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KPMG partner joins Management Consulting Group

Kevin Reed, Accountancy Age, 05 Jan 2005

KPMG partner Mark Currie has joined Management Consulting Group as its finance director.

Link: KPMG partner joins royal household

Currie has spent the past five years at KPMG working in transaction support services for global clients, havcing spent three years in the principal finance group at Nomura.

Currie had previously worked at KPMG for 12 years, and was awarded first prize in the Order of Merit in the ICAEW professional exams when he qualified as a chartered accountant in 1987.

Current MCG finance director Stephen Purse has left to take up the same role at law firm Clifford Chance.

'The board is grateful to Stephen Purse for his contribution to the group since he became finance director and we wish him a successful career at Clifford Chance,' said MCG chairman Rolf Stromberg.

MCG has also released a strong trading update ahead of its 2004 preliminary results in March.

The group, which is comprised of Proudfoot Consulting and Parson Consulting, has estimated a 34% growth in revenues to £118.8m.

Proudfoot has contributed £81m in revenues, a 19% growth on 2003, while Parson's revenues have grown 85% to £37.8m.

MCG's operating profit is expected to 'moderately' exceed market expectations.

'I am very pleased with the revenue for 2004 particularly in the light of the weakness of the dollar,' said MCG chief executive Kevin Parry. 'In particular, the trading and momentum in Parson Consulting in the second half of the year have confirmed its turnaround.'

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