KPMG is pleased to announce the appointment of Mike Walters as head of its financial risk management group. Mike joins from Barclays where he was global head of compliance. Heading up a team of over 500 people, Mike will focus on KPMG’s key banking, insurance and asset management relationships.
Bill Michael, EMA head of financial services at KPMG, commented: “Mike is a great hire for our financial services business and we are delighted to welcome him to KPMG. With very relevant industry and consulting experience, Mike will be able to offer valuable insights and advice to our clients.”
Mike Walters commented: “KPMG’s financial services practice has a great name in the market and I am excited to now lead the financial risk management team.
“Financial institutions remain under pressure as regulatory and public scrutiny continues. A key challenge for the industry is to move on from legacy issues and to safeguard against future issues that could further erode trust in the sector and prevent the real economy growing. Increased and constructive dialogue between regulators and businesses is essential for this to happen, which is something I hope to encourage in my new role.”
Notes to editors:
Summary of Mike Walters’ experience:
2012 Head of Conduct Risk programme, Barclays
2006-2012 Global head of compliance, Barclays
2003-2006 Financial services partner, Deloitte
1996-2003 Manager through to partner, Andersen (admitted to partnership in 2000).
1989-1996 Trainee accountant through to Manager, Binder Hamlyn (qualified as a Chartered Accountant in 1993).
For further information please contact
Monica Fiumara, Senior PR Manager, KPMG
Tel: +44 (0)20 7694 5674
Mobile: +44 (0)7901 105180
KPMG Press Office: 020 7694 8773
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with approximately 11,500 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2013. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 155,000 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. Each KPMG firm is a legally distinct and separate entity and describes itself as such.