Promontory Financial adds managing director with ACCC, ASIC experience

Peter Kell
PETER KELL
Promontory Australasia (Sydney) Pty Ltd - Managing Director
APPOINTMENT
PROMONTORY AUSTRALASIA (SYDNEY) PTY LTD
Date: January 2020
Position: Managing Director

Former ASIC deputy chair Peter Kell has joined Promontory Financial Group, an IBM Company, in the role of managing director.

Of the appointment, Promontory Australia head Jeff Carmichael said, "Peter brings a deep knowledge of financial services and regulation to the Promontory team. He has extensive experience in dealing with all aspects of financial services and markets regulation and risk management."

Before joining ASIC, Kell was the deputy chair for the ACCC and chair of the International Consumer Protection Enforcement Network. He was also the CEO at CHOICE, the Australian Consumers' Association.

"I look forward to working with the highly skilled Promontory professionals in the Sydney office as we work with clients to address the increasingly complex challenges of financial markets," Kell said.

The Australian reports that Promontory will have an oversight role at Westpac and CBA.