KPMG appoints Daniel Knoll as Financial Services head

KPMG is pleased to announce the appointment of Daniel Knoll as National Industry Leader for Financial Services (FS).

Daniel, who was previously head of FS Management Consulting, now assumes overall responsibility for KPMG's banking, insurance, wealth management, superannuation, real estate and private equity advisory practices.

A hands-on leader, Daniel has helped KPMG's clients capitalise on the disruptive changes in the Financial Services market. He is an expert in the delivery of large-scale transformation projects, business strategy, distribution strategy, market entry, digital disruption, product design and development, merger integration and business performance improvement.

Daniel draws on a deep history in international finance. Before joining KPMG, he led Barclays Group's Retail and Business Banking businesses in Western Europe, and Citigroup's Retail Distribution functions across Europe, the Middle East and Africa.

Daniel said: "The Financial Services industry is undergoing a huge amount of change and transformation. As a firm we recognise that our clients are constantly looking for more from us, particularly when it comes to innovation, technology and risk management. I will strive to ensure that KPMG continues to collaborate with our clients to find the right solutions to help achieve sustainable growth, in an environment where all parts of the industry face profitability challenges and higher regulatory costs."

"The FS industry has been a key contributor to KPMG's own strong performance - supporting our clients post-Royal Commission to enhance their risk and compliance processes and remediate customers quickly and accurately. Last year we launched a remediation centre at Rhodes in Western Sydney to provide an efficient, high-quality service to help FS institutions in this respect.

"As a former buyer of consulting services, I understand the value of bringing diversity to engagements, with a combination of deep industry experience and technical consulting expertise. We must build on our existing strengths to help our clients in a challenging economic environment."

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