Grant Thornton invests in Aberdeen

NEW GROWTH opportunities in Aberdeen, North East Scotland, have seen Grant Thornton invest in the area.

The firm has made its first move into the Granite City as part of its 2020 strategy, focused on profits, investment and services.

Rob Caven, partner at Grant Thornton and head of advisory in Scotland, said that, despite the oil and gas downturn, a good mix of opportunities lay ahead for the firm and region.

“We are confident that both Grant Thornton and Aberdeen will have a sustainable, successful future. The region has been hit hard by the oil and gas downturn and wider economic and political uncertainty, but its rich mix of industry reflects its resilience.”

Recruitment is in process to establish a dedicated expert team based at Queen’s Road (pictured), in the city’s financial district. A director of corporate finance has already been appointed, Ian Knott, who has almost a decade of experience and previously worked at KPMG and Simmons & Company.

Grant Thornton has recently invested in seven new partner and director appointments.

Caven added: “By focusing on new ideas and the potential of the north east, we believe there will continue to be significant opportunities. It’s also great having Ian Knott on board to help drive forward this new practice. Our objective is long term growth throughout Scotland.”