Legal Week and The Lawyer both reported today that Graham Iversen has resigned from Slaughters.
According to the respective articles, Iversen has resigned and will start work in November to lead the UK tax practice of GTM. Justin Hamer decided last year to step down from his management role but will remain as a consultant to the Firm.
This is the second high profile tax partner to leave Slaughters – in 2012 Richard Carson retired from the Firm but then popped up at Taylor Wessing.
Iversen’s areas of expertise are mergers and acquisitions (public, private, domestic and cross-border), structured finance, private equity, corporate reconstructions, and public debt and equity issues.
Highlights include advising:
- Kesa Electricals plc on the sale of Comet Group plc, its subsidiaries and Triptych Insurance N.V. to entities advised by OpCapita LLP
- UK Asset Resolution Limited, the single holding company for Northern Rock (Asset Management) plc and Bradford & Bingley plc, in connection with the sale of Northern Rock plc by HM Treasury
- INEOS on the formation of a joint venture with PetroChina relating to refining operations in the UK and France
Graham is listed as a leading individual in the Tax sections of Chambers UK 2014, Chambers Europe 2014 and Chambers Global 2014.
He joined Slaughters in 1990 and was made a tax partner in 2000.
René Schöb is the new country managing partner of Mazars Romania, with effect from September. He replaces Jean-Pierre Vigroux, who is retiring.
This is a rapid promotion for Mr Schob, who has only been with Mazars since September 2013.
René, a Swiss national, is a Certified Tax Advisor and member of the Romanian Chamber of Tax Consultants (CCFR).
His field of expertise encompasses Romanian and international taxation, with an emphasis on direct taxation: profit tax, withholding tax, financial and tax due diligence, mergers & acquisitions and corporate finance. He advises clients from various industries such as: automotive, insurance, production, pharmaceuticals, retail, agriculture, services providers, energy, E-business, Technology and IT.
René is a well-known expert for foreign and particularly German-speaking investors in Romania, having offered support to well over 150 firms during their market entry stage.
Before joining Mazars, he co-founded the professional services firm “Adevaris”, which merged with Mazars in 2013. Prior to that, he worked as a Project Management Advisor with KPMG Consulting / BearingPoint and as a director in corporate planning and controlling with a Swiss stock listed company.
He is fluent in English and German, with a sound knowledge of Romanian and knowledge of French.
Ryan has announced that Nigel Mellor has joined the management team as a Principal to lead the Firm’s continued international expansion throughout the Asia-Pacific region.
Mr. Mellor will drive the sustained growth of the Singaporean practice and direct the delivery of goods and services tax (GST) recovery, advisory, and compliance solutions, as well as an integrated suite of comprehensive international tax and technology solutions to multinational clients operating in the Asia-Pacific region. He will be based in Ryan’s Singapore office.
Mr. Mellor has more than 20 years of international tax experience leading multinational teams supporting global corporations across every major industry sector and has been based in Singapore, Europe, and the United States. Prior to joining Ryan, he served as United States Value-Added Tax (VAT) Leader for Deloitte and also previously established and developed a VAT/GST team in Singapore, where he also led the Indirect Tax Service Line for the Asia-Pacific region.
“Ryan already provides tax services to leading global companies operating in Singapore, and the addition of Nigel Mellor will provide experienced leadership to drive our continued growth in this emerging market,” said Brendan F. Moore, Ryan President of Europe, Asia-Pacific, and Latin America Operations. “The trust that Ryan has earned by delivering superior results for these multinational clients drives our commitment to rapidly expand our footprint across the Asia-Pacific region.”
“Nigel Mellor is a widely respected international tax professional, and his leadership will ensure that our global clients operating in the Asia-Pacific region have access to a more comprehensive suite of tax solutions for improving profitability and cash flow,” said G. Brint Ryan, Chairman and CEO of Ryan. “We will continue to acquire the very best international tax talent to support our client demand in countries all over the world.”
Jersey Finance has appointed Robert Christensen as the new Chairman of its Board in succession to Jonathan White, as effective from June 2014.
Robert Christensen, who has had over 35 years of experience in trust and company management services within Jersey, has been the Managing Director of Volaw Group since 1988, having been a founding director of Volaw in 1982.
He was instrumental in the establishment of Jersey Finance and served as a non-executive Director for Jersey Finance from 2000 until 2008.
A member of the Society of Trust & Estate Practitioners and holding the Trustee Diploma of the Chartered Institute of Bankers, Robert has been a long established specialist in advising on trust, company and fund structures for corporate clients and is frequently called upon for his knowledge and expertise with real estate structuring and innovative Islamic finance transactions.
Jonathan White, who enjoyed a legal career spanning more than 20 years and was Group Chairman of Ogier until 2009 when he retired as a Managing Partner, has been Chairman of Jersey Finance since 2009 and was a board member before then.
Acknowledging the contribution of both in the development of Jersey Finance, Geoff Cook, CEO, Jersey Finance, commented:
“Jonathan’s contribution to Jersey Finance has been immense. As a senior figure from Jersey’s finance industry, he brought a wealth of first-hand experience to the role of Chairman and his advice has been invaluable. He has been a superb ambassador for the industry both at home and abroad during his tenure as Chairman and his wide ranging international contacts have been very beneficial as we have stepped up our international programme. We are extremely grateful for his time and his commitment to the role.
“I am delighted also to welcome Robert, whose international experience and specialist knowledge of the workings of the finance industry have already been appreciated by us for many years through his membership of the Board. There are few in the finance industry that has given more to the development of Jersey Finance than Robert and I am delighted that he has agreed to follow on from Jonathan as Chairman.”
EY announced today the appointment of Jay Nibbe to Global Vice Chair for Tax, leading more than 35,000 tax professionals around the world. He chairs EY’s Tax Executive Committee and continues his role as a member of EY’s Global Executive, the organization’s highest management body.
Nibbe, who joined EY in 1985, was most recently the Chair of EY’s Global Accounts Committee and Deputy Area Managing Partner for Europe, Middle East, India and Africa (EMEIA). Nibbe also previously served as Americas Vice Chair of Tax and Americas Tax Managing Partner.
He takes charge at a time when tax is commanding more attention in the C-suite and in the boardroom. These executives increasingly understand how getting tax right is critical to growing successfully in the global economy. EY’s network spans more than 140 countries, providing clients with the right approach, specialization and resources to address all of their tax needs, both globally and locally.
Nibbe remains actively engaged in client services, and continues to work as a senior advisory partner to several clients.
Prior to his leadership roles in the Americas, from 1995 to 1999, Nibbe was based in Moscow where he led Tax in the Commonwealth of Independent States for four years, developing EY practices in Russia, Kazakhstan, Azerbaijan and Ukraine.
Nibbe received an Accounting and Finance degree from Minnesota State University and a Master’s Degree in Business Taxation from the University of Minnesota.
Benjamin Koch is assuming responsibility for PwC Switzerland´s Transfer Pricing and Value Chain Transformation Team with immediate effect.
He has been working in this field at PwC for ten years and replaces Norbert Raschle, who will continue as a PwC partner.
Benjamin Koch will also continue to lead PwC Switzerland´s Tax Controversy and Dispute Resolution Team.
Abbey Tax Protection, the tax fee protection division of the Abbey Protection Group, has acquired Sheffield based HowarthLynch, one of the UK’s providers of R&D tax consultancy services to SME’s throughout the UK.
Abbey Tax is a leading provider of professional fee insurance which reimburses fees incurred by businesses and high net worth individuals when HMRC undertakes an enquiry or investigation into a taxpayer’s tax, VAT or PAYE affairs.
HowarthLynch’s team of ten staff, advises over 500 clients throughout the UK. In addition to providing advice on R&D tax credits, the firm also specialises in the Patent Box.
Abbey Tax has an existing advisory business offering specialist advice in areas such as capital allowances, business valuations and IR35 for personal service company contractors. Together with HowarthLynch’s products, this will further enhance the offering of specialist tax consultancy services which are offered only to accountancy firms throughout the UK and not directly to taxpayers.
Alison Lynch, who founded HowarthLynch in 2009, will manage the new consultancy business.
Colin Davison, Chief Executive Officer of Abbey Protection Group, said: “We are one of the UK’s leading providers of fee protection insurance with our policies widely distributed through a network of over 2,000 accountants across the UK. Building our advisory portfolio gives us the opportunity to provide this network with a range of products which are valuable and attractive to their clients and many of which create recurring revenue opportunities for professional firms.”
Alison Lynch said: “Abbey is a highly respected and well-known brand amongst accountants and affinity groups throughout the UK. This is a great platform from which to market our expanding portfolio of specialist tax consultancy products. We see a number of opportunities to extend the range of products we offer and so broaden the specialist expertise that accountants in our network are able to offer their clients.”
Abbey Protection Group was acquired at the beginning of 2014 by Markel Corporation, a US based diverse financial holding company with combined assets of $24 billion and $6.7 billion of shareholder’s equity.
After 20 years at Staples Rodway, Roger Thompson has become a founding partner at Bentleys Chartered Accountants Ltd. This is the first New Zealand office of the Bentleys association of independent accounting firms throughout Australia and New Zealand
Roger will lead the taxation, trusts and corporate administration teams.
Roger has more than 30 years’ experience both as a chartered accountant and a lawyer. He has acted as professional advisor to a diverse range of high net worth individuals, small and mid-market businesses, as well as larger corporates including those in retail, property development and investment, manufacturing, superannuation, and professional services.
Roger’s specialist area in taxation consulting includes individual, trust and corporate taxation as well as FBT (fringe benefit tax) and GST (goods and services tax). He has particular expertise with the tax issues concerning trusts, property development and investment, trans-Tasman businesses, cross-border structures, PIEs (portfolio investment entities), CFCs (controlled foreign companies), FIFs (foreign investment funds), amalgamations, and other business restructuring.
Roger regularly presents seminars on a wide range of taxation issues and is co-author of CCH publications A Practical Guide to Taxing Property Transactions (all editions) and Fringe Benefits – A Practical Guide to Managing your Tax Costs (4th edition).
Roger’s also advises on and assists with the formation and administration of complying trusts, foreign trusts, LTCs (look through companies), and limited partnerships.
Taxation consulting and compliance
Trusts, LTCs, LPs formation and administration
Property development and investment
Construction, engineering and related services
Trust and fiduciary providers
Member – Chartered Accountants Australia and New Zealand
Fellow – CPA Australia
Member –Institute of Directors in New Zealand Inc
Member(non-practising) Auckland District Law Society
Member STEP (Society of Tax and Estate Practitioners)
Member – IFA (International Fiscal Association)