14 August 2007
White Young Green, consultant to the built, natural and social environment, is pleased to announce that Management Consultants Group Limited a specialist consultancy in international public financial management has joined the WYG Group.
Management Consultants Group Limited's wholly-owned sole subsidiary, International Management Consultants Limited (IMCL) provides financial management consultancy services outside the UK to governments and public bodies in third world and transitional countries.
With an increasing focus on how public funds are distributed by governments in developing and transitional countries, IMCL are engaged to ensure that effective and transparent full financial management and good governance practice is fully implemented. Their client list includes the UK Department for International Development, the World Bank, the United Nations Development Programme and the Asian Development Bank.
IMCL, who operate from Andover in Hampshire with project offices in Nairobi and Albania, have 9 staff and a turnover of around £1.7million. Some recent projects include an advisory contract with the Maldives Ministry of Finance and Treasury to strengthen the public accounting system worth nearly 1million and managed through the World Bank, a project to support the reform of public financial controls in Moldova worth over $1 million funded by the World Bank and a financial management improvement programme in Papua New Guinea worth over $8 million funded by the Asian Development Bank.
IMCL Directors joining WYG are Dr Michael Parry, Stewart Maugham, Christopher Willford and Guy Anderson.
Lawrie Haynes, Chief Executive said: "We are delighted to welcome IMCL into the WYG Group. They bring a depth and range of complementary public financial management skills and experience into WYG International which already is over 250 staff strong. The International business is a rapidly expanding area for WYG with increasing global focus on world class corporate and financial governance systems and processes."
IMCL Chairman Michael Parry said "We are very pleased to be joining WYG. We believe that IMCL's specialist expertise combined with the resources and backing of WYG International will provide very significant opportunities for growth. In particular this acquisition means WYG International are strategically placed to meet the increasing focus by international donors and for new EU accession states on establishing sound governance and public financial management."