Maxine Rawlins, a partner at Ernst & Young, will take on the role of chief executive of Hawksford, in 2014 when the incumbent chief executive, Peter Murley, retires.
A partner at Ernst & Young in Jersey, Mrs Rawlins currently leads the Channel Islands Tax Practice and is Head of EMEA Asset Management Tax. Prior to this, she was chief executive of Maples Finance, an international trust business headquartered in the Cayman Islands. During this time she drove the significant growth of the business, including expansion into six new jurisdictions. Mrs Rawlins was also director of business development and in-house legal counsel at Close Brothers. She is a qualified barrister and Cayman registered attorney.
The current chief executive of Jersey based trust company, Peter MurIey, has held his role at Hawksford since March 2010. He said: ‘The board and I would like to take this opportunity to formally welcome Maxine to Hawksford. Maxine has enormous experience in our market and is a highly respected and popular leader who will no doubt make a very significant contribution to the future of this business.
‘I have made the personal decision to retire in 2014 after four years at Hawksford, during which time the business has undergone substantial expansion with the support of our investor Dunedin and chairman Philip Taylor. My focus is now on ensuring a seamless transition for our clients and staff.’
David Williams, partner at Dunedin, who sits on Hawksford’s board, commented: ‘We would like to join Peter and the board in welcoming Maxine to Hawksford. She is highly experienced in her field and has successfully led businesses through periods of growth and expansion, which will be very relevant at Hawksford. Our focus remains on increasing client choice by growing our international footprint whilst ensuring the business continues to add value to its global client base to further enhance Hawksford’s market leading position. We look forward to working alongside Maxine to achieve this.
‘We would also like to acknowledge the very significant contribution made by Peter since we backed Hawksford in 2008. Since then the company has gone on to establish itself as the largest independent trust company in the Channel Islands with an international footprint, revenues in excess of £20 million and a headcount of 180 people. This is in no small part down to the excellent leadership that Peter has shown. Peter remains firmly in charge and we know his phenomenal work rate will continue through to 2014. We are delighted that he will be able to ensure a smooth transition to Maxine and we wish him a well deserved retirement.’
Mrs Rawlins added: ‘Hawksford is one of the most progressive and innovative organisations of its kind and I am delighted to be a part of its future and continued success.’
Earlier this year, Hawksford acquired Key Trust, its fourth acquisition since its MBO in October 2008. In the last two years, the business has also completed the acquisitions of Trustcorp Jersey Limited, L-S&S GmbH, a Swiss boutique private wealth law firm and the employee solutions business of Standard Bank Dubai.
The company has also received peer recognition from the industry and was recently crowned Owner-managed Trust Company of the Year 2012/2013 at the STEP Private Client Awards and won the same award in 2010/2011. In 2011 Hawksford was recognised as Trust Company of the Year at the Citywealth Magic Circle Awards and was shortlisted for the same accolade again in 2012.
Hawksford was recognised in 2010, 2011 and 2012 by Private Client Practitioner, as a Top 25 Trust Company in its annual listing. In 2013 it has been named one of the 25 Most Admired Companies by Private Client Practitioner and most recently was awarded ‘Best offshore trust company in Jersey, Guernsey and the Isle of Man’ by Wealth Adviser.
Dentons Europe has promoted Dzhangar Dzhalchinov to partner. He is based in the Dentons Europe Moscow office and is currently Head of the Russian Tax Practice.
Dzhalchinov has strong expertise in all aspects of taxation, including tax risk prevention and tax audits. He primarily focuses on tax litigation and has considerable experience of working on tax dispute settlements at pre-trial stages. He is described as “one of the best tax litigators in Russia” by Chambers Global 2013.
Dzhalchinov graduated from the Moscow State University in 2005. He worked at Pepeliaev, Goltsblat & Partners and OOO Consalringovye Uslugy prior to joining legacy firm Salans in 2006. He was promoted to Head of the Russian Tax Practice in April 2012.
Dariusz Oleszczuk, Dentons’ European Chief Executive, said: “I am delighted to announce Dzhangar’s promotion to Partner in our Moscow office. He has done a tremendous job in developing our Russian Tax Practice, which is a growing market in that country at the moment. I am confident he will continue to contribute to Dentons’ success in Russia for years to come.”
The appointment follows three partner promotions made in January 2013: Peter Mayer was promoted to corporate partner in Berlin, Jody Saltzman was promoted to real estate partner in New York, and Sergey Trakhtenberg was promoted to real estate partner in Moscow.
Hot off the press today – David Kilshaw is leaving KPMG.
David Kilshaw is Chairman of the KPMG’s UK Private Client team, which advises family offices, entrepreneurs and trustees on all aspects of personal taxation. He has now reached the Firm’s retirement age, as specified in the partnership deed, and will be stepping down as a KPMG partner with effect from the end of September.
Dermot Callinan, Head of UK Private Client Advisory said “David is an admired KPMG Partner who has contributed enormously to our Private Client practice over the years and we wish him every success in the future. Our London Private Client team of 30 specialists are in great shape: The business is growing and recruiting to meet that growth. Greg Limb and Mike Walker are leading that team into new and exciting markets with Jo Bateson, Daniel Crowther and Derek Scott our Directors. I am very confident that our plans for the future will see that success continue to develop”
Mr Kilshaw will not be leaving the tax profession, notwithstanding his retirement from KPMG, and is currently exploring other opportunities.
Preben Jøker Thorsen has been promoted at Maersk Oil. He has been Global Head of Tax since April 2011 but has now been given global responsibility for Treasury as well.
Preben Jøker Thorsen is a lawyer by training and worked with the Danish Ministry of Taxation and DLA before joining AP Moller – Maersk A/S in 2004 as International Tax Manager. He has held a series of roles within the Group since then, including a commercial non-tax role.
Intuit Inc. has named David Williams as chief tax officer. In this newly created position, Williams will lead the company’s tax strategy, including implementing programs supporting the Affordable Care Act and tax system implications of pending Immigration Reform proposals.
Williams, 51, will also serve as the executive director of the American Tax & Financial Center at TurboTax. Established in November 2012, the Tax Center provides objective and independent data and insights on tax and personal finance trends. In that role, Williams will direct efforts to improve the financial capability of Americans and advise consumers on the practical, real world tax implications as the United States tax code continues to evolve.
“David has a unique insight into the U.S. income tax system, tax policy and electronic tax administration and has deep experience in administering the tax code in service to the American taxpayer,” said Dan Maurer, senior vice president and general manager of Intuit’s Consumer Tax business. “His experience will complement our leadership team, build expertise and capability in taxation and accelerate our progress to deliver personalized tax services to taxpayers.”
Williams has broad experience in public service, developing and implementing tax administration strategies and tax policies. He most recently served as the senior tax policy advisor to the United States Senate Committee on the Budget. Previously he held multiple executive roles at the IRS for more than a decade, including director of the Return Preparer Office and director of Electronic Tax Administration and Refundable Tax Credits.
During his time at IRS, Williams was the U.S. government delegate to and chairman of the Taxpayer Services Group of the Forum on Tax Administration of the international Organisation for Economic Co-operation and Development. In that role, he worked extensively with top government officials from national revenue agencies across the globe including Canada, the United Kingdom, Australia, New Zealand and Singapore among other countries. Before working at the IRS, Williams served as deputy assistant secretary of U.S. Department of Treasury and on the staff of former Sen. Bill Bradley of New Jersey.
“The already arcane and complex world of taxes is about to become even more challenging with the addition of new health care laws and possibly immigration reform, but this represents a period opportunity for the taxpayer as well,” added Williams. “That’s why I am proud to join the industry leader that is committed to helping people understand the tax and financial world around them.”
Susan Repo joins Tesla Motors as VP Global Tax. She will be based in San Francisco.
Susan has a strong pedigree of in house tax positions. She joins from Juniper Networks where she was Senior Director, International Tax and before that worked at Sanmina SCI and Agilent Technologies.
Although there has not been a formal statement yet from Barclays Wealth, several sources have approached Tax Grotto to inform us that Rob Withecombe is leaving.
Rob has been with Barclays since 2009 and his current title is Head of Wealth Advisory, Wealth & Investment Management. Prior to joining Barclays he was Head of Tax at Grant Thornton.
Clean Harbors, Inc., a leading provider of environmental, energy and industrial services throughout North America, has announced that Greg Malerbi has been named Senior Vice President and Treasurer.
Malerbi joined Clean Harbors in 2008 and most recently served as Vice President of Taxation. In his new role, he will continue to oversee the tax department and will also be responsible for cash management, investments, banking relationships, commodity hedging and other treasury management activities.
“Greg is a talented finance executive who has been a strong contributor and an integral part of our team since his arrival,” said James M. Rutledge, Vice Chairman, President and Chief Financial Officer of Clean Harbors. “His promotion to treasurer is a natural progression of his knowledge of Clean Harbors and his role within the finance organization. We are confident he is an excellent choice to be our next treasurer based on his broad financial expertise and deep taxation background.”
Prior to joining Clean Harbors, Malerbi was Director of Tax for Sun Life Financial for eight years. In that role, he was responsible for overseeing federal and state tax compliance and reporting for a large multinational financial services firm. Prior to Sun Life Financial, he held tax management positions at several companies, including XTRA Corporation, J. Baker and Marshalls. He began his career as a senior auditor at The Boston Company. He earned a Bachelor of Science degree in mathematics from the University of Massachusetts, an M.B.A. from Bentley College and a Master of Science degree in taxation from Suffolk University.