Financial Services >> CEO Interviews >> April 9, 2001

Ian Buckley – Tenon Group Plc (tno.l)

IAN BUCKLEY is the Chief Executive of Tenon Group Plc. He started his professional career in 1972 with Peat Marwick & Mitchell & Co (now KPMG), where he gained extensive experience in both audit and investigatory work. In 1982, he joined Smith & Williamson and set up a corporate finance department specialising in the acquisition and disposal of privately owned businesses and in tax related ventures. In May 1985, he was appointed the first Group Managing Director of the firm and in 1993, Chief Executive and Deputy Chairman. During the period of his stewardship, Smith & Williamson developed into a broadly based multi-disciplinary business with its roots remaining in the accountancy profession and enjoyed unprecedented and consistent growth in profitability, notwithstanding the economic pressures of the early 1990s. In 1995, he left to become Managing Director of the investment management business of EFG Private Bank Limited and in January 1997, he was appointed Chief Executive of the Bank. He was responsible for growing the overall business organically and by acquisition. During this period the Bank acquired the largest independent offshore trust business in Jersey and a UK based personal financial management and remuneration advisory business. He resigned as Chief Executive and left in January 1998, but remained a Director of a number of subsidiary companies of the Group. Prior to becoming Chief Executive of Tenon Group Plc at the beginning of 2000, he carried out a number of strategic roles in accounting and private banking in addition to a portfolio of directorships. He remains a Non-Executive Director of Premier Asset Management Plc and Zotefoams Plc and is Deputy Chairman of the Council of King Edward VII Hospital, Midhurst. Profile
TWST: Start us off please with a quick review of Tenon's main aims and

business.

Mr. Buckley: Tenon raised GBP50 million of cash to enable it to acquire

accountancy businesses, initially to