Mr. Ashton is a Senior Managing Director at FTI Consulting. He graduated in Economics with Accounting and Finance from the London School of Economics in 1970, joining Arthur Andersen in the same year and qualified as a Chartered Accountant in 1973. Mr. Ashton became a Partner in 1982. He retired from Arthur Andersen in June 2002, joining LECG, subsequently acquired by FTI Consulting, in September 2002.
Over the last 45 years, Mr. Ashton's responsibility has included both audit and financial consulting for a range of clients and industries including the construction, shipping, financial services, oil and gas and chemical industries. Over the last thirty years he has specialised in claims consulting, and developed Arthur Andersen’s UK Litigation Services Practice, encompassing Loss of Profit claims, Post-Acquisition Disputes, Fraud Investigations, Construction Claims, Intellectual Property Disputes, Professional Negligence Claims, Insurance Claims and Expert Determinations.
Mr. Ashton has been responsible for expert reports produced and evidence adduced in around 200 cases of litigation, arbitration and expert determination. Numerous cases have resulted in oral evidence being given (High Court, Arbitrations, Tax Commissioners, Iran-US Arbitration Tribunal and Expert Determinations). He is one of the leading experts active in commercial arbitration worldwide identified by The International Who’s Who of Commercial Arbitration 2011, through 2016.
Mr. Ashton has lectured extensively on a wide range of subjects. He is a fellow of the Chartered Institute of Arbitrators and a fellow of the Academy of Experts. Mr. Ashton is an accredited Expert Determiner under the requirement of the Academy of Experts. He was for several years a member of the executive committee and board of CEDR (the Centre for Effective Dispute Resolution).
He held a number of management positions in Arthur Andersen, including head of computer audit, and head of the UK consulting services practice. He has served as Chairman of Finance at Stanmore and Canons Park Synagogue, and was on the board of management for several years.
Mr. Ashton has been a member of the Regulatory Decisions Committee of the Financial Conduct Authority, and has been on the panel since November 2006, his term ending in March 2016. He has been an Acting Deputy Chairman since January 2015. He has sat on or determined over 200 RDC panel hearings regarding Warning and Decision Notices, encompassing oral and written presentations, across the whole range of financial services activities.
He has been the Leader of Harrow Council, and was a Councillor for the London Borough of Harrow from 1998, stepping down in 2010. His responsibilities included that of the finance portfolio. He sat on the Audit Committee for London Councils. He stood for Parliament in 2005, as a candidate for the constituency of Harrow East.
Accredited Expert Determiner
Institute of Chartered Accountants of England and Wales (ICAEW)
Fellow of the Institute of Arbitrators
Fellow of the Academy of Experts
Member of the Energy Institute
B.Sc., Economics with Accounting and Finance, London School of Economics
T: +44 20 3727 1027
M: +44 7710 899 615
London EC1A 4HD