Midlands

EY to expand Midlands financial services practice




EY has announced plans to more than triple the headcount of its financial services (FS) practice in the Midlands as part of a wider expansion.

The current 30-strong team is set to grow to 100 people by 2020 with recruitment taking place both locally and from across the UK.

At present, EY employs nearly 1,000 people in its Birmingham office – the company’s largest regional practice outside of London.

EY has appointed Amit Thaker, Ben Morphet, John Saxton and Louise Starr to lead the tax, assurance and advisory services in the Midlands.

Amit, who will also act as the head of EY’s FS practice in the Midlands, said: “Birmingham and the wider Midlands region has a rich financial services heritage and is seeing a resurgence; both in terms of the growing number of global FS organisations with operations in this region, as well as those already headquartered here.

“I will be focused on building our local team to ensure EY in the Midlands is best placed to support, and grow alongside, the needs of the regional FS market.”

Simon O’Neill, EY’s managing partner in the Midlands, added: “This investment recognises the scale of the financial services sector in the region and EY’s commitment to the Midlands with a dedicated FS centre to support the next phase of our growth.

“We have set an impressive growth target to more than triple our FS headcount in this region and this is an exciting time to invest further in our Midlands practice when the region’s FS sector is rapidly expanding.”

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