BDO promotes five to partner in Advisory business

26 June 2022 2 min. read
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In the run-up to its “strongest year of growth in over a decade”, BDO has promoted 15 new partners per July 1st, lifting the size of its partnership to nearly 250 in total.

The promotion round sees five new partners appointed to Advisory’s leadership team, with the remaining partners spread across the Audit, Business Services and Tax business units.

The Advisory partner appointments of Joe Occhino, Srinidhi Rao, Jeff Marsden, Mathew Blum and Martin Emilson come six months after the year-start partner additions of Anders Magnusson, Rebecca Thomson and Quin Rijnders.

Joe Occhino, Srinidhi Rao, Jeff Marsden, Mathew Blum, and Martin Emilson - BDO

Joe Occhino
Joe is part of the People Advisory practice and specialises in workforce transformation and organisational performance. He is based in Brisbane.

Srinidhi Rao
Srinidhi is a member of the Risk Advisory practice specialising in cyber security and technology risk. He is based in Sydney.

Jeff Marsden
Jeff is a partner in the Business Restructuring practice and specialises in restructuring advisory, insolvency, pre-lend reviews, due diligence, and refinancing services. He is based in Sydney.

Mathew Blum
Mathew joined BDO in 2020 and is part of the Business Restructuring practice, based out of Melbourne. He advises businesses in financial distress on topics including restructuring and contingency planning.

Martin Emilson
Martin is a member of the Corporate Finance practice, based in Melbourne. He specialises in mergers & acquisitions, valuations, independent expert reports, purchase price allocations, and more.

The July 1st promotions complement a cohort of new partners recruited externally, with 17 new leaders welcomed firm-wide from rivals or industry players in the past twelve months. Of that group, Simon Yoo (EY), Stefanie Merlino (PwC), Hamish Ogilvy (Deloitte), David Kwong (industry), Brett Spicer (industry), Ally Flint (Deloitte), and Chris Korte (industry) joined the Advisory division.

In its latest financial year, strong demand for its services saw BDO grow its partnership by 37 members, ending the year at a tally of 246 partners, up from 217 for the same time last year.

Ahead of a formal release of financials, BDO chief executive partner Tony Schiffmann confirmed that 2022 will be the firm’s best year in over a decade. Earlier this year, BDO’s global network reported record results of US$11.8 billion, up 15% in in US dollar terms vis a vis its previous financial year.

BDO is the world’s fifth largest accounting and consulting network. In Australia, the firm holds sixth spot.