KPMG names Martin Wells a Partner in management consulting arm
KPMG has picked up power and utilities expert Martin Wells, who joins from Capgemini where he was a Vice President in its Utilities and Business Transformation consulting practices. At KPMG, Wells takes on a Partner role in the firm's management consulting business.
The power & utilities (P&U) sector faces a host of challenges, as a drive for renewable technologies is pushing companies to invest in increasingly competitive generation types, while new distribution models, storage systems and customer expectations are set to create a disruptive environment for a wide spectrum of companies. In the face of challenges, companies have increasingly sought to acquire expertise, ranging from in-house technical consulting to third party advisory.
To better support its UK clients in the face of these rapid changes, Big Four consultancy KPMG has picked up P&U expert Martin Wells – who joins the firm’s UK wing from Capgemini, where he spent more than nine years. Wells was most recently Vice President with the firm, and was responsible for growth in its Utilities and Business Transformation consulting practices. The work involved, among others, working with prominent clients in the area of business transformation, customer experience, digital and operational excellence. He previously worked at Accenture, where, over a thirteen year career, he rose to become a Senior Manager in its wider management consulting practice. Wells holds a Bachelor of Science in Information Technology from the University of Salford.
Joining KPMG’s Power & Utilities Management Consulting practice as a Partner, Wells will be working out of the firm’s London office. In the new role, he is charged with supporting companies in the wider P&U market, as they seek to respond to new opportunities and challenges thrown up by changing market dynamics.
Simon Virley, Head of Power & Utilities at KPMG, said, “To be able to bring someone of Martin’s calibre, with his deep sector knowledge and experience, into the KPMG Power & Utilities practice is fantastic news. Martin will strengthen our existing team of sector experts, and help build KPMG’s consulting practice by bringing new, innovative, solutions that complement KPMG’s work in deal advisory, tax and audit.”
On his appointment, Martin commented, “KPMG is arguably best known in the Power & Utilities sector for its regulatory advisory capability; but in addition to this I have been blown away by the quality of its consulting capabilities and partnerships in the areas such as customer experience, operational excellence and business transformation. The P&U sector is rightly demanding more from its consulting partners in the face of a rapidly changing market, and I’m committed to making KPMG the clear choice.”
According to a recent report from EY, transactions in the power & utilities landscape are increasingly shifting towards renewables.
