Si Mathavan joins Johnston Carmichael as assurance partner
Audit and advisory firm Johnston Carmichael has announced the appointment of a new internal audit and controls assurance partner. Former Big Four consultant Si Mathavan is based in the firm’s London office.
Commenting on the hire, Graham Marjoribanks, Partner and Head of Audit at Johnston Carmichael, said, “Attracting a professional of Si’s calibre is a fantastic boost for the firm. With a keen focus on financial services but experience of working with a variety of industries his insight and knowledge will be an incredible resource for our clients.”
Founded in 1936, Johnston Carmichael is the largest independent audit and advisory firm in Scotland, and now employs more than 850 staff and partners across the United Kingdom.
The firm’s internal audit function is seeing growing demand for its services, as it can enable businesses to manage and anticipate risk, as well as be more agile in enacting improvement.
“The pandemic, climate change, supply chain issues and cyber security are among the many challenges that businesses face, but they can also be opportunities. Our support will ensure businesses have the data and advice they need to respond appropriately,” Marjoribanks added.
As the firm looks to provide that response, Mathavan’s remit will also include consideration of regulation that will impact firms in the financial services industry and supporting firms to comply with their ESG requirements. Working as a Partner in the Internal Audit, Financial Services and ESG practices, he will be based in Johnston Carmichael’s London locale.
Mathavan brings 17 years of experience to the role. Most recently he was a Director in the assurance team at EY. He also spent time with BDO, Grant Thornton and Mazars, helping him build extensive experience of working with wealth and asset managers, banks, transfer agents and consumer credit firms.
Speaking on his new challenge, Mathavan commented, “After many years of working in big teams, I am excited at the prospect of growing Johnston Carmichael’s internal audit and controls assurance offering. I’ve been hugely impressed by the quality of the firm’s people and its vibrant culture, which is attracting a healthy talent pipeline… Ensuring appropriate ESG and corporate governance arrangements are in place will also be increasingly important as new regulations are introduced.”