Martin Collins joins KPMG as Director, in this new role he will be advising banks and trustees on managing pension liabilities in the banking sector.
Martin joins from Lloyds Banking Group where he spent five years managing funding, risk and investment strategy and reviewing pension governance. At Lloyds, Martin led a significant de-risking of the pension schemes to optimise the capital position of the Group.
Martin will work closely with KPMG’s Banking and Pensions teams, building on KPMG’s existing expertise in delivering cohesive pensions strategies for banks that bring together covenant, investment and funding advice.
Commenting on his appointment, Martin Collins, Pensions Director, Banking, KPMG said:
“Regulatory change has made pension liabilities a key part of a bank’s capital requirement. In my time with Lloyds, we demonstrated that bank pension schemes can adapt their strategies to achieve capital efficiency for the employer within the pensions regulatory framework. In my new role at KPMG I’ll be helping more banks align their pension strategy to their wider group objectives.
“KPMG has particularly strong covenant and change management offerings which are important for the banking sector. This and the quality of the existing bank relationships really attracted me to the role.”
Andrew Coles, Head of Pensions, KPMG added:
“Martin joins us with a wealth of experience and an ability to navigate the evolving regulatory environment in which banks are operating. His addition to the team helps us further bind our pensions, investment and covenant specialisms with our expertise in the banking sector to provide a truly integrated offering.
"Our team and clients will benefit enormously from his appointment. We're thrilled to welcome him to KPMG."
For further information please contact:
Christina Bridge, KPMG Corporate Communications
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