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penman is latest to leave bdo in wake of merger

15 Oct 13

Andrew Penman, a director and head of London Private Client Tax Services for PKF’s UK operation for three years until it merged in April with BDO, at which point he remained with the combined entity for five months has taken a similar role with Mercer & Hole.

Andrew Penman, a director and head of London Private Client Tax Services for PKF’s UK operation for three years until it merged in April with BDO, at which point he remained with the combined entity for five months has taken a similar role with Mercer & Hole.

Mercer & Hole, which industry sources say is one of the UK’s “top 50” accountancy firms, was founded in 1905, and has offices in London, Milton Keynes and St Albans.

Penman began his career in the field of tax more than 25 years ago, initially with the Inland Revenue.

In leaving BDO in the wake of its merger with PKF, Penman follows out the door fellow former PKF tax specialist John Cassidy, who, in April, joined Crowe Clark Whitehill’s tax investigations unit as a partner, after more than 12 years with PKF. Anne-Marie Boden, also with PKF at the time of the merger, is now a senior manager with KPMG.

At Mercer & Hole, where his title is senior private client tax manager, Penman said international tax issues, such as residence and domicile matters, will account for around 65% of his work. He is based at Mercer & Hole’s Fleet Place offices in London.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.