John Milne joins IT and Cyber Risk practice of EY

07 May 2014

Accounting and consulting firm EY has strengthened its IT and Cyber Risk practice with the appointment John Milne. He joins from the, where he led the Operational Resilience Team, and was previously at the FSA.

John Milne has a track record of more than 40 years in the financial services industry. In his last role he led Bank of England’s Operational Resilience Team. Under his leadership, the central bank established the benchmarking programme which highlights the cyber strengths and weaknesses of both individual firms and the sector as a whole. Milne was also responsible for rolling out the so-called ‘Market-Wide Exercise’ (MWE) programme, which included two major cyber exercises: Waking Shark (2011) and Waking Shark 2 (2013), both of which have won industry awards in recognition of their contribution to enhancing financial sector cyber resilience.

At EY, Milne joins as a Director in its IT and Cyber Risk practice, and will advise banks and other financial services firms on all aspects of operational resilience, including cyber and IT resilience.

“I’m delighted to welcome John to our expanding IT and cyber risk practice. The sector is taking leaps and bounds as developments and innovation constantly change the trajectory, and John’s extensive experience will further strengthen our position in this space. John is a key hire for this team, and demonstrates our investment and ambitions for our advisory business,” says Steve Holt, Head of UK Financial Services Cyber Risk at EY.

Milne comments: "I'm looking forward to the challenge of being involved in a new phase for financial services in terms of IT resilience and operational risk. Getting operational risk right throughout a period of such concentrated regulatory change is going to be challenging for many firms and I'm looking forward to working with the outstanding team at EY in supporting our clients in the period ahead.”


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Grant Thornton UK appoints five new Partners

23 April 2019

Sergio Cardoso, Matt Maltz, Jessica Patel, Marc Roberts and Nick Warner have been appointed as partners at Grant Thornton. With the company undergoing a year of transition under new leadership, the new members will help consolidate the firm’s offering as it looks to reach new levels of growth in 2019.

2019 sees Grant Thornton’s UK wing undergoing a process of transformation. As the group looks to ensure its teams “provide the right level of support for profitable growth” and create an environment that “makes it easier for our people to do great work”, the firm has announced a succession of senior appointments across its regional divisions.

In February, this saw Chris Petts and James Bulloss named Partner and Director in the North East and Yorkshire respectively. Now, the UK’s sixth-largest auditing and consulting firm has confirmed the installation of a further five Partners across its UK team.

Sergio Cardoso is a long-standing Grant Thornton employee, having joined from Daniel Auerbach & Company – where he was an Accountant – in 2005. Cardoso rose steadily through the ranks since then, taking up his most recent role as Audit and Assurance Director in 2015. In that role, he focused on dynamic, fast-growing and entrepreneurial private companies, as well as multinational and AIM-listed groups. He now takes up the position of Partner in Grant Thornton’s audit practice.

Grant Thornton UK appoints five new Partners

Nick Warner has been appointed as a partner in Grant Thornton’s VAT team based in London. Bringing more than 20 years of experience in tax to the role, Warner joins the firm from Moore Stephens, where he most recently was VAT Partner, during a five-year stay with the firm. Prior to that, Warner was a Partner in VAT at BDO and PKF UK. He also spent five years at HMRC as a Higher Executive Officer.

Matt Maltz is the first of three Partner appointments in Grant Thornton’s real estate tax division. A former EY Partner in real estate tax, Maltz spent 17 years with the Big Four firm. In his new position with Grant Thornton, he will tackle similar client areas, as a Partner in real estate tax.

Jessica Patel has also been promoted as a Partner in the firm’s real estate tax practice, having been with the firm for more than 15 years. Patel joined Grant Thornton as a trainee in 2003. She is a licensed member of both the Association of Tax Technicians and the Chartered Institute of Taxation. As a Partner, Patel will advise a wide variety of clients ranging from UK property investors and developers to overseas investors and property funds.

Marc Roberts is another Big Four alumnus to join Grant Thornton as a Partner. Roberts exited EY to take up his new position, having been an Associate Partner and real estate advisory lead at the company. With more than 25 years of experience in the financial services sector, Roberts also formerly held a Directorship and headed the corporate finance real estate advisory team at fellow Big Four firm PwC.