Mills new head of infra & government at PwC

Ray Mills, a local government and social infrastructure specialist, has been promoted to head of infrastructure and government at PwC. The firm has announced a handful of other moves, including Stuart McKee as the new UK corporate finance leader.

As part of a number of new appointments at financial services advisory firm PwC in the UK, Ray Mills has assumed the role of head of infrastructure and government.

Mills, a PwC corporate finance partner, has spent time leading the firm’s local government and social infrastructure team, where he has focused on advising public and private sector clients on the financing, procurement, delivery and economic impact of projects and investment programmes in regeneration, housing, economic development and education.

Mills has specialised in the development of public-private partnerships (PPPs) in regeneration and was involved in the development of the Local Asset Backed Vehicle (LABV) approach to regeneration financing.

The move is part of a number announced by PwC effective from 1 July. Stuart McKee has become corporate finance leader in the UK, having previously been responsible for the M&A business within corporate finance; Neil Sutton, the outgoing UK leader, has become chairman of corporate finance; Sean Williams has become head of M&A; and Nick Atkinson, former head of European leveraged finance at Royal Bank of Canada, has joined as head of debt advisory.

Last week, global real estate services giant CBRE announced it had recruited Umer Ahmad from Barclays as as its new head of infrastructure focusing on financial advisory services. His appointment followed the firm’s hire of Sir Andrew Foster, deputy chairman of Royal Bank of Canada, as a strategic advisor on infrastructure.