Oliver Wyman has promoted Ted Moynihan to Managing Partner of the Financial Services business. Moynihan, who has been a Partner and the EMEA Head of the Financial Services Practice, will leverage his extensive experience in banking, insurance and capital markets to lead the industry unit, both externally as well as internally.
Ted Moynihan has been with Oliver Wyman for nearly two decades. He joined the consultancy with a background in mathematics and control engineering, and during his first years at the firm he fulfilled roles that reflected this specialism. With time and experience Moynihan moved towards Financial Services (FS) and served some of the world’s leading investment banks on strategy and execution. His experience concentrates on investment banking strategy, as well as on regulatory reform and restructuring, and encompasses a number of portfolio and business line strategic reviews across securities trading, corporate finance, corporate banking, transaction banking, and securities services. Since 2012, Moynihan has been a Partner and EMEA Head of Oliver Wyman’s Financial Services Practice Group and Global Head of the Corporate & Institutional Banking Practice.
Moynihan holds a Bachelor degree in Engineering from Cambridge University.
Moving once again in rank, Moynihan will take on the role of Managing Partner of Oliver Wyman’s Financial Services Practice as of 1 January 2016, based in London. As Managing Partner, Moynihan will join the Oliver Wyman Executive Committee and will report directly to Oliver Wyman President and CEO Scott McDonald. Commenting on the appointment, McDonald says: “I believe Ted brings the vision, drive and leadership required to support Oliver Wyman in our next stage of growth. He has a rare command of the broad range of issues that our banking, insurance, and public sector finance clients are facing.”
Moynihan adds that he sees his promotion as a tremendous honour as he will take on “a role leading in this incredible part of our business. I’m very excited about our future and I will do my utmost to find ways to continue to make our business, team, and culture even stronger.”
Last week Oliver Wyman announced the appointment of 40 new partners globally.