Specialist business advisory firm FRP is expanding its offering with the appointment of Neil Withington to the newly-created role of director for corporate simplification.
Neil, a qualified accountant who will be based in FRP’s Leeds office but work with clients and teams across its national network, joins the business with 23-years’ experience in corporate simplification, legal entity reduction and solvent wind down.
This includes six years in the corporate simplification team at EY and 13 years at Deloitte, which included a secondment to HSBC, advising on the removal of over 400 entities from its global group structure, and dissolution planning for the 2012 London Olympic Games.
At FRP, Neil will support colleagues across the business’s office network to develop the corporate simplification service that it offers alongside its existing restructuring advisory, corporate finance and debt advisory solutions.
This will include strengthening FRP’s capabilities in the pre-elimination phases of work, on top of its existing expertise in carrying out solvent liquidations on a local, national and global basis
Neil Withington, director at FRP, said: “Corporate simplification is an incredibly powerful part of businesses’ toolkits – allowing them to manage risk, reduce costs and respond to regulatory change.
“While it’s often thought of in terms of large global organisations dealing with highly complex legal structures, it is equally as beneficial for any organisation where organic growth or M&A activity has increased the legal entity footprint.
“FRP has a real opportunity to build on the skill it already has across its business to further develop the breadth of services it offers to both existing and new clients in this space. I’ve always been aware of the business’ stellar reputation in the market, and it’s exciting to now be part of the team.”
Jeremy French, chief operating officer at FRP, said: “Neil will be a fantastic addition to FRP, serving as a valuable resource for our office network.
“His deep expertise and experience will be in high demand from the market, and his appointment demonstrates our ambition to expanding our offering to deliver the most comprehensive service to our clients.”
