KPMG International today announced that Richard Threlfall will succeed James Stewart as Global Head of Infrastructure, effective 1 January 2018
KPMG International today announced that Richard Threlfall will succeed James Stewart as Global Head of Infrastructure, effective 1 January 2018. Richard will be supported by Stephen Beatty, who is appointed as Non-Executive Chair of the practice, and Julian Vella, the current head of the Infrastructure practice in Asia Pacific. James Stewart has moved into a new role as Vice Chair of KPMG in the UK.
Previously, Richard served as Global Head of Public Transport and Head of Infrastructure, Building and Construction at KPMG in the UK and Stephen led the Infrastructure practice for the Americas region and the Indian firm. Stephen will also continue to serve as the Global Chair for the KPMG Cities Center of Excellence.
“With their combined global knowledge of the sector, Richard Threlfall, Stephen Beatty and Julian Vella have the experience and credentials to lead KPMG member firms into a new era of addressing clients' needs,” said Gary Reader, Global Head of Clients and Markets at KPMG International. “These appointments signal KPMG's continued commitment to leading in the global infrastructure market.”
“I have really big ambitions for our global infrastructure business,” said Threlfall. “Infrastructure is a $3 trillion market, growing at pace and facing a huge technological opportunity. Infrastructure affects the lives of everyone, everywhere, and I am looking forward to leading a team that works with clients to make a real and lasting impact on society.”
Beatty added, “As we develop our business we will continue to be focused on helping clients capitalize on innovation and global best practices to make the most of these new opportunities.”
Richard Threlfall has more than 20 years' experience in infrastructure policy, strategy and financing. Before joining KPMG, Richard was at Citigroup, and prior to that was employed as a civil servant at the UK Department for Transport where he held positions in the road, rail and aviation directorates. Between 1996 and 1998 he was Private Secretary to the Secretary of State for Transport and the Deputy Prime Minister.
Stephen Beatty has more than 30 years' experience in KPMG in Canada's Infrastructure practice and previously headed the Infrastructure Advisory practice at KPMG in Canada. Beatty has led infrastructure projects on five continents.
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