The pathway
How you actually get there, here
How you become one varies far more by country than what one does. This is the UK route. Most people take one of these ways in; the right one depends on where you're starting from.
- 1
Internal Promotion from Business Development Manager (L4)
3-5 years as an L4Skills to master
- Leading multiple complex deals independently, demonstrating strong team leadership potential, consistently exceeding deal targets, and building a robust internal and external network.
You're ready to move on when
- Successfully closed several high-impact deals as an L4.
- Consistently received positive feedback on stakeholder management and negotiation skills.
- Demonstrated ability to mentor and guide junior team members effectively.
- Proactively identified and pursued strategic opportunities beyond assigned tasks.
- 2
External Hire from Investment Banking / Private Equity
Typically 10-15 years in banking/PE roles (e.g., VP/Director level)Skills to master
- Adapting to an in-house corporate strategy perspective (less transactional, more long-term), building internal consensus, and getting comfortable with operational integration challenges post-deal.
You're ready to move on when
- Proven track record of leading deal execution in a client-facing M&A advisory or principal investing role.
- Strong financial modelling and valuation expertise.
- Experience managing junior banking/PE teams.
- Demonstrated ability to build and maintain senior client relationships.
- 3
External Hire from Corporate Strategy / Consulting
Typically 10-15 years in strategic consulting (e.g., Engagement Manager/Associate Partner) or another corporate strategy function.Skills to master
- Translating strategic recommendations into actionable deal execution, developing a deeper understanding of deal mechanics and financial structuring, and navigating the nuances of external negotiations.
You're ready to move on when
- Extensive experience in developing and implementing corporate growth strategies.
- Strong analytical and problem-solving skills applied to real-world business challenges.
- Experience leading project teams and managing senior client relationships.
- Exposure to M&A or partnership strategy within previous roles.


