Dr Kay Swinburne is due to join KPMG UK as Vice Chair of Financial Services.
Dr Kay Swinburne is due to join KPMG UK as Vice Chair of Financial Services from 1st July 2019.
In her new role, Swinburne will chair KPMG’s risk and regulatory insight centre (RRIC), which provides insights on risk and regulation. Kay will work closely with Karim Haji, the Head of Financial Services, advising his leadership team and supporting board and C-suite level client relationships.
Swinburne has represented Wales in the European Parliament for the last 10 years, during which time she served as Vice-Chair of the parliament’s influential Economics and Monetary Affairs Committee (ECON). She played a pivotal role in shaping EU and global financial services legislation, including setting up the EU supervisory bodies (ESAs, SSM, SRM), capital markets union (EMIR, MiFID II, Prospectus, CCP Recovery & Resolution), and the broader banking union files.
Bill Michael, Chairman of KPMG UK, said: “I’m delighted that Kay is joining KPMG at a critical time for our firm, our profession and for the United Kingdom. Her wealth of experience and knowledge will be invaluable to our clients, and Kay’s arrival underscores our commitment to attracting the very best talent from across the market.”
Karim Haji, Head of Financial Services, KPMG UK, said: “Kay brings a wealth of expertise to our firm, we are thrilled to welcome her. She has a unique blend of practical experience, both of working within financial services and in setting financial services legislation. The understanding, insights and challenge Kay can bring to our firm and clients is second to none. Kay’s appointment reflects the firm’s commitment to bringing the best talent to our clients.”
Commenting on her new role, Swinburne said: “The financial services regulatory insights centre has a great reputation for its ability to recognise and anticipate the changing nature of regulation. The future will not be about technical rules based regulation, but about demonstrating that a firm acts within the best interests of society, the environment and the economy. The team at KPMG recognises that the corporate world has to work harder to demonstrate its value and I am excited to be taking up a strategic role at the firm to help shape and define that value.”
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Simon Wilson, KPMG Corporate Communications
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About KPMG in the UK
KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 16,300 partners and staff. The UK firm recorded a revenue of £2.338 billion in the year ended 30 September 2018. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 154 countries and has 200,000 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.