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The mid-tier firm says it is also on track to exceed its revenue goal for the year.
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RSM hits FY24 headcount target with raft of appointments
20 November 2023
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RSM has made a raft of appointments including five directors, two associate directors and an economist to take its partner count to 135.
It said bringing an economist into the firm would “help clients navigate and better understand the challenges faced by business in today’s fast-changing world”.
Devika Shivadekar (pictured), formerly of the Bank of America, Macromonitor and the Reserve Bank of India, would focus on analysing macro trends to guide RSM clients, it said.
Another of the promotions also addressed the need for insight with Dr Ian Tho named as the third data and analytics partner in the national team. Dr Tho, who will be based in Melbourne, was the former head of data science and advanced analytics for Google in Asia and has recently returned to Australia.
The need for organisations to understand what constitutes a sustainable business is set to be helped by the appointment of Linda Romanovska as partner, who will join Tim Pittaway in Sydney. The move takes the national ESG leadership team to six, with global ESG chair Jacob Elkhishin and Nicole Mohan in Brisbane, and Catherine Bell and Karien Erasmus in Perth.
Management consulting has been bolstered by Tim Ryan as partner and Chris Perry as associate director in Canberra to meet growing demand from government.
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Demand was also behind the appointment of Brisbane partner Liz Mannoor, who has joined Steve Stavrou in the assurance and advisory team.
Finally, Brett Lord has joined the Sydney restructuring and recovery team, bringing expertise in assisting clients to make the right decisions when confronted with many complex, competing alternatives.
Chief executive partner Jamie O’Rourke said the firm’s final round of senior appointments for the year took staff numbers above 1,800, surpassing the FY24 target of 1,750.
“We are also on track to well exceed our 2024 revenue target of $337 million after posting a record 18 per cent revenue lift, which took our final 2022–23 result to $328 million,’’ Mr O’Rourke said.
“This success is directly attributable to the calibre of professionals working at RSM and the digital-first approach to assisting clients in the challenges they face every day.”
Mr O’Rourke had a positive view of middle market businesses, which employ two-thirds of workers, despite negative commentary about the broader economy.
A recent RSM survey of 200 SMEs found that 65 per cent did not “feel like Australia is in a recession”, despite high inflation and subdued GDP growth over the past two quarters.
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