New managing partner for Dains

TOP 50+50 firm Dains has appointed former RBS director Richard McNeilly as its new managing partner.

The newly appointed managing partner, who also spent 11 years at Lloyds TSB, has spent the last ten years at Dains, most recently serving as head of business development.

McNeilly takes over from Spencer Wright who is stepping down after nearly ten years in the role.

McNeilly said Wright had “made a significant contribution in promoting both the accountancy profession and Dains during his successful career initially as head of corporate finance and then as chief executive.

“Under his leadership the business has delivered excellent results for clients, partners and employees and has furthered its reputation as an independent adviser to owner managed businesses,” he said.

Wright will be continue to work with Dains and Dains IT Solutions in an advisory role.

Spencer commented: “I am delighted that Richard has taken on the role as managing partner. Richard has been a board member for the majority of his ten years at Dains and the business has developed enormously throughout this time, growing revenues by almost 70% in the past five years. I’m looking forward to new challenges, starting with Dains IT Solutions, our communications and IT business which was acquired in 2015.”

The Top 50+50 firm, based in the Midlands, won Mid-Tier Firm of the Year at the 2013 British Accountancy Awards.