KPMG announces audit partner among raft of senior promotions



L-R Gary Fenson, Calum Brunton Smith, Lyn Niccolls, Phil Merchant, Louise McCarroll, Deborah May, David McKay, Michael Wilkie

KPMG has announced a strategic promotion to its financial services audit team in Scotland in response to significant growth in their audit client base.

Phil Merchant has been appointed Audit partner and will spearhead the firm’s 80-strong FS audit team in Scotland.

The promotion follows significant growth for the practice in Scotland.

Mr Merchant, who has been with the firm for 19 years, said: “KPMG’s work with financial services clients continues to go from strength-to-strength. Scotland has long been recognised as a hub for financial services and this continues to be the case.”

Additionally, the firm has announced seven director promotions to support growth across the business, demonstrating its commitment to investing in and retaining talent within the company.

Lyn Niccolls, Gary Fensom and Michael Wilkie have all been promoted to director within the audit team – Ms Nicolls leading engagements across the central belt, Mr Fenson focussing on financial services clients and Mr Wilkie on the not-for-profit and public-sector services.

In the Tax and Pensions team, Deborah May, Louise McCarroll, David McKay and Calum Brunton Smith have all been promoted to director.

Ms May, who joined the firm in 2017 having spent six years working in-house in oilfield services, now advises both UK-based and inbound organisations on their domestic and international tax affairs.

While based in Aberdeen, she will have a Scotland-wide remit.

Ms McCarroll works with financial services clients, primarily in the insurance industry, while Mr McKay advises a range of clients on potential innovation tax reliefs within their organisations.

Mr Brunton Smith will continue to build on the team’s significant success in advising pension fund trustees and family offices across Scotland on their investment portfolios.

Catherine Burnet, head of KPMG in Scotland said: “I would like to congratulate everyone on their promotions. Phil, Lynn, Gary, Mike, Louise, David, Calum and Deborah perfectly represent the vast experience and broad skill-set we as a firm deliver to Scotland’s business community.”

“From strategic partner and director promotions to our excellent graduate and apprenticeship programmes, we are committed to bringing a diverse range of people and expertise into the firm. This diversity across the business enables us to respond to the changing needs of our clients and the marketplace and as we continue to see significant growth in Tax, Audit, Consulting and Deal Advisory we know we have the talent in place to sustain this upwards trajectory.”

As part of its recruitment strategy, the firm recently launched its 2019 graduate programmes for a range of services. It recently took on a record 71 graduates in Scotland and has ambitions to offer a similar number of places for the 2019 programme.