Posts

Ernst & Young Appoints Ally Scott as New Managing Partner

Ernst & Young Global Limited, doing business as EY, is a multinational professional services network with headquarters in London, England. EY is one of the largest professional services networks in the world.

EY has for the first time appointed someone who is not a chartered accountant to head its Scottish operation, and flagged major hiring plans.

EY is the largest professional services firm in Scotland, with an ongoing investment to grow their Scottish workforce.

Ally Scott, who joined the accountancy firm’s Scottish operation from banking giant Barclays in autumn 2016 as head of transaction advisory services, will succeed Mark Harvey as EY’s managing partner for Scotland on July 1. Mr Harvey will remain a partner of EY until next April, before joining car retailing giant Arnold Clark as chief financial officer in the summer of 2020.

A spokeswoman for EY confirmed that Ally would be the first leader of the Scottish business who was not a chartered accountant.

EY highlighted its ambitions to increase its current Scottish workforce of about 1,000 by 25 per cent over the next 12 months.

EY has offices in Glasgow, Edinburgh, Inverness and Aberdeen.

EY noted Mr Harvey had, since taking on the Scotland managing partner role in 2015, raised the annual revenues of the accountancy firm’s Scottish business from about £100 million to £170m.

The EY spokeswoman noted some of the new jobs would be in the data analytics, automation and digital area, but emphasised hiring would be broadly based, citing a ramping up of activity across assurance, advisory and tax operations.