KPMG appoints National Industry Leader for Financial Services

KPMG has announced the appointment of Daniel Knoll as national industry leader for financial services (FS).

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

KPMG said that Knoll 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."

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.

Knoll said of his new role: "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."

He added: "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."