AAB announces leadership transition on the island of Ireland

Leading professional services firm across Ireland and the UK, AAB, has announced a new Head of Office within its Island of Ireland operations. Teresa Campbell is set to step into the role as Head of Ireland, succeeding Feargal McCormack, from 1 October 2024.

Currently employing c. 1,000 people across 12 offices globally, AAB is ranked among the top 20 Accountancy Firms by Accountancy Daily. The announcement marks the next step in AAB’s ambitious growth plans, which are driven by a commitment to empowering people and enabling clients.

Feargal McCormack, who has been instrumental in establishing AAB’s high profile, presence and expansion on the Island of Ireland, following the merger with FPM in 2022, will transition into the role of Senior Partner and Head of Family Business across Ireland and UK.

Having founded FPM in 1991, Feargal’s tenure is marked by unparalleled client service, innovation, and impactful contributions to both the community and economy. His profound expertise in the complex dynamics of family business and succession have established him as a recognised authority on the subject, and a pillar of support for many of Ireland’s top family enterprises. This wealth of experience and deep understanding positions him ideally for this vital role at AAB.

“I am incredibly proud of the legacy we’ve built, and grateful for the unwavering dedication of our team. Handing over the reins to Teresa, a leader of such calibre, assures me that our team and clients are in exceptional hands.”

Teresa Campbell, who joined the firm in 2002, has spent over two decades demonstrating key leadership in Audit and Assurance, Business Advisory, and People Development. As the new Head of Ireland, Teresa will co-ordinate closely with the Heads of Offices across AAB to enhance our ability to provide innovative, integrated solutions tailored to the distinct needs of our local market and clients.

Teresa expressed her delight at stepping into this new role at such a pivotal time for AAB: “I am honoured to take up the mantle from Feargal, and guide the wonderful Island of Ireland team into our next chapter, as we continue to work together to go above and beyond, offering clients a bespoke suite of services that cater to their evolving needs.”

Chief Executive of AAB, Emma Lancaster, added: “This transition reflects AAB’s commitment to ensuring seamless leadership continuity. Feargal has been, and will continue to be an immensely influential, highly respected and hugely knowledgeable presence at AAB, both across the Island of Ireland, and England and Scotland. A visionary leader, Feargal has been instrumental in fostering the seamless merger of FPM and AAB, and I look forward to working with him in his new role.

“I would like to extend a warm welcome to Teresa Campbell as she takes up her new role. During her 20-year career at AAB Teresa has amply demonstrated the qualities of a fine leader who is ready to build on the tremendous reputation of AAB for driving business success, and realise our exciting ambitions for further growth.”

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