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PwC brings home Bermudian leaders

PwC has turned to home-grown talent among a slew of leadership appointments.

Three of the Bermudians appointed have spent most of their careers abroad and have now returned home to the island to join PwC Bermuda's leadership team.

The professional-services firm announced appointments and promotions in the areas of cyber and technology consulting; IFRS reporting; risk management and regulation, reserving, deals, forensics and insolvency; consulting; and tax and corporate services.

Arthur Wightman, PwC Bermuda leader, said: “Across all of the industries we serve, one theme is apparent — and that is our clients are facing a myriad of complex problems.

“In order to help our clients to solve their important problems and grow, we have deepened our talent pool and leadership in a wide variety of areas.

“We are particularly pleased to announce four Bermudian leaders reflecting success in our two-tier talent strategy.

“Firstly, our multi-decade HeadStart programme is now producing Bermudian leaders who have grown up with us since they joined the firm from college. Secondly, we seek to encourage Bermudians who have developed global acumen and skills by forging careers abroad to return to Bermuda to support our local and global clients.”

PwC welcomes Damian Cooper back to the island from the UK and prior to that, Australia, as a partner in the firm's insurance practice. Mr Cooper has worked with clients reporting under both IFRS and UK GAAP and has deep experience in reporting obligations under Sarbanes-Oxley. He also has expertise in IFRS implementations, including IFRS 17 solutions, Solvency II and broader regulatory advisory.

Sean Kelly is promoted to director, also in the insurance practice. Mr Kelly is a graduate of HeadStart — the firm's programme to foster Bermudian talent — having joined PwC as an intern. Mr Kelly's focus is on audits of large-cap public insurance and reinsurance groups, capital markets transactions in the insurance sector and insurance risk and regulation. He is spearheading the firm's IFRS 17 project team. Two Bermudians with international experience in the UK and Australia are promoted to director:

Megan Green joins the Asset and Wealth Management team bringing assurance and advisory with registered investment schemes, hedge funds, fund of funds, ILS funds, and fund managers. Katie Kelly continues to serve the captive insurance market now overseeing the delivery of the firm's assurance and advisory services to this segment of the market.

George Thomas joins as senior advisor to our deals and consulting practices. He returns to Bermuda with over 25 years of experience in investment banking, asset management, cyber and technology, organisational consulting and internal audit in New York, Boston and Tokyo. George has an exceptional network of relationships globally as well as in Bermuda.

In addition, James Ferris joins to lead the firm's Advisory business and brings expertise in providing restructuring advice and support to the boards of financial services companies, solvent and insolvent restructuring, forensics, and supporting and advising in M&A transactions in the US, Europe and Africa.

Michael Mielzynski is promoted to director, actuarial services. Mr Mielzynski has deep experience of the Bermuda market and provides a range of services to clients including assurance, reserving and pricing, valuations, due diligence, loss reserve specialist opinions, Solvency II compliance and capital management.

Mr Wightman added: “Developing a diverse and inclusive workforce is our priority. With over 200 people in Bermuda we're committed to investing in our people and the next generation of business leaders.

“These appointments reflect the importance we place on having the best people for the long-term success of our business and our clients. They follow our recent announcement that we've moved to a new, purpose-built workspace designed for flexibility to match our growth in Bermuda.”

PwC added that it has increased the strength of its tax business in Bermuda and across the Caribbean. In addition to the existing tax partners, a new tax and legal services leader, David Prestwich, will lead PwC's broader tax strategy to clients.

Home-grown talent: three of PwC Bermuda's new Bermudian leaders, from left, George Thomas, Megan Green and Damian Cooper (Photograph supplied)

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Published November 15, 2017 at 8:00 am (Updated November 14, 2017 at 8:39 pm)

PwC brings home Bermudian leaders

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