CompaniesApr 25 2014

Perspective director Keeling steps down

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Damian Keeling, managing director of Perspective, has stepped down from his role, FTAdviser understands.

This is the latest of high profile leavers at the advisory group consolidator. At the beginning of January, Phil Carr, Perspective’s finance director, and Peter Craddock, Perspective’s group operations director, both left their roles.

However, Mr Craddock remains in a consultancy role to ease the transition period to a new management team.

Around the same time, Perspective created a new advisory board made up of members of the wider national group to take the pressure off the main Perspective board in creating and implementing group strategy.

In October 2013, Perspective reported a pre-tax loss of £1.5m for the year ending 31 December 2012, despite significant increases in both revenue and earnings before interest, tax and amortisation.

At the time, Mr Keeling nsaid that the company expects to increase its rate of acquisition over the coming year.

Mr Keeling said: “As part of our growth strategy we have been looking at various funding strategies in recent months including the option of stock market flotation.”

This follows July’s announcement that it will float on the London Stock Exchange’s Alternative Investment Market, with the aim of raising £28m of capital.

However, in August it announced it was postponing this due to timing issues as there is currently much activity on the LSE and investors are being asked to commit to a raft of funds.

A Perspective spokesperson would not publicly confirm or deny Mr Keeling’s departure.