RSM Australia (RSM), which advises internationally active businesses, is responding to growing demands from clients and expanding the breadth and depth of its human talent.
RSM has recently appointed five new Partners/Directors (all lateral hires), two Associate Directors, and an Economist in a final round of appointments for 2023. This brings the firm’s total Partners to 135.
At a time of great volatility and uncertainty, RSM has employed an Economist to help clients navigate and better understand the challenges faced by business in today’s fast changing world. Devika Shivadekar, formerly of the Bank of America, Macromonitor Pty Ltd and the Reserve Bank of India, will focus on analysing the macro trends to provide guidance and insights to RSM clients across a range of industries.
As part of the digital-first approach to helping clients better understand and analyse relevant data and improve decision making, RSM is pleased to announce the appointment of Dr Ian Tho as the third Data & Analytics partner in the national team. Dr Tho, who will be based in Melbourne, was the former Head of Data Science & Advanced Analytics (APAC) for Google in Asia and has recently returned to Australia.
The recent RSM World Conference in Barcelona reinforced the global importance for organisations to understand what sustainable business means for them, to not only satisfy regulatory and stakeholder requirements, but to shape our future world. Linda Romanovska has been appointed as a Partner in Sydney, joining Tim Pittaway. The National ESG leadership team now totals six with Jacob Elkhishin (Global ESG Chair for RSM) and Nicole Mohan in Brisbane, and Catherine Bell and Karien Erasmus in Perth.
Tim Ryan (Partner) and Chris Perry (Associate Director) join Management Consulting in Canberra due to growing interest in Government consulting services.
In response to client demand in audit in RSM’s fastest growing office, Liz Mannoor has been appointed as Partner in Brisbane joining Steve Stavrou in the Assurance and Advisory team.
Brett Lord (Partner) joined the Sydney Restructuring and Recovery team to assist those clients challenged by the current economic uncertainty. Having professional expertise at this point of the economic cycle will assist clients in making the right decisions when confronted with many complex and competing alternatives.
RSM Chief Executive Partner Jamie O’Rourke said RSM’s final round of senior appointments for 2023 brought an increase in staff numbers to more than 1,800, surpassing the firm’s 2024 end of financial year target of 1,750. He remains optimistic on business performance in 2024 and is confident that RSM will exceed current growth targets.
“We are also on track to well exceed our 2024 revenue target of $337 million after posting a record 18% revenue lift which took our final 2022-23 result to $328 million,’’
- Jamie O'Rourke.
“This success is directly attributable to the calibre of professionals working at RSM and the digital-first approach to assisting clients in the challenges they face every day,’’ he said.
Mr O’Rourke said in contrast to the negative commentary and sentiment being expressed about Australia’s economy, he believes middle market businesses, which employ 68% of Australian workers, are more positive in their view of the economy.
According to RSM’s recent survey of 200 SMEs, 65 percent of SMEs don’t “feel like Australia is in a recession”, despite the current high inflationary environment and subdued GDP growth experienced over the past two quarters.
Full list of latest RSM promotions effective October 2023 unless otherwise stated:
New position
- Devika Shivadekar – Economist, Sydney (commenced 14 November 2023)
New Partners (lateral hires)
- Tim Ryan – Management Consulting, Canberra
- Brett Lord – Restructuring & Recovery, Sydney
- Liz Mannoor – Assurance & Advisory, Brisbane
- Dr Ian Tho – Data Analytics, Melbourne
- Linda Romanovska – ESG & Sustainability Services, Sydney (commences January 2024)
Associate Directors