PwC UK has appointed Hugh Lloyd Ellis as leader of its private equity business. He has worked at PwC for over 15 years, including two years spent with the Hong Kong firm, supporting clients through the deals process as a transactions services partner, working across multiple sectors and on acquisitions and divestments ranging in size and value. As the private equity leader he brings a deep sector market knowledge and the best of PwC’s technical capabilities from across the UK to its clients.

KPMG UK has promoted Craig Rowlands to partner as the firm continues to grow its team that supports high net worth and family office clients. He has been with KPMG for more than a decade and leads the family office practice’s offering in Reading. His role focuses on working directly with the owners of private businesses and supporting them through complex transactions, such as third-party sales, demergers and succession planning. Richard Green, Jonathan Peall and Tom Young have also been promoted to director. The promotions reflect the commitment of the firm to bring talent through the business. Recent hires include director Hannah Keens who specialises in advising international individuals and their families on all aspects of UK tax, including residence, domicile and succession planning.