Foster Denovo appoints Paul O’Leary as CFO

The Foster Denovo Group has appointed Paul O’Leary to the role of Chief Finance Officer, as it prepares the ground for the second phase of its five-year growth strategy.

Paul brings 30 years of experience across finance, planning, strategy and corporate development in the Financial Services sector. After spending the first part of his career at Barclays Bank in the retail financial services and wealth management businesses, Paul joined Rothschild & Co., where he was appointed as the Chief Financial Officer for Global Advisory, Rothschild’s market leading advisory investment banking business. Paul also operated as UK CFO for Rothschild’s UK based entities, including a number of regulated businesses.

This is a new position in the Foster Denovo senior leadership team, whereby Paul will play a pivotal role in helping to lead the next stage of the company’s accelerated growth strategy, building on the substantial foundations already laid in phase one. With the completion of 20 practice buy-outs since the Crestline funding in 2022 and five deals completed in the last 12 months, the firm is looking to accelerate growth as it reaches the midway point in executing its five-year strategy.

Roger Brosch, CEO of Foster Denovo, commented: “Paul brings a wealth of experience that will help us further grow our financial stability and health as we look to now build on the rock-solid foundations already laid in the initial stages of our five-year plan. We are entering a new stage of accelerated growth and having someone of Paul’s calibre and experience is going to be invaluable to realising our ambitions. I am delighted to welcome Paul to the ExCo and I am excited about what we’ll achieve together.”

Paul O’Leary added: “Foster Denovo has already achieved impressive growth since putting its five-year plan in place, including establishing its partnership with Crestline. The business is highly client-centric, with a collaborative working culture and there is a healthy pipeline of potential acquisitions currently under discussion, all of which position the business for continued significant expansion. It is an exciting time to join Roger and the team, and I greatly look forward to playing a part in Foster Denovo’s next phase of growth.”

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