As part of its continued commitment to increase the capability and level of specialisms within the region and in particular its Deals business, PwC Manchester has announced two new equity partners entering the partnership, Syedul Hussain and Peter Dickens.
Syedul has been appointed partner in the North West Transaction Services (TS) team. He has over 15 years of deal experience and over this time has advised a broad range of corporate clients, private equity houses and their portfolio companies. He is currently PwC's North West Private Equity Leader and his role will be to continue to help fast growing businesses, take them to IPO and grow the TS and wider Deals business.
“I am absolutely delighted to have made partner at PwC. I am really looking forward to a new chapter in my career where I will be able to enhance the capability of PwC’s North West Transaction Services team helping businesses maximise their full potential. Manchester has a fantastic deals community and I am extremely proud to be able to play in integral part in.”
Peter is part of the North West restructuring team. His focus is on supporting private clients that might be facing a variety of financial or operational challenges, working with management teams to generate cash and reduce costs, improve profitability, reduce balance sheet stress and, if needed, access the debt markets. Peter moved to the Manchester office last year from the London practice to deliver greater specialisms to the region. He has worked across a wide range of industries and territories, with particular recent experience in retail, financial services and natural resources.
“I am extremely pleased to have been appointed partner at PwC. This provides a fantastic opportunity for me to continue to build on the exciting positive momentum created across the team since I moved to the North West last year. My focus will continue to be supporting our private corporate clients to deliver their business and growth aspirations irrespective of their financial position and to help them with the ongoing challenges of Brexit. I’m sure that my wider UK and overseas experience will help them to do that. The North West Deals market is a thriving market and I’m excited to play my part in its continued growth.”
Iwan Griffith’s PwC’s North West regional chairman commented:
“At PwC we recognise the importance of continuing to invest in the specialisms we can bring to our clients across the region. These two very different types of partner appointments will ensure that we have the capabilities and strengths across our North West deals teams to continue to support our clients, our business and the wider economy.”
On a national level PwC UK has promoted 31 new equity partners, with effect from 1st July 2017, in addition to the 21 new equity partners recruited externally during the last 12 months. The majority of the new partners are in priority growth areas, including technology, deals and private business.
27% of the new partners are female, and 40% of PwC’s 134 new director promotions are women, as the firm continues to invest in its pipeline of senior female leaders.
PwC is the largest private sector employer and first professional services firm to report its gender pay gap under the government’s new guidelines and is ranked 7th in the UK’s first-ever Social Mobility Employer Index of employers, published in June.
Last month (June), PwC announced it has created an innovative new fully-funded technology degree apprenticeship in partnership with the Universities of Leeds and Birmingham to give more young people from a broader range of backgrounds the opportunity to get into a career in technology and to help grow the UK’s next generation of technology talent.