Price Bailey appoints new members to governance board

UK-based accountancy firm Price Bailey has appointed eight members to its governance board.

The board now includes managing director Martin Clapson and finance director Paul Cullen, alongside chair Chand Chudasama and audit and assurance head Richard Vass.

Compliance head Catherine Hardinge, HR head Nadia Khan, tax head Richard Grimster and acquisitions lead Simon Blake are also part of the new governance board.

Price Bailey said the expanded board brings a wider range of skills and experience as the firm positions itself for the future.

Martin Clapson said: “As one of the largest remaining independent firms in the UK owned by the Partners, having a strong Governance Board who understand culture, technology, regulatory requirements and delivering fantastic outcomes for clients is critical.    

“The firm has a fantastic opportunity to combine this understanding to meet the challenges and opportunities of the future.

“Since the firm started in 1938, we helped clients navigate some of the biggest challenges in modern history; that gives us and our clients a context and calmness that seems very relevant today.” 

The firm has also acknowledged the contribution of Howard Sears, who has stepped down from the board after more than 20 years, including 12 years as chair.

Sears will continue at Price Bailey full-time as head of business advisory, leading that part of the business.

Chudasama has taken over the chair role from Sears.

Chudasama said: “The future of this firm is exciting. I am also very aware of history. Howard was an excellent Chair for many years, and alongside Martin, they oversaw major growth and change.

“Prior to Howard is a line of Chairs including the family link to Richard Price who connect the firm back through nearly 90 years of history.

“Understanding that history, what that means for clients who want to work with advisors that come from well-founded roots and then looking forward to the future is exciting.”