Date Published: 6th May 2021
Leading insolvency specialist Begbies Traynor has promoted Joanne Hammond to partner. Based in the firm’s Sheffield office, she works across the Yorkshire region.
Jo has spent her entire career with the business. Having undertaken work experience in 2007 after leaving university, she went on to become a case administrator and then a case manager. Over the last 14 years, she has risen through the ranks, qualifying as a licensed insolvency practitioner in 2014.
Since becoming an insolvency director six years ago, Jo has handled numerous insolvency appointments, specialising in corporate cases. She has a strong track record in managing bank-led administrations as well as trading insolvencies and even football club administrations.
In her new role, Jo will continue to head the corporate case team in Sheffield, undertaking insolvency work across South Yorkshire and the East Midlands.
Kris Wigfield, managing partner at Begbies Traynor in Sheffield, said: “Over the last four years, our Sheffield office has seen significant growth – we have doubled both our case load and our team, and Jo has played a key role in this expansion.
“Having developed her career with the business, she has impressive technical knowledge and is adept at managing complex administrations, with particular expertise in handling bank-led work. It is really satisfying to see our ‘home-grown’ talent recognised and rewarded in this way, and a real credit to Jo to be promoted to partner.”
Jo comments: “It’s fantastic to be part of the continued growth of the Sheffield team, we now have six licensed IPs and are continuing to demonstrate our confidence in the city, taking on further office space at Westfield House. Having been able to develop my career with Begbies Traynor, it’s also pleasing to see a number of graduates coming on board as the company invests in the future.”
Julian Pitts, regional managing partner for Begbies Traynor in Yorkshire, added: “The Sheffield office has grown into a 45-strong team, incorporating experts from Begbies Traynor Group’s national property consultancy, Eddisons, and the BTG Advisory division. It’s vital that we continue to invest in our people and Jo’s promotion is well-deserved recognition of her hard work and skills.
“As the largest national independent rescue and recovery firm in the city, we are well-placed to support businesses and organisations in the coming months when the government’s support measures start to be withdrawn and they face some tough challenges.”
Begbies Traynor Group currently has nine offices and employs around 100 staff in Yorkshire, the Humber and the North East. It offers a full range of professional services including corporate recovery, business review and disposals, investigations and risk, forensic accounting advice, corporate finance, property, funding, debt collection and personal insolvency.
Kris joined The P&A Partnership in Sheffield in 2000 after completing a BA (Hons) degree in Business & Management. During his time there he was promoted to a position of Manager within the Administrations & Receiverships team and he also completed his ACCA qualification. In 2007, Kris left to set up his own brokerage called Finance7 Ltd which specialised in advising and raising finance for Directors that were going through the process of Pre-Pack Administration. Finance7 became market leaders in generating insolvency work through their website and therefore Kris also decided to sit his JIEB exams in 2011 which he passed successfully.
In 2012 Kris was approached by Wilson Field where he became their National Head of Sales, specialising in advising Companies that needed to raise finance or restructure through an insolvency mechanism. Kris was approached by Begbies to become Managing Partner of the Sheffield office and he commenced that role in September 2017.