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
Progression from Director, Corporate Development (Internal)
3-5 years as a DirectorSkills to master
- Deepen your strategic influence across multiple business units, consistently deliver on M&A targets, and build a strong succession pipeline within your team. You'll need to demonstrate enterprise-level thinking, not just divisional.
You're ready to move on when
- Successfully led and closed 5+ significant acquisitions.
- Consistently met or exceeded synergy targets for acquired entities.
- Developed and promoted at least two direct reports to senior manager or director level.
- Regularly presented to and influenced the Board on M&A matters.
- Demonstrated the ability to manage complex M&A portfolios across different strategic objectives.
- 2
External Hire from Investment Banking (MD/VP level)
Direct entry, 16-20 years total experienceSkills to master
- Transition from an advisory role to an operating role, focusing on internal stakeholder management and post-merger integration. You'll need to adapt to the slower pace of corporate decision-making compared to deal-driven banking.
You're ready to move on when
- Managed multiple client relationships and deal processes end-to-end.
- Proven track record of deal origination and execution in relevant sectors.
- Strong understanding of corporate strategy and operational realities beyond just transaction mechanics.
- Demonstrated ability to build and lead teams, not just deal teams.
- 3
External Hire from Private Equity (Principal/Partner level)
Direct entry, 16-20 years total experienceSkills to master
- Shift from a pure investment and portfolio management mindset to aligning M&A with broader corporate strategic objectives. Focus on integrating acquired companies into a larger operating structure, rather than just optimising for exit.
You're ready to move on when
- Led investment processes from sourcing to exit, including portfolio company oversight.
- Deep experience in financial and operational due diligence.
- Proven ability to drive value creation post-acquisition.
- Strong network within the investment community.