Azets hires new Aberdeen-based director to lead business advisory team

The Aberdeen office of accountancy firm Azets has appointed Richard Stephenson as director of its Accounts and Business Advisory Services (ABAS) department.

The ABAS team oversees the technology-led delivery of all compliance services, such as year-end accounts, VAT returns, management accounts and business advice.

Stephenson brings more than 12 years’ experience to the role, having worked in private practice advising a range of businesses across the North East.

He said: “Azets is making significant investment in technology needed to deliver compliance services and in the development of the staff and I am really looking forward to supporting Azets’ growth potential.”

Aberdeen regional managing partner David Booth said: “Richard has worked for both large and small accounting practices and has valuable industry experience.

“He has worked with a wide range of clients during his career and will play a key role helping to support our managers as we look to further grow this part of our business.”

Azets has also appointed Andreas Mitchell, who joined from AAB as an audit assistant manager to work in the audit team.

The Aberdeen office of Azets recently added a further 2,000 sq ft of space, expanding the Albyn Place business to 6,000 sq ft, with the capacity to grow the office to 100 staff by the end of 2022.

The news follows yesterday’s announcement that Azets has continued its expansion strategy with the acquisition of Garbutt + Elliott.

Established in 1896, it is one of the largest independent accountancy firms in Yorkshire, with more than 200 staff, 15 partners and a turnover of £12m.

The company will now trade as Azets from offices in York and Leeds.

Chris Horne, chief executive of Azets, said: “We’re delighted to create a presence in Yorkshire, adding to our office network in the North of England and across the UK.

“Acquiring Garbutt + Elliott is a significant milestone on our journey to increase revenue by 50% in the next five years.”

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