Meet the Team

Bruce Warman


Bruce’s career has been primarily in the motor industry where he was the Finance Director and Managing Director of two motor components companies, an organisational development consultant working for General Motors in Detroit and Director of Personnel for Vauxhall Motors. He chaired the CBI Eastern Region and a number of CBI Policy Committees and sat on the ACAS Council. He currently part owns and is a Director of AutoXP, a motor industry service company, sits on the Employment Appeal Tribunal and is a member of the Senior Salaries Review Body, proposing pay levels at the top level in the public sector. He has a BSc in Biochemistry, an MBA from London Business School, is qualified accountant and also a qualified business coach. He has particular skill in creating maximum value at minimum cost in organisations.

Bruce has been a Board Member since November 2013 and became Chairman on 5 March 2015.

Cebr is special - its analysis work is thorough and insightful but most importantly it takes a view and provides clear strategic guidance to its clients. It doesn't sit on the fence.

Martin Piers

Board Member and Deputy Chairman

A former partner of global law firm Jones Day and its European Head of Employment, Martin acted for CEBR as one of his then clients.

He later joined legal recruitment firm Hudson in-house and said: “I was highly impressed by Cebr’s professionalism and integrity so I was delighted to become a non-executive director and bring my experience and legal perspective to the board.

"I have watched Cebr continue to develop impressively both domestically and internationally.”

John Duff

Board member-responsible for Finance and Strategy advice

John spent the majority of his career before Cebr working for IBM in the UK and internationally in corporate finance, planning and logistics before being appointed IBM UK board director responsible for business planning.

He moved to international roles including being part of the executive team that introduced the IBM PC to the European market. He subsequently held senior positions in IBM’s European Government Industry and then European PC businesses.

John has been a non executive member of Cebr’s board since 2002 and Chairman from 2003 to 2013. He is now responsible for advising the company on matters relating to Finance and Strategy.

Apart from enjoying the challenges and dynamics of a growing organisation he believes strongly in the value Cebr brings to a wide range of enterprises.

“Cebr provides incisive business advice firmly based on top class economic and numeric analysis”

Dr. Sin C. Chai

Board Member

Sin Chai is a qualified medical doctor who has been responsible for his family’s businesses in farming, real estate, and hotels.

On account of his training as a physician and having been involved in diverse businesses, Sin is particularly suited to analyzing and solving complex problems, especially ones that transcend cultural and social divides.

Being Malaysian and living in Scotland, Sin brings to Cebr perspectives from those two regions which are current and insightful.

Sin is currently Chairman of Inverlochy Castle Management International (ICMI), a hospitality management company.

"Cebr has the breadth and depth of talent to analyse today's rapidly changing world."

Mike McWilliams

Board Member

Mike is a Chartered Engineer in the power sector, specialising in commercial aspects of private power and project risk management.

He is currently Head of Hydropower for Mott MacDonald, a £1 billion global management, engineering and development consultancy. He has lived and worked extensively overseas, managing projects and regional offices in Africa and South East Asia, and visiting projects in more than 50 countries.


"I am particularly enthusiastic about Cebr's skills in translating complex and abstract economic concepts into useful tools for business management"

Kevin Mahoney

Board Member

Kevin is currently Executive Chairman of Green Biofuels plc. His career history includes MD positions with ISS (UK), Niceday, Caradon Everest and Mavinwood Plc. His early career was in sales and marketing with Rank Xerox UK and Rank Xerox International.

More recently he chaired the Carlisle Group before becoming Chairman of Impellam Plc – the £1.2 billion revenue recruitment and support services group, latterly becoming non-executive chair of its Audit Committee.

Kevin holds an MA in Philosophy, Politics and Economics from Oxford University.

"Customers keep telling me how Cebr's output helps give them a competitive edge"

Graham Brough

Chief Executive

Graham joined Cebr in 2010 as Managing Director and became Chief Executive in 2013.

He studied Philosophy, Politics and Economics at Oxford University and taught at Florence University before opting for an investigative and journalism career with the Yorkshire Post, Sunday Times, Mail on Sunday and Daily Mirror.

He became an international and war correspondent and specialised in human rights campaigns with Doreen Lawrence of the Stephen Lawrence Trust and Joanna Lumley on Gurkha immigration. He is a skilled communicator of complex ideas and a multi-linguist and has advised various Government departments since 1998. He helps distil and explain Cebr economics, maximising effect and resonance.

"Sometimes we're brainstorming solutions for a big name client and there's a genuine surge of innovative intellectual delight when we realise we've cracked it. Priceless."

Ianthe McWilliams

Executive Director

Ianthe joined Cebr after a career as a civil servant specialising in policy development and some project management.

She developed her skills first in the Employment Department, on policies to help unemployed people, including a spell overseeing the UK’s receipts from the European Social Fund.

After that, in the Department for Education, she was closely involved in policies to train and develop teachers and support staff.

Now a director of Cebr, Ianthe contributes to Cebr’s leadership team and is responsible for human resource policy, and also advises on some public sector clients and projects.

" I am very impressed with the hard work and professionalism of the Cebr team, and not surprised that we inspire a constant stream of intelligent and keen job applicants. "

Oliver Hogan


Oliver leads Cebr’s microeconomics team and, since joining the company in 2009, has worked to enhance the modelling and analytical frameworks underlying Cebr’s economic impact assessments.

He has directed and delivered many such assessments for clients in a wide range of industries such as forestry, construction, housing, wind energy, gambling, travel and tourism, science and logistics.

Oliver is also responsible for much of Cebr’s public policy work on issues such as minimum pricing for alcohol, fuel duty, night-time parking charges in central London and the point-of-sale display ban and plain packaging policies for tobacco.

Oliver holds a BA (Mod) and M.Litt in economics from Trinity College Dublin.

"The main difference between my role at Cebr and previous roles is the variety of the issues we grapple with. This is what makes Cebr great."
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Scott Corfe

Associate Director

Scott leads Cebr’s macroeconomic research team and is responsible for overseeing the company’s award-winning forecasts in this area.

Scott also helps businesses use economic analysis to contribute to and influence government policy debates – recent examples include arguing the case against a minimum price for alcohol and against a 50% top rate of income tax. He has produced compelling analysis examining the negative economic impact of a mansion tax in the UK.

His economic commentary is widely quoted in the UK and international media.

After gaining a 1st class honours in Economics at the University of Cambridge, Scott worked in local government before joining Cebr.

"Cebr's analysis shapes public opinion. It's great to see our research informing and changing government policy debates."

Vicky Pryce

Chief Economic Advisor

Vicky was previously Senior Managing Director at FTI Consulting,(2010-2013), Director General for Economics at the Department for Business, Innovation and Skills (BIS)(2002-2010) and Joint Head of the UK Government Economic Service . Before that she was Partner at London Economics and Partner and Chief Economist at KPMG after holding senior economic positions in banking and the oil sector.

At various stages in her career she has held a number of academic posts, including Visiting Professorships at Queen Mary, University of London, Imperial College Business School and Cass Business School. She has also served on the Council of the Royal Economic Society, as Visiting Fellow at Nuffield College, Oxford , on the Council of the University of Kent and on the Court of the London School of Economics. She was also a trustee of the RSA. She is currently a Fellow of the Society of Business Economists, an Academician of the Academy of Social Sciences, on the Council of the Institute for Fiscal Studies, on BIS’ Panel for Monitoring the Economy, on the City AM’s shadow monetary policy committee and on the Advisory Board of the central banking think-tank OMFIF. She also co-founded GoodCorporation, a company set up to promote corporate social responsibility and in 2010-11 became the first female Master for the Worshipful Company of Management Consultants in the City of London.

"Delighted to be working with such an enthusiastic and brilliant set of people, whose research findings seem to be quoted more widely than any other consultancy I have ever known."

Vandana Patel

Managing Economist

Vandana is a Managing Economist in the Macroeconomics team at Cebr, responsible for formulating solutions driven research for a diverse range of clients, in addition to providing bespoke economic analysis for each unique client requirement.

Vandana has gained extensive macroeconomics consultancy experience across both the public and private sector. Prior to joining Cebr, she authored a range of UK and global publications focused on inflation and credit at a consultancy, Economic Perspectives, whilst also providing bespoke economic insight, macroeconomic briefings and thematic research to support investment decisions for an asset management company. Prior to this, Vandana worked as a Senior Economist at Experian, undertaking economic consultancy, strategy and policy development primarily with public sector clients. Vandana has also worked for the Government Economic Service, across a variety of departments including HM Treasury, Department for Work and Pensions and the Health and Safety Executive.

Vandana holds an MSc in Economics from the University of Leicester, a postgraduate degree from University of London-Birkbeck College and a Bsc (Hons) from Brunel University.

“Cebr offers a refreshing approach that encourages an abundance of insightful economic analysis – which I am fortunate to develop with a group of intellectual and enthusiastic minds.”

Rob Harbron

Managing Economist

Macroeconomist and econometrician Rob Harbron focuses on the UK economy, specialising in regional outlooks and the prospects for consumers and households.

Rob leads the analysis on two regular major Cebr reports on UK households. He authors the Asda Income Tracker, which monitors changes in household spending power, and the VocaLink Take Home Pay Index, which tracks real-time changes in disposable income pay in the UK. Rob is also the lead author on Cebr’s bi-annual report on London, City and Regional Prospects and undertakes detailed regional analysis for the ICAEW Grant Thornton Business Confidence Monitor and the FSB Small Business Index.

Before joining Cebr, Rob used his econometrics to analyse the effectiveness of marketing campaigns acting a consultant to big name grocers, retailers and fast-moving consumer goods companies. Rob holds an MSc in Economics and Econometrics from the University of Bristol and a BSc in Economics and Mathematics from the University of Reading.

"The range and breadth of the work that we do at Cebr is outstanding"

Colm Sheehy

Senior Economist

Colm is a senior economist with a particular research focus in energy, technology and public policy.

As a member of Cebr’s microeconomics team, Colm leads research projects for such high-profile clients as Royal Mail, O2, UK Broadband, Post Office, General Motors, Renewables UK and the National Housing Federation. His research has featured in the UK and international press including the Financial Times, Bloomberg, Wall Street Journal, Forbes, the Guardian, The Times and others.

Some of his recent research include estimating the potential future economic of a tidal lagoon power industry to the UK, the economic contribution of standards to the UK economy for BSI, and estimating the size of the last time buyers’ market for Legal & General. Colm was lead author of the recent Future Spaces Foundation publication ‘Vital Cities not Garden Cities’ where he also contributed as a panel member.

Previous to Cebr, Colm worked as a consultant at Volterra Partners. Colm has an MSc Economics and BA Economics and Sociology from the University of Dublin, Trinity College.

“Cebr has a proudly collaborative culture which we apply when working with our clients”

Osman Ismail

Senior Economist

Osman is a Senior Economist and deputy head of Cebr’s Microeconomics department, with particular expertise in economic impact assessments. Since joining Cebr in January 2012, he has applied Cebr’s impacts framework in a wide variety of domains, establishing innovative techniques for the economic assessment of various technologies, investments and policies.

He has provided bespoke research and advice to clients such as Mainstream Renewable Power, the Solar Trade Association, British Gas, Arts Council England, Hay Group, RSA, DLA Piper, ICAEW, Canary Wharf Group and SAS. He also contributes to Cebr’s quarterly global macroeconomics outlook, with a focus on emerging markets.

Osman is a graduate of the London School of Economics, where he read Government and Economics before working in the voluntary sector.

"Cebr's culture of inquiry and innovation leads to highly diverse and interesting work."

Danae Kyriakopoulou

Senior Economist

Danae is a macroeconomist who specialises in monetary economics and international finance. She leads Cebr’s global economic forecasting team and is the editor of our quarterly Global Prospects report, which forecasts the economic outlook for the global economy. She also leads Cebr’s original quarterly research on economic developments in the regions of Greater China and Sub-Saharan Africa and authors the corresponding Economic Insight reports for the Institute of Chartered Accountants in England and Wales for those regions.

Her recent bespoke research projects include Cebr’s research on the UK’s High Growth Small Businesses for Octopus Investments and Cebr’s “China Invests West” report for Pinsent Masons, a highly acclaimed piece of research that was widely covered in the UK and international media.

Danae read Philosophy, Politics, and Economics (PPE) at Brasenose College Oxford and completed the MSc in Economics for Development at the Oxford Department for International Development. She speaks English, German, Greek, and Spanish.

“Cebr provides the ideal working environment for anyone passionate about economics and curious to explore the nuances behind its application to policy and strategy decisions"
Laura (1)
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Laura Holdgate

Senior Economist

Laura is a senior economist on the microeconomics team. Currently, she contributes to Cebr’s economic impact assessment work across a range of sectors using her quantitative and qualitative analytical research skills.

Before joining Cebr Laura worked as an Economic Advisor for Ofcom, where she contributed to a wide range of projects across the sectors Ofcom regulates, including quantifying the European Parliament’s removal of roaming charges, measuring postal efficiency and Competition Act cases.

Prior to her role at Ofcom, Laura worked in Investor Relations at Capita plc dealing with a range of clients from the energy sector. Laura graduated with a BSc Economics and Finance from the University of Southampton in 2009

"Cebr’s diverse range of clients means there are always challenging new economic issues to consider"

Alicia Higson

Senior Economist

Alicia is a Senior Economist in the Microeconomics Team. Alicia applies her knowledge of input-output tables and energy modelling to design new tools to carry out bespoke impact assessments. Previously Alicia worked in the International Macroeconomic Modelling Team at Cambridge Econometrics where she operated a macro-econometric model.

Alicia received her BA in Politics, Philosophy and Economics from the University of Manchester. Her dissertation was on the varying impact of poor mental health on job absenteeism rates across industries and sectors. She later completed an MSc at The University of Nottingham in Applied Economics.

“Enthused to discover there is a multitude of projects to which my team and I can apply our economic toolkit and enhance our skills”.
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Julia Heilig

Senior Economist

Julia is a Senior Economist at Cebr, currently working in the Macroeconomics team. She came from Oxford Economics (OE), where she developed city-specific socio-economic indicators for their worldwide city database, particularly for the most “data-challenging” cities in Africa. Her talent for tracking down “hard-to-find” data and her ability to assess their validity and prepare sensible forecasts was soon recognized and she became involved in various OE consulting projects.

After gaining a first class honours in Management (BSc) at the University of Stirling, Julia moved to the University of York where she completed her studies, gaining a merit in Economics (MSc). Her interest in economics was triggered by her experience during several internships at the International Institute for Applied Systems Analysis.


“Working at Cebr is a great opportunity to broaden and deepen my economic expertise. Nothing is more important for a young professional than to feel that your colleagues and supervisors have complete confidence that ‘you can do it’.”

Alasdair Cavalla


Alasdair works on the macro team forecasting, modelling and providing commentary on recent economic events. He has keen interest in international macroeconomics and economic history. Recent research includes the economic benefits of European Union membership for the UK.

Alasdair studied Economics and Management at New College, Oxford before moving to SOAS, London to take the MSc in Economics with reference to South Asia, where he focused on Indian industrial policy and especially the IT industry. Since leaving university, he worked for a year at London Economics consultancy, gaining experience of areas including European policy and behavioural economics.

"It’s great to be around so many inquiring minds."

Matthew Bourke Costello


Matthew joined Cebr after working in property investment and banking. He brings a global perspective, having worked in East Asia and Latin America. He graduated with a BA in Economic and Social Studies from the University of Manchester and is a part-qualified Chartered Financial Analyst.

His work for Cebr so far includes assessments of the impact of Chinese trade on the Scottish economy. His previous experience is diverse. His micro work includes analysis of property investments and the beverage industry. Macro projects include examining the effect of commodities on international conflicts and forecasting Mongolian growth.

“If I don’t know something, you can bet that somebody here does, and will be happy to share their expertise.”

Sam Alderson


As an economist on the macroeconomics team, Sam contributes to the reporting and analysis of macroeconomic indicators and events as part of the Cebr Prospects Services. He also works on a variety of regional economic impact studies.

Sam studied Economics at Gonville & Caius College, Cambridge, where he produced research which focused on the relationship between monetary policy and commodity prices.

"Working on such a wide range of projects gives you fresh perspectives on economic conditions and the impact of the policies shaping the economy."

Shruti Uppala


Shruti is an economist on the Microeconomics team. Using her experience in econometrics, quantitative and qualitative research, Shruti contributes to Cebr’s economic impact assessment work across a variety of sectors.

Shruti studied Economics at Durham University before moving to UCL to take an MSc in Economics, where she focused on microeconomics, and applied micro econometric techniques to analyse the dynamics of the female wage distribution in the US.

Shruti speaks Hindi, Telugu and Marathi.

“At Cebr I have the chance to work with some of the brightest minds in economics, driving insight and research around some of the most important and up-to-date topics – an economists’ dream”
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Nina Skero


As a part of Cebr’s macroeconomics team, Nina participates in the analysis of a wide range of macroeconomic events and indicators. She leads the UK housing market forecasts and authors Cebr’s quarterly Housing Prospects report. She also analyses economic developments in the Middle East and authors the quarterly Economic Insight: Middle East report for the Institute of Chartered Accountants in England and Wales (ICAEW).

Her recent bespoke research spans a variety of sectors including a report for Grant Thornton on the economic impact of medium-sized businesses and research on mortgage affordability for Barclays.

After earning her IB diploma from the International School of Belgrade in Serbia, Nina continued her studies in the US. She graduated summa cum laude from Babson College with a double concentration in Economics and Global Business Management. Nina also studied at the London School of Economics in the MSc Political Economy of Europe programme.

“It is intellectually stimulating to work on so many economic issues with an incredibly bright and supportive group of people.”
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Rajini Jayasuiriya


As an economist on the microeconomics team, Rajini uses her econometric and research experience to contribute to Cebr’s economic impact assessment work across a variety of sectors. She has a keen interest in the relationship between the economy and public policy. Recent research includes economic impact evaluation analysis and macroeconomic analysis on the future trends of consumer spending.

Rajini studied Economics (BSc) at the University of Southampton before moving to the University of Warwick to undertake an MSc in Economics and International Financial Economics, where she applied econometric techniques to produce research which focused on the relationship between fiscal policy and asset prices.

“Cebr offers the opportunity to work alongside economists with a wealth of expertise on a wide variety of projects, producing research that has the power to shape opinion.”

Eva Charalambous

Press Officer

Eva is the main point of contact for the media and handles all matters relating to the press. She also works alongside senior economists and the Chief Executive in developing Cebr’s long term media engagement strategy. Her duties include updating Cebr’s website and Twitter/LinkedIn pages.

She holds a degree in Russian Studies (BA) from University College London, for which she specialised in Russian Language, Literature and Culture. Eva is currently undertaking a part time Master’s degree in Comparative Literary Studies at Goldsmiths, University of London, as well as working as press officer at Cebr.

“Cebr’s research is always topical and engaging so it’s hardly surprising that we are the go to economics consultancy for many of the UK’s leading media outlets”

Sarah Conkay

Finance and Office Manager

Sarah has helped run the business side of Cebr since 2008 looking after the company’s finances and all administration tasks, including supporting the directors and economists to ensure a smooth-running office.

She previously held finance or PA roles with Avanti Screenmedia Group Plc, Industry Architecture and Design Ltd and Allsopp & Co. Accountants.

She was educated in commerce, accounting and office management in Leicestershire.

"There's never a dull moment with all these bright sparks around!"