Former HSBC COO heads Sopra Steria Financial Services arm

12 June 2018

The former UK Chief Operations Officer of HSBC’s commercial bank has joined consulting firm Sopra Steria. Craig Wilson will focus on improving the firm’s customer centricity, and will capitalise on his key strengths as the firm’s new Financial Services leader.  

Sopra Steria, a European consulting firm specialising in digital transformation, provides a comprehensive portfolio of end-to-end service offerings to its clients. The firm assists customers with consulting, systems integration, software development, infrastructure management and business process services, and is subsequently trusted by top private and public-sector entities to deliver transformation programmes that address their most complex and critical business challenges.

The growing prevalence of digital technology has prompted a gold rush in the sector, with companies looking to exploit new technology to boost their companies’ efficiency often seeking the help of consultants to execute such a transition. As a result, digital transformation consulting is currently worth $44 billion as a global service line – something which has helped Sopra Steria to grow to a headcount of nearly 42,000 employees in more than 20 countries, with a revenue of €3.8 billion in 2017. So far, 2018 has seen Sopra Steria continue to bolster its position in the Financial Services market, with Co-Op Insurance and Royal London Group extending their application management contracts with the firm, while Sopra Steria has partnered with Fintech Scotland to drive the region as a FinTech hub, and the Financial Conduct Authority (FCA) employed Sopra Steria to deliver the UK’s largest digital market data processing platform.

Craig Wilson, Managing Director - Sopra Steria

In order to help cope with the heightened demand it is experiencing, as well as to grow its fiscal arm further amid hunger for digitalisation in the financial sector of the UK, Sopra Steria has appointed Craig Wilson to the position of Managing Director of Financial Services, where he will be focus on broadening and deepening relationships with Sopra Steria’s current and prospective customers. A release by the firm stated that Wilson will position customer needs at the heart of the firm’s Financial Services strategy, enacting plans to capitalise on Sopra Steria’s core strengths in Delivery, Fintech and Customer Experience as clients look to overhaul their infrastructure and operations amid increasing regulatory change and digital disruption.

He arrives at Sopra Steria after almost two decades at HSBC, where he held various senior management and Director-level positions over an 18 year tenure. Most recently this saw Wilson working as Chief Operating Officer of HSBC’s UK Commercial Banking Division. During this time, he led on discretionary and regulatory change including the UK’s commercial response to the Deferred Prosecution Agreement, MiFID II, GDPR and CMA and implemented numerous digital transformation projects within HSBC’s front and back offices. The new role with Sopra Steria is Wilson’s first since opting to leave HSBC for a new challenge in 2017.

Craig Wilson said of his new challenge, “At its heart, Financial Services is a people industry, and I’m excited to lead a team which has a long history of success enriching the customer experience when banks and other Financial Services organisations seek to digitise their propositions.”

John Torrie, CEO at Sopra Steria UK, said of the hire, "I am delighted to welcome Craig into a major strategic role for us. He will play a crucial part in helping the business achieve its growth targets for the future, while ensuring we continue to provide a high-quality level of service to our Financial Services by bringing in leading talent in digital user experience and regulation. His long-standing client-side experience and network will also bring us closer, stronger connections across the Financial Services industry as a whole.”

Related: Barclays appoints former OC&C boss Michael Jary to Board role.


Grant Thornton UK appoints five new Partners

23 April 2019

Sergio Cardoso, Matt Maltz, Jessica Patel, Marc Roberts and Nick Warner have been appointed as partners at Grant Thornton. With the company undergoing a year of transition under new leadership, the new members will help consolidate the firm’s offering as it looks to reach new levels of growth in 2019.

2019 sees Grant Thornton’s UK wing undergoing a process of transformation. As the group looks to ensure its teams “provide the right level of support for profitable growth” and create an environment that “makes it easier for our people to do great work”, the firm has announced a succession of senior appointments across its regional divisions.

In February, this saw Chris Petts and James Bulloss named Partner and Director in the North East and Yorkshire respectively. Now, the UK’s sixth-largest auditing and consulting firm has confirmed the installation of a further five Partners across its UK team.

Sergio Cardoso is a long-standing Grant Thornton employee, having joined from Daniel Auerbach & Company – where he was an Accountant – in 2005. Cardoso rose steadily through the ranks since then, taking up his most recent role as Audit and Assurance Director in 2015. In that role, he focused on dynamic, fast-growing and entrepreneurial private companies, as well as multinational and AIM-listed groups. He now takes up the position of Partner in Grant Thornton’s audit practice.

Grant Thornton UK appoints five new Partners

Nick Warner has been appointed as a partner in Grant Thornton’s VAT team based in London. Bringing more than 20 years of experience in tax to the role, Warner joins the firm from Moore Stephens, where he most recently was VAT Partner, during a five-year stay with the firm. Prior to that, Warner was a Partner in VAT at BDO and PKF UK. He also spent five years at HMRC as a Higher Executive Officer.

Matt Maltz is the first of three Partner appointments in Grant Thornton’s real estate tax division. A former EY Partner in real estate tax, Maltz spent 17 years with the Big Four firm. In his new position with Grant Thornton, he will tackle similar client areas, as a Partner in real estate tax.

Jessica Patel has also been promoted as a Partner in the firm’s real estate tax practice, having been with the firm for more than 15 years. Patel joined Grant Thornton as a trainee in 2003. She is a licensed member of both the Association of Tax Technicians and the Chartered Institute of Taxation. As a Partner, Patel will advise a wide variety of clients ranging from UK property investors and developers to overseas investors and property funds.

Marc Roberts is another Big Four alumnus to join Grant Thornton as a Partner. Roberts exited EY to take up his new position, having been an Associate Partner and real estate advisory lead at the company. With more than 25 years of experience in the financial services sector, Roberts also formerly held a Directorship and headed the corporate finance real estate advisory team at fellow Big Four firm PwC.