Mark Shaw begins role as new Managing Partner of BDO UK
Mark Shaw begins role as new Managing Partner of BDO UK
Mark Shaw has begun his role as the new Managing Partner at BDO UK today, 1 October 2024, restating the firm’s commitment to the mid market.
Describing the mid market as the ‘economic engine’ powering UK growth, Mark highlighted that mid-sized businesses are responsible for one in three UK private sector jobs and have revenues equivalent to half the value of UK GDP.
Despite this vital role, Shaw says that the mid market risks being overlooked and undervalued by policy makers and that, with the right support from Government, Britain’s mid-sized businesses will play a central part across all regions of the UK in its ambitions for economic growth.
Mark Shaw, BDO Managing Partner, said: “The UK’s mid-market businesses have consistently proven to be ambitious and resilient despite notwithstanding an economic backdrop which has for some time been challenging. The success of those businesses, combined with the capabilities of our 8,000 people across our 18 UK offices, supports our own success. It is a privilege to be working with them.”
Today also marks the commencement of a new Leadership Team at BDO. Announced this summer, the 11-strong team brings together new and existing Leadership Team members, combining continuity and stability with fresh and diverse perspectives. The firm will now operate across four core divisions: Audit; Tax; Deals; and Consulting, Risk & Outsourcing.
Mark added: “I look forward to working with our talented partners and colleagues to achieve balanced growth over the coming years; one that puts serving the public interest, our culture and the wellbeing of our people at its heart.
“Today’s world is uncertain, with people and businesses facing both great challenges and great opportunities. BDO has thrived since it was established in the UK over 100 years ago, but we will not rest on our laurels and must be ready to innovate and adapt to the market opportunities that lie ahead. We will build on our heritage, whilst we look to the future.”
Mark takes on the role at an exciting time for BDO as the firm’s UK revenues head towards the £1bn milestone for the first time. This has been done through controlled growth across all parts of the firm.
Last year, BDO also invested £120m back into the business - the largest annual investment in the firm’s 100-year history – with a clear focus on people, quality and future high-growth services.
Mark said: “It is a privilege to be taking on this role from my predecessor, Paul Eagland, who has now served his maximum two four-year terms. The firm’s growth and development during that time has been extraordinary. On behalf of all at BDO, I extend to Paul and his Leadership Team my sincere thanks for their hard work and their outstanding success.”
- ENDS –
The organisations we work with are Britain’s economic engine –entrepreneurially-spirited, high-growth businesses that fuel the economy.
We understand the ambitions and entrepreneurial mindset of those we work with and have the global reach, integrity and expertise to help people and businesses succeed.
BDO LLP
BDO LLP operates in 18 offices across the UK, employing 8,000 people offering tax, audit and assurance, and a range of advisory services. BDO LLP is the UK member firm of the BDO international network.
BDO’s global network
The BDO global network provides business advisory services in 166 countries and territories, with more than 115,000 people working out of 1,776 offices worldwide. It has revenues of US$14bn.
Head of PR
BDO
Tel: 07814 500 799
Email: laura.cairns@bdo.co.uk
Press office
Email: media@bdo.co.uk
Describing the mid market as the ‘economic engine’ powering UK growth, Mark highlighted that mid-sized businesses are responsible for one in three UK private sector jobs and have revenues equivalent to half the value of UK GDP.
Despite this vital role, Shaw says that the mid market risks being overlooked and undervalued by policy makers and that, with the right support from Government, Britain’s mid-sized businesses will play a central part across all regions of the UK in its ambitions for economic growth.
Mark Shaw, BDO Managing Partner, said: “The UK’s mid-market businesses have consistently proven to be ambitious and resilient despite notwithstanding an economic backdrop which has for some time been challenging. The success of those businesses, combined with the capabilities of our 8,000 people across our 18 UK offices, supports our own success. It is a privilege to be working with them.”
Today also marks the commencement of a new Leadership Team at BDO. Announced this summer, the 11-strong team brings together new and existing Leadership Team members, combining continuity and stability with fresh and diverse perspectives. The firm will now operate across four core divisions: Audit; Tax; Deals; and Consulting, Risk & Outsourcing.
Mark added: “I look forward to working with our talented partners and colleagues to achieve balanced growth over the coming years; one that puts serving the public interest, our culture and the wellbeing of our people at its heart.
“Today’s world is uncertain, with people and businesses facing both great challenges and great opportunities. BDO has thrived since it was established in the UK over 100 years ago, but we will not rest on our laurels and must be ready to innovate and adapt to the market opportunities that lie ahead. We will build on our heritage, whilst we look to the future.”
Mark takes on the role at an exciting time for BDO as the firm’s UK revenues head towards the £1bn milestone for the first time. This has been done through controlled growth across all parts of the firm.
Last year, BDO also invested £120m back into the business - the largest annual investment in the firm’s 100-year history – with a clear focus on people, quality and future high-growth services.
Mark said: “It is a privilege to be taking on this role from my predecessor, Paul Eagland, who has now served his maximum two four-year terms. The firm’s growth and development during that time has been extraordinary. On behalf of all at BDO, I extend to Paul and his Leadership Team my sincere thanks for their hard work and their outstanding success.”
- ENDS –
Note to editors
Accountancy and business advisory firm BDO LLP provides integrated advice and solutions to help businesses navigate a changing world.The organisations we work with are Britain’s economic engine –entrepreneurially-spirited, high-growth businesses that fuel the economy.
We understand the ambitions and entrepreneurial mindset of those we work with and have the global reach, integrity and expertise to help people and businesses succeed.
BDO LLP
BDO LLP operates in 18 offices across the UK, employing 8,000 people offering tax, audit and assurance, and a range of advisory services. BDO LLP is the UK member firm of the BDO international network.
BDO’s global network
The BDO global network provides business advisory services in 166 countries and territories, with more than 115,000 people working out of 1,776 offices worldwide. It has revenues of US$14bn.
Contacts
Laura CairnsHead of PR
BDO
Tel: 07814 500 799
Email: laura.cairns@bdo.co.uk
Press office
Email: media@bdo.co.uk