KPMG has strengthened its Economics and Regulation advisory team with the appointment of two new directors to focus on the energy and utilities sector.
Both Duncan Michie and Adrian Leaker join KPMG from PricewaterhouseCoopers to focus on advising clients in the oil and gas, electricity and water sectors. Based primarily in London, they will take on a national and international portfolio to offer advice to governments, companies and regulators around all aspects of market reform and regulation. Their advice to companies will take on particular importance with Energy Market Reform legislation currently before Parliament and the proposed introduction of competition in the water sector.
Duncan joins KPMG with 20 years experience of economics and regulatory advisory engagements in the gas, electricity and water sectors. Before joining the team at KPMG, he worked at London Economics in the UK and Australia and Arthur Andersen. Until recently, Duncan led the utilities regulatory consulting team at PricewaterhouseCoopers.
With a career focusing on the energy sector, Adrian has been involved in shaping the changes that have transformed the energy markets in the UK and Europe over the past two decades. He has an in-depth understanding of the UK and European energy markets and how they impact businesses having worked for organisations including Woodmac, Centrex Energy (Austria), BG plc, Aquila Energy and PricewaterhouseCoopers. In the last six months he has focused on issues relating to Electricity Market Reform and he has undertaken a number of engagements for DECC to assess the impact of EMR on market participants.
David Thomas, global head of KPMG’s Economics and Regulation practice, says: “Duncan and Adrian bring a wealth of experience to our team in their own right and offer considerable strength in combination. Having worked with many household names across Europe and the UK in the past few years, their understanding of a rapidly changing sector will complement and enhance our ability to support clients as they grapple with regulatory strategy and compliance issues. Their appointment is also testament to our determination to invest in the best talent so that our clients and colleagues can benefit from first class knowledge, experience and advice.”
Mike Petrook, KPMG Press Office
020 7311 5271 (t), 07917 384 576 (m) or firstname.lastname@example.org
Notes to Editors:
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 12,000 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2012. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 156 countries and have 152,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.