PwC appoints Hugh Man as a partner in corporate finance team
Big Four firm PwC has strengthened its deals practice with the appointment of Hugh Man. He joins as a partner in corporate finance.
Speaking on his new role, Hugh Man said, “I am excited by the way PwC can truly differentiate itself in the insurance M&A market because of the breadth and depth of insurance capabilities across the more than 1000 people who focus on the sector. Working together with other PwC colleagues I am confident that I can maximise value for my clients.”
Man brings more than 20 years of experience to PwC’s London office. He will now focus on M&A and capital raising in the insurance sector, building on PwC’s presence in this sector.
Lucy Stapleton, Global and UK head of Deals at PwC, added, “Insurance is a strategically important sector for us, and Hugh’s arrival marks a significant step in strengthening our leadership in this space. I am thrilled to welcome Hugh to PwC, he brings outstanding experience and a proven track record of advising on complex, high-value transactions across insurance and financial services.”
Prior to arriving at PwC, Man worked with investment bank Jefferies International, where he was managing director and head of EMEA Insurance. In that role he was lead financial M&A advisor to life and pensions, non-life insurance, reinsurance as well as distribution and services clients.
Before Jefferies, Man also held the same position at Credit Suisse. He also spent time with Fosun and UBS Investment Bank, having started his career with Deutsche Bank in 2004.
PwC research recently anticipated a busy year in the UK deals sector. Headline figures for UK M&A in 2024 had been “encouraging”, with values jumping by 37% in the last year, led by the financial services, technology, media and telecoms and services sectors. UK deal volumes were also found to be outperforming the wider EMEA region, by a considerable margin. Almost a fifth of the EMEA ‘companies for sale’ at the start of 2025 – 299 in total – were based in the UK and Ireland – leading to many consultancies to build their expertise in advance of new demand.
