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Baker & McKenzie has appointed former Allen & Overy finance director Ian Dinwiddie as its new global chief financial officer (CFO).
Dinwiddie succeeds Robert Spencer, who is retiring after more than 15 years in the role. During his tenure, the firm more than quadrupled its global fee income and profits.
As CFO, Dinwiddie will be responsible for developing and driving the strategic financial initiatives of Baker & McKenzie. He is due to start at the beginning of next year and will be based in London and Chicago.
Dinwiddie was finance director at A&O for 20 years until summer 2010, at which point he was made president of Thomson Reuters’ Hildebrandt Baker Robbins (HBR) consulting arm.
In May this year Thomson Reuters decided to divest HBR, which spurred Dinwiddie’s decision to leave the organisation.
“Out of the blue I was approached by Baker & McKenzie,” said Dinwiddie. “I hadn’t intended to move to another law firm.
“For my part, I’m really looking forward to it. I’ve been particularly struck by how friendly and welcoming everyone is. That’s not a given in lots of firms.”
He added that one of the appealing qualities of the firm is that its global footprint is strategically in the right places, such as China and Latin America.
One of Dinwiddie’s priorities in the role will be to oversee the implementation of new financial systems.
The news follows the arrival of Laurie Robertson as Baker & McKenzie’s global head of business development in January 2010. Robertson previously held the position at Clifford Chance for 10 years.