Warren has extensive financial services experience, including 15 years in KPMG’s transactions services, where he advised on some of the largest transactions in the banking industry.
KPMG is pleased to announce the appointment of Warren Mead as the head of challenger banking and alternative finance at KPMG. This is a new role reflecting the need to have a specialist practice group to address this rapidly growing area of the market.
Warren has extensive financial services experience, including 15 years in KPMG’s transactions services, where he advised on some of the largest transactions in the banking industry. This experience will enable him to lead this group, which aims to help challenger banks as well as non-core players entering the sector, such as crowd-funding and peer-to-peer lending firms, achieve their goals in today’s increasingly challenging banking landscape.
“We recognise that the world of banking is changing as a result of the wave of the regulatory, economic and political changes that is taking place. There are vast opportunities for challenger banks as well as non-core players entering the financial services sector, but there are equally tough challenges ahead."
“By bringing our expertise across areas such as financial services, technology, digital and analytics, we can help these firms stay ahead of the curve and distinguish themselves in an increasingly competitive landscape.”
“What we are seeing is only the tip of the iceberg - we’re increasingly seeing non-core players in areas such as peer-to-peer lending service with the potential to shake-up the market. Warren’s appointment marks an important step for us in helping our clients adapt to this new marketplace.”
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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.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.