The UK arm of Capgemini Consulting has hired Patrick Vance as a Vice President in the firm’s Financial Services team. Vance, who joins from rival KPMG, will focus on risk and regulation.
Patrick Vance has over 20 years of experience working in the financial sector. He joins from KPMG, where he most recently served as a Director in the Big Four’s Risk Consulting service line. At KPMG, Vance specialised in financial sector regulation and worked with retail banking and insurance clients, running large scale and complex projects to address legacy issues and to develop strategies to address future compliance challenges. Earlier roles include the role of COO of KPMG’s Financial Risk Management business. He joined the firm in 2006.
Prior to KPMG, Vance worked for the Personal Investment Authority and at Barclays Wealth, latterly as COO of the Global Compliance Function for Barclays Wealth and for Barclays UK Banking, and Barclays Retail.
Vance holds a Bachelor of Arts in Geography from the University of Durham.
In his new role at Capgemini Consulting, the global management consulting arm of French IT giant Capgemini, Vance will work with Capgemini Consulting’s banking, insurance and capital markets clients to help them understand their regulatory and compliance obligations, manage and monitor their adherence to these obligations, and remediate issues as they arise. He will report into Kevin Simmons, who joined the firm in 2007 from Atos Consulting, and currently serves as Vice President and UK COO of Financial Services.
Commenting on the addition to the Financial Services practice, Simmons says “We’re delighted that Patrick has chosen to join our Financial Services Market team at Capgemini Consulting. He has a proven track record of helping clients to navigate today’s complex regulatory landscape and his expertise will strengthen our developing capability in this key market area.”
Earlier this year Capgemini Consulting UK added two Vice Presidents to its Utilities practice: Alain Bollack and Mike Wilks. In Germany, outside the UK one of Capgemini Consulting’s largest markets, the consultancy in April added Rainer Mehl and Kai-Michael Schaper to its senior ranks.