EY to triple FS practice in Midlands
Ernst and Young has announced plans to more than triple the size of its financial services practice in the Midlands, as it continues to execute on its UK FS regional growth strategy.
The current 30-strong Midlands FS team has plans to grow to 100 people by 2020, recruiting both locally and from across the UK. EY currently employs nearly 1,000 people in its Birmingham office and is the firm’s largest regional practice outside of London.
ITS growth plan in the Midlands includes a clear focus on growing its dedicated FS industry teams to provide specialist support and to better service the needs of the growing FS sector. EY’s research has shown that 100,000 people are employed in financial services in the Midlands and the sector is expected to see annual GVA growth of two,per cent leading up to 2020 – ahead of the UK’s average economic performance of 1.8 per cent.
EY has appointed a local leadership team of Amit Thaker, Ben Morphet, John Saxton and Louise Starr to lead the firm’s FS tax, assurance and advisory services in the Midlands.
Mr Thaker will also act as the head of EY’s FS practice in the Midlands. Originally from Coventry, he has relocated from London to take on this role.
