Bill Packman, formerly Chief Operating Officer at Nutmeg, has joined KPMG UK’s Wealth Management team.
Bill joins as a Partner having spent four years at Nutmeg as Chief Operating Officer (COO) and Head of Risk. During his time at Nutmeg Bill spearheaded the firm’s operational transformation including insourcing of the middle and back office functions to help grow the firm tenfold.
Formerly, Bill was Director of Strategic Reform at Australian bank Westpac, and additionally has held a number of senior roles at Barclays.
Bill’s appointment follows that of Abhijit Rawal who joined the team as Strategy Partner earlier this year and will further strengthen KPMG’s growing wealth and asset management team. He will work closely with Richard Clarke, Head of Wealth Management and Tim West, Head of Wealth and Asset Management Consulting to help firms with the transformational change that social, digital and regulatory changes demand.
Richard Clarke, Head of Wealth Management at KPMG comments on the appointment: “I am thrilled to welcome Bill to KPMG. Bill’s time at the forefront of the fintech revolution at Nutmeg, preceded by his time spent at established wealth managers and banks, means he has a comprehensive understanding of the challenges faced right across the investment ecosystem. His appointment will bolster our team and clients will benefit enormously from his insights and advice.”
Bill Packman, Partner, Wealth Management, KPMG UK, adds: “I’ve joined KPMG as I see a huge opportunity for consulting to shape the evolution of the wealth management industry over the next five years. Having previously worked with KPMG, I have seen at first-hand the depth and quality of its expertise. Combined with its extensive network this provides a powerful capability to help investment businesses develop competitive advantage through increased agility. I look forward to integrating my experience and knowledge with KPMG’s well established consultancy team.”
See more on the appointment of Abhijit Rawal here.
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KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 13,500 partners and staff. The UK firm recorded a revenue of £2.07 billion in the year ended 30 September 2016. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 152 countries and has 189,000 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.