Capgemini Consulting has named Kristofer le Sage de Fontenay as the Head of its Financial Services practice in the UK. Kristofer joins from Atos Consulting where he held the role of Global Head of Financial Services.
Kristofer le Sage de Fontenay has over 20 years of experience in the consulting industry. He started his career with IMR in 1998, an operational consultancy which in 2000 became part of Alexander Proudfoot*. After nearly three years with the consulting firm, Kristofer joined KPMG Consulting, where he delivered operational improvement projects for clients across Europe. As part of the acquisition of KPMG Consulting by Atos, Kristofer moved over to Atos’ consulting arm – Atos Consulting – where he has worked since.
At Atos Consulting, Kristofer specialised in the financial services industry, in particular the retail financial services sector and, more recently, in the FinTech market (a $19 billion venture capital market according to a study). He has over the years held growing leadership roles, including Head of the People and Change service line, Head of Financial Services for UK & Ireland and latterly, since April 2014, Global Head of the Financial Services industry practice. He has throughout his career at Atos Consulting gained extensive experience selling and delivering client work, building consulting practices, developing new business, and leading consulting teams on client advisory and implementation projects.
In his new role at Capgemini Consulting, the management consulting arm of French IT services giant Capgemini, Kristofer has been tasked with leading and further growing the firm’s UK financial services division. The role will see him drive sales growth, promote market propositions, as well as overseeing key transformation programmes for clients and managing the professional development of the practice’s team of partners and consultants.
David Williams, CEO Capgemini Consulting UK, says he is delighted to welcome Kristofer to the firm. “Banks and insurance companies are facing huge challenges from competition, changing consumer behaviour, regulation and advances in technology.” A recent study by Capgemini’s Banking division for instance found that in particular technology players and FinTech startups are expected to mount strong pressure on banks, obliging incumbent players to revamp their operating models.
“Capgemini Consulting is well-placed to support clients with their strategies and change plans, and Kristofer’s experience of advising and leading major programs for top-tier financial services companies will be a significant asset as we look to further build our profile in this market. He has the background and management style to lead us in the next stage of our journey.”
In the summer Capgemini Consulting added another senior adviser to its UK Financial Services practice: Patrick Vance, he also joined from Big Four KPMG. Earlier in the year the consultancy bolstered its Utilities practice with Alain Bollack and Mike Wilks, both made the move from EY and serve as Vice Presidents.
* Alexander Proudfoot is part of Management Consulting Group, a group that formerly also was the parent of Kurt Salmon. Over the past 12 months Kurt Salmon has however been dismantled and sold off to counterparts. The firm’s retail and consumer goods advisory units were bought by Accenture in September, while the other, larger parts of the business were snapped up by Solucom (today Wavestone) last year.