KPMG installs Judd Caplain as Global Head of Banking & Capital Markets

KPMG has promoted Judd Caplain to the role of Global Head of Banking & Capital Markets in the Big Four group’s International member firm. Caplain, who has been with the firm since 2001, is tasked with supporting financial services institutions meet the considerable disruptive challenges arising from new technologies.

Judd Caplain joined KPMG in 2001, and has held a number of high level roles with the firm on the way to becoming a Partner. His career has focused largely on supporting high-level financial services firm clients with, among others, banking strategy, regulatory and controls, operations, finance and transformation. Earlier in his career, Caplain worked at the Mitchell Madison Group, a financial services management consulting firm founded by McKinsey Partners, as well as having served at various key financial services firms, such as JPMorgan Chase and BankBoston. Caplain also holds a Bachelor of Science in Finance from Syracuse University and a Master of Business Administration from Boston University.

The promotion sees Caplain take the helm of for KPMG’s Global Head of Banking & Capital Markets practice, at a potentially tumultuous time for the industry. The capital and banking market is on the cusp of majorly disruptive change, as entry for competitors becomes easier, whole new transfer and payments systems are being developed, and the edges between financial service, tech and fintech merge. Caplain brings more than 20 years of hands on experience in the transformation of institutions to the role, and succeeds Bill Michael, who has taken on the role of Chairman & Senior Partner of KPMG UK.

Commenting on the appointment, Jim Liddy, Chairman of KPMG's Global Financial Services Practice, said, “Judd is a client-focused leader who has helped innumerable financial services organizations to take on some of their biggest strategic challenges.”

Caplain added, “There is unprecedented change taking place in financial services and I'm extremely excited to lead KPMG's global banking and capital markets practice at this critical time. With the disruption caused by fintech and digital technologies, institutions are rethinking their business models and all aspects of their operations in order to gain greater efficiencies and better meet the needs of customers. The value that KPMG professionals bring has never been more important and I'm looking forward to playing an increasing role in helping clients successfully position their organisations for the future.”