PwC has appointed Simon Hunt as its new UK banking and capital markets leader. Hunt will focus on advising PwC’s UK clients on the challenges they might face in the changing banking landscape following regulatory reforms and rapidly developing technologies
Simon Hunt has been with PwC UK since 1997 and has in his 18-year career fulfilled several roles at the consulting firm, while specialising in banking audits and related advisory projects. Most recently he functioned as the Chief Operating Officer (COO) of the firm’s UK Financial Services business, a role he held since 2013. Hunt was made Partner in the Assurance Banking & Capital Markets practice in 2007 and spent five years in Japan on secondment, between 2003 and 2008, serving both Japanese and non-Japanese banking and capital markets clients.
Commenting on his appointment, Hunt says: “I’m excited to be asked to lead our UK banking and capital markets practice at a time of significant change for the banking sector. The need to embed significant regulatory reform, to redefine business models and to drive a renewed focus on conduct presents both challenges and opportunities for the banks. Rapidly developing new technologies and increased competition from new entrants is also encouraging the UK banking sector to change and adapt. I look forward to working with our clients as we focus on advising them on these matters. Despite its recent challenges, the UK banking sector is hugely important to the UK economy and fundamental to our future economic success.”