RSM, the seventh largest global network of independent audit, tax and advisory firms, has appointed Anand Selvarajan as its new European Regional Leader, replacing Robert Coles, who has held the position since June 2010.

Anand will work with member firms as they implement RSM strategies and programmes, focused on developing member firm growth and increasing our cross-border activities. He will also concentrate on professional and leadership development, helping European member firms to fulfil the needs of their clients who require cross-border services within and beyond the region. He will work alongside the European Leadership Team and the European Regional Council, and report directly to Jean Stephens, CEO of RSM.

Anand brings a range of expertise to the role having started his career in foreign affairs, before moving to senior positions for Lloyd’s of London, Merrill Lynch and RBS, covering European and emerging markets.

Jean Stephens commented: “We are delighted to welcome Anand as our European Regional Leader at a time when RSM in Europe is experiencing growth. In 2014 we saw a record fee income increase of 79% in Europe, coupled with the addition of two member firms in Estonia and the UK, and particularly strong fee growth in Finland, Greece, and Switzerland. Anand will be focused on leading the region as it grows in line with the network’s global strategy.”

Anand Selvarajan said: “RSM’s presence in the European region is thriving with representation in 40 countries and almost 8,200 employees. I am looking forward to leveraging my experience as I work with member firms to seize the many opportunities that the market presents at this exciting time. My commitment is to ensure that everything we do will have the client at the centre.”

Former Head of Market Strategy and Client Solutions for Corporate and Institutional Banking at RBS, Anand was responsible for developing holistic product and service propositions for sectors including professional services, and developed strategy and client propositions to help mid-market companies grow domestically and internationally.