BLP appoints new finance chief with PwC hire

Berwin Leighton Paisner has appointed a new finance director with the hire of David Rowe from PricewaterhouseCoopers (PwC).

Rowe – who will start at BLP in September – has spent over 20 years at PwC, occupying various roles including director of finance & planning, tax and legal, EMEA; and finance director, UK and global tax.

Most recently, he held the position of finance director of PwC’s global network, where he led the financial management and commercial and strategic decision support for PwC’s worldwide network activities.

In his new role Rowe (pictured) will lead a finance team of over 40 people and will also sit on BLP’s 16-member board. He replaces Mark Tothill, who left the firm February.

BLP managing partner Neville Eisenberg said: “We have grown considerably in recent years against a challenging economic backdrop and David’s significant experience in driving high performance will be very valuable as we continue to develop the firm.”

The news comes after it emerged yesterday (22 July) that BLP has restructured its Managed Legal Services (MLS) division following a number of departures and the appointment of a new relationship manager for key client Thames Water.

Thames relationship partner Patrick Somers, who joined BLP in 2005, left in March this year and has been replaced by corporate partner Keith Stella, while MLS chief executive Andrew MacNaughton, who was brought in last year to look at options to grow the division, has also left the firm.

Last week BLP reported a 5% drop in revenues after taking in a total of £233m for the 2012-13 financial year. The figure is down on last year’s figure of £246m, after revenues rose 7.4% during 2011-12. The firm declined to reveal this year’s profits per equity partner figure.