As Chief Financial Officer of AAB Group, Alan is a key member of the AAB Wealth Board. Find out more about Alan and his role below.
WHO I HELP
All divisions across the AAB Group.
HOW I HELP
Finance Function Leadership. Financial Reporting. Budgeting. Forecasting. Legal. Governance.
SUPPORTING THE WHOLE GROUP.
Alan Paterson is Chief Financial Officer and leads our Internal Finance team. His role is to support the financial wellbeing of the entire AAB Group.
Based in our Aberdeen office, Alan works extensively on providing all our financial data and management information for the day to day running of our business. Alan sits on the Board and is responsible for financial reporting, budgeting, forecasting and our financial strategy.
Alan also provides advice and support on legal and governance matters across the group.
EXTENSIVE COMMERCIAL EXPERIENCE
“I trained as an accountant but didn’t want to stay in practice, so I have spent many years in industry working for several different companies from SMEs to a PLC.
Those roles have meant that I’m used to working in a fast paced, results driven environment. My commercial experience has helped hugely with my role today to help AAB on its growth journey. Part of that has been around helping AAB to become more commercial and more structured as they grow.”
AN EXPERIENCED FINANCE TEAM
“I have a very experienced team around me to deliver what the business needs. Some are qualified accountants that have worked in practice and transferred into internal finance. As the business has grown and the demands around reporting and financial information have increased, we have expanded the team to meet those demands and will continue to do so.
I think it’s important as a team that we are agile, adaptive and have a hybrid mindset to the way we work. As the business has grown and continues to grow this will be critical to ensure we can continue to provide an exceptional finance function. I like to offer as much flexibility to the team as possible around their individual needs, so that we keep good people and give them the work life balance they want.”
A CORPORATE MINDSET
“I often bring a different, pragmatic, and commercial perspective to my role. Whether that’s impacting how meetings are run, bringing a more corporate perspective, focusing people on the things that really matter to assisting when difficult decisions are required.
I like working with a company where the numbers really mean something and where I can have an impact and in AAB this is the case. I approach everything with a corporate mindset, cut through the noise and I’m not afraid to tackle things head on to drive the business forward.”
PREPARING FOR THE FUTURE
“For me, hitting our targets and budgets is really important. I’m results driven and as the business grows that may become tougher, but I welcome the challenge. My role is to recognise those challenges early, analyse the root causes, help the divisional teams to understand them, articulate them to the Senior Management and the Board and plan on how we overcome them.
The future growth potential for AAB is amazing and I look forward to the future. I’m sure there will be a new dynamic and added pressure as the business continues to grow. Every day is different, the challenges may get bigger, but I’m more than ready for that. This is where my commercial experience of working in results driven and ever-changing environments will definitely help.”