Capco grows UK partner team with banking veteran

12 May 2015 4 min. read

Capco has added Rob Morgan to its UK-based partner team. Morgan brings in-depth banking and advisory experience to the business and technology consultancy, having previously worked in (senior) positions for among others RBS, J.P. Morgan, HSBC, Credit Suisse, Capgemini and CGI.

Rob Morgan has over 20 years of experience in programme, product and technology management, predominantly in the financial services and consulting industry. After graduating from the University of Oxford he started his career in 1993 with CGI (Logica at the time), where he worked as an IT consultant. Roughly two years later, in 1995, he moved into financial services, working for Credit Suisse, followed by Bank of Bermuda and Newton Investment Management.

Rob Morgan and Steve Vinnicombe - Capco

In 2000 Morgan returned to the consulting industry, with spells at Capgemini and TCA Consulting, only to return to the financial industry again in early 2003, when he joined Bermuda-based Clarien Bank, where he was tasked with managing the bank’s project portfolio. Three years later Morgan joined HSBC, spending approximately five years with the bank holding several management positions, moving on to J.P. Morgan afterwards. At the American bank he held the role of Executive Director, and led several major technology-led transformations, including a range of initiatives part of the bank’s Treasury Services unit. In recent years the experienced banker and consultant worked as an interim advisor for the banking and payments industries.

Recently Morgan decided to take on a new challenge, and joined Capco, a global consulting firm dedicated solely to the financial services industry. At the advisory he has been appointed partner, and has been tasked with leading and further developing the Payments practice. “Rob’s experience across the financial services industry, including a period as a jurisdictional COO at a tier-one bank, is invaluable to us as an organisation,” says Steve Vinnicombe, UK CEO at Capco. “From a client perspective, being able to work with a team from a similar background to themselves, with in-depth and practical knowledge of the issues they face, is a real asset. Rob demonstrates a wealth of credentials in this regard.”

Capco London office

Morgan on his new role: “A big part of my role will be in building out a payments practice to tackle the big challenges facing banks in this space – legacy technologies, regulatory pressure and new entrants challenging for market share. With $100 billion payments transactions processed in Europe during 2014, and close to 50% growth in start-ups specialising in this field, we see tremendous potential.” He adds: “Having handled some major investments for banks across the technology, operations and product spaces, this is an exciting opportunity to put that experience to work with Capco and FIS*.”

For Capco, Morgan represents the fifth partner addition in recent months, according to Vinnicombe the result of Capco’s “expanding footprint” in the UK. In December last year Ian Bentinck rejoined the firm as a partner, two months prior former Barclays COO Jonathan Rose strengthened the leadership team, while both Paul Trotter and James Arnett joined in the summer months. 

* FIS acquired Capco in September 2011 for a fee of just under $300 million. With over 40,000 employees and a revenue of more than $6 billion FIS is one of the globe’s largest professional services firms that serves the financial services industry.