KPMG UK promotes Ben Lucas as new UK head of asset management
KPMG UK has appointed Ben Lucas as the new head of its asset management practice.
KPMG UK has appointed Ben Lucas as the new head of its asset management practice.
KPMG UK has appointed Ben Lucas as the new head of its asset management practice.
Ben currently leads KPMG’s wealth and asset management (WAM) consulting practice, serving clients across the entire breadth of the investment management industry. He has worked extensively in senior strategy and transformation roles based in London, New York and Paris. Prior to joining KPMG, Ben was a partner at another consulting firm in their asset management practice. Alongside his new appointment, he will continue in his role as global head of asset management consulting.
Karim Haji, EMA and UK head of financial services at KPMG, said: “I would like to congratulate Ben on his promotion and thank Rachel Hanger for all her achievements over the last three years. Under her leadership, Rachel has overseen a 40 percent increase in asset management revenue with growth across all capabilities. She has been instrumental in bringing together the alternatives and traditional parts of our asset management business.
“Since joining KPMG nearly three years ago, Ben’s relentless focus on culture and clients has helped strengthened our asset management consulting capability. His innovative style, ambitious vision and client centric approach, combined with deep and extensive board level relationships makes him the ideal candidate to lead our growth ambitions for the wider asset management sector.”
Ben Lucas, head of asset management at KPMG UK, said: “I am pleased to be taking on this new challenge at such a significant time for our industry. We have a huge opportunity to build on the great work we are already doing with clients across the entire wealth and asset management spectrum and I’m looking forward to helping them navigate the rapidly evolving landscape.”
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KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 15,300 partners and staff. The UK firm recorded a revenue of £2.43 billion in the year ended 30 September 2021.
KPMG is a global organisation of independent professional services firms providing Audit, Legal, Tax and Advisory services. It operates in 145 countries and territories with more than 236,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.