BDO appoints new Risk Management Director in Financial Services group

BDO LLP is pleased to announce that it has appointed Ian Cottrell as a Risk Management Director within its Financial Services Group (FSG). 

Ian previously worked as a Risk Director for 10 years at KPMG. Prior to that he has more than 20 years experience gained in the banking sector with both HSBC and the London branch of ING Bank where he was Head of Risk Management.

He has specialist experience in Financial and Operational Risk Management tools and techniques, Regulatory requirements (Basel II, Sarbanes-Oxley, FSA and control frameworks such as COSO), Management Assurance, Enterprise Wide Risk Management, Risk Self-Assessment; Internal Audit; Business Continuity and crisis management: Process Mapping and re-engineering Corporate Governance and Management Assurance frameworks.

Commenting on his appointment, Ian Cottrell Financial Services Risk Director, at BDO says: “Over the past 30 years I have seen the consequences that can befall institutions that fail to manage their risks effectively or have weak governance and poor internal controls.  As a pioneer of an Integrated Risk Management approach, I firmly believe that following recent events, this is something that organisations can no longer afford to overlook and I am excited by the opportunity of working with clients to help build a truly effective and proactive risk management capability fit for business purpose.”

Peter Chidgey, Head of the Financial Services Group, BDO LLP says: “The Financial Services Group is the fastest growing sector at BDO and we will continue to grow and expand the team over the coming months.  We welcome Ian on board and wish him all the best in his new role.”

ENDS

For more information, or a high resolution image of Ian, please email Dee Crooks at BDO, or telephone 020 7893 2761/07815 172 051.

Notes to editors:

BDO’s Financial Services Group is the fastest growing sector in BDO and covers a number of areas including insurance, banking, funds, internal audit, regulatory issues, retail financial services and investment management.

BDO LLP operates across the UK with over 3,000 partners and staff. BDO LLP is a UK limited liability partnership and the UK Member Firm of BDO International. BDO International is a world-wide network of public accounting firms, called BDO Member Firms, serving international clients. Each BDO Member Firm is an independent legal entity in its own country. The Belfast Firm is operated by a separate Partnership.

BDO LLP and BDO - Belfast are both authorised and regulated by the Financial Services Authority to conduct investment business.

BDO is an award winning firm.  Recent achievements include:

• Best Workplace UK - Financial Times 2008
• 100 Best Companies to Work For - The Sunday Times 2008
• Audit Team of the Year – Accountancy Age Awards 2008
• Tax Team of the Year – Accountancy Age Awards 2008
• Corporate Finance Deal of the Year – Accountancy Age Awards 2008
• Employer of the Year – Accountancy Age Awards 2007
• The Women of Achievement Award –  Women in the City 2008
• Top 50 Where Women Want to Work - The Times 2007
• Business Superbrand - Business Superbrands 2008