAB is a professional services group providing audit and accounting, tax, payroll and HR, outsourcing and advisory solutions globally. The firm has offices in London, Leeds, Edinburgh, and Glasgow as well as Aberdeen, from which it supports clients across nearly every major country in Europe, North and South America, Asia, Africa and Australia. With 450 staff, including 28 partners, the company has a group turnover of around £40 million annually.