Fenchurch is pleased to announce record results for the year ended 31st March 2016 with revenues of £17.3 million, an increase of 15% against a backdrop of challenging market conditions. The firm’s capabilities are increasingly in demand from major financial institutions to execute complex M&A assignments in a rapidly changing regulatory environment. These results demonstrate the continuing importance of independent and expert advice to the financial services sector. Recent transaction activity and significant assignments have increasingly involved international clients from Europe, the United States, Canada, South Africa and Australia.
Notable publically disclosed transactions included advising:
Promotions to Senior Managing Director
Fenchurch is pleased to announce that Graham Marchant, Vincent Bounie, Duncan Buck and Chris Deville have been promoted to Senior Managing Director.
Malik Karim, Founder and Chief Executive has been appointed Executive Chairman. Cliff Hampton is retiring as Chairman and will continue to work with Fenchurch as a Senior Adviser.
Malik Karim, Executive Chairman, said:
“On behalf of all of the Fenchurch team, I am delighted to congratulate Graham, Vincent, Duncan and Chris on their thoroughly deserved promotions to Senior MDs. They are exceptionally talented sector M&A experts who have delivered outstanding support to our clients. I am looking forward to working closely with them as part of an expanded leadership group to reinforce our position as a leading, owner-managed, corporate advisory firm focussed exclusively on the financial services sector.
Fenchurch continues to demonstrate excellent momentum and we remain extremely well positioned to sustain this in the near and medium term.”