In conversation with Pamela Gillies

Jun 02, 2020
Pamela Gillies shares her thoughts on the future of the profession, wealth distribution and the therapeutic art of mowing the lawn.

What do you most enjoy about your role at BDO?

I started my career in BDO Northern Ireland 23 years ago, and today, I am a Director within the Advisory team in the Belfast Office. Depending on the cycle the broader business environment is going through, I see my role as either helping my clients’ businesses to grow or helping them navigate challenging commercial and financial situations. Being able to help and guide my clients gives me enormous satisfaction.

What is your professional highlight thus far?

One of my earliest career highlights was the sense of achievement when we completed the first M&A transaction I managed. Other highlights range from successfully securing new funding for my clients to helping clients develop their strategic plans and returning to see that they have been successful in achieving their targets. The aftermath of the financial crisis was an interesting period in my career when our team was managing around 200 jobs covering insolvency and land/property receiverships. I worked on several high-profile cases at that time and enjoyed the challenge of managing complex transactions and working to save as many jobs as possible, while maximising the return to creditors – often a delicate balance.

How will the profession change in the next ten years?

Like all professions, we must evolve with the times. Our clients are becoming much more innovative and we are no different; going forward, we will all need to be adaptable and more agile in the services we provide and how we support them. While the majority of our clients are Northern Ireland-based, we see an increasing number with global reach, and we need to be equipped to support this with a broader knowledge of the global marketplace. As a profession, integrity must be the absolute cornerstone upon which our work is based and as such, I expect to see more advanced regulations, standards, and change for the better in the years ahead.

What is the most memorable lesson you have learned?

Patience is a virtue. When I was younger, I was probably quicker to react to situations than I am now. This usually came as a result of trying to impress someone with my speed of action and the desire to move onto the next task. I have since learned to take in all the facts, to listen, and to assess all of the information calmly and thoroughly before deciding on the best course of action.

What do we most need in this world?

We need a more balanced and sustainable approach to the generation and distribution of wealth. As we have, once again, seen over the last 12 weeks, we are all collectively facing unprecedented challenges. The statistics show, yet again, that it is the poorest who are suffering most. The 26 wealthiest people in the world control the same level of wealth as the four billion poorest. There must be a more equitable solution so that everyone can benefit from wealth creation but, importantly, that the creators of wealth are not penalised in doing so.   

How do you recharge?

I get my energy from staying busy. I like to be ‘on the go’ both during the working week and as a family at weekends. I am not the sort of person who likes to sit down a lot. A perfect Saturday is mini rugby with the boys in the morning, a walk up the Cavehill in the afternoon, followed by a great meal (prepared by my husband) around the kitchen table with the kids. My guilty pleasure is cutting the grass – one day I am going to write a book entitled ‘Zen and The Art of Mowing the Lawn.’