Steve Payne named head of banking for KPMG

Steve Payne has been chosen to succeed Peter Rothwell as KPMG’s group head of banking. He’ll lead the agency’s banking practices within the UK and Switzerland from the beginning of October.

Payne commented, “My time at KPMG has to this point has been massively rewarding. We’ve put quite a bit of work into constructing our tech capabilities, forming helpful alliance companions and of course, attracting and supporting the perfect folks. It’ll be a privilege to proceed to construct on Peter’s legacy, making a enterprise that may maintain, problem and strengthen the world’s banking trade.” 

Becoming a member of the Large 4 agency as a accomplice in 2022, Payne arrived from PA Consulting. He had spent two years as a accomplice there, working in PA’s Stockholm workplace – and was beforehand additionally a managing accomplice in monetary providers for Deloitte’s Swedish outpost.

With different expertise within the skilled providers area amounting to shut to a few a long time in banking, capital markets, and funding administration, Payne has additionally labored in Singapore, and America, earlier than returning to the UK. He’ll formally tackle the position of banking sector chief on 1 October – in each the UK and Switzerland, with KPMG’s member companies there having merged in 2024.

Karim Haji, international head of monetary providers for KPMG, mentioned, “Steve has made nice strides to attach groups throughout geographies and providers to assist some of our largest and most advanced purchasers. He’s an lively and pragmatic chief who brings an enormous quantity of worth to our folks and our purchasers.”

Payne will take over from Peter Rothwell, who will stay a accomplice with KPMG, and returns to focus full time on shopper supply. A interval of handover begins instantly. 

Haji added, “I thank Peter for his excellent management of the banking sector over the past three years. Peter has been a relentless supply of readability and calm by means of some of essentially the most turbulent markets of a technology. He leaves the staff in good condition and in good fingers.”