KPMG has appointed Daniel Knoll as national industry leader for financial services, assuming responsibility of the company’s banking, insurance, wealth management, superannuation, real estate and private equity advisory practices.
He was previously head of KPMG’s financial services management consulting practice, and before that led Barclays Group’s retail and business banking in Western Europe.
Knoll had also led Citigroup’s retail distribution functions across Europe, the Middle East and Africa.
He was an expert in the delivery of large-scale transformation projects, business strategy, market entry, digital disruption, product design and development, merger integration, and business performance improvement.
Knoll said the industry was undergoing significant transformation and that clients were looking more from them in terms of innovation, technology and risk management.
“I will strive to ensure that KPMG continues to collaborate with our clients to find the right solutions to help achieve sustainable growth, in an environment where all parts of the industry face profitability challenges and higher regulatory costs,” Knoll said.
“The FS industry has been a key contributor to KPMG’s own strong performance - supporting our clients post-Royal Commission to enhance their risk and compliance processes and remediate customers quickly and accurately.”