Dorel Blitz joins KPMG in Israel as Head of Fintech

26 November 2015

FinTech has in recent years drawn considerable attention due to its potential to disrupt the financial services sector. In a bid to provide its clients with high level expertise and technologies related to what is happening within the FinTech (startup) landscape, KPMG Israel has hired Dorel Blitz, former Innovation Manager at Bank Leumi, as Head of its FinTech practice.

Dorel Blitz started his career as an investigator for the Israeli Police at the National Investigation Unit for severe and international organised crime. Over a three year period, Blitz detected and tracked national and international assets and businesses, investigated international criminal organisations, as well as criminal offenses and money laundering, and then built a case against them. In 2010 Blitz joined Adkit as a Banking & Finance research manager, leading a number of research projects for Israeli clients to improve their business decision-making process. Two years later he was promoted to head the unit, leading a team of more than 20 staff running strategic business research for the financial services sector.

In 2013 Blitz joined Bank Leumi, taking on the role of Innovation Manager. At the bank, Blitz was responsible for the development of the company’s innovation strategy and R&D management, which included leading a cross-functional team across strategy, business lines, technical and regulatory staff, aimed at launching innovative and disruptive new strategies, products & services. The role saw him foster the local startup environment – according to Compass Tel Aviv is the globe’s fifth most attractive city for startups – through the launch of FinTech accelerators, cultivating relationships with the FinTech market and sponsoring contests.

Dorel Blitz - KPMG

Blitz holds a BA in Criminology & Political Science from Bar-Ilan University, and a Diploma in Economics from the University of Haifa.

Moving to KPMG

Per the 1st of November Blitz has joined KPMG in Israel, where he will leverage his past experience, particularly at Bank Leumi, to lead the FinTech practice and further grow the offering and client base, both in Israel as well as in the wider Middle East region. Blitz will also serve as a local expert for KPMG Capital – the Big Four’s investment fund – providing information about the local FinTech sector and startups to KPMG Capital in order to support the investment portfolio. This will include providing KPMG’s clients with information about what is happening in the FinTech landscape, as well as promising technologies and networks that can be used to improve business performance. For starting and/or upcoming FinTech companies, Blitz will, building on his contacts in the field, function as an advisor and coach.

FinTech on the rise

Global FinTech investment has seen considerable growth of late, tripling from $4.05 billion in 2013 to $12.2 billion in 2014, research by Accenture shows. This growth in FinTech investment can pose both threats and opportunities to banks, who, according to the consulting firm, should adapt quickly and develop a business culture to avoid being left behind and lose out. The true threat from FinTech initiatives is still a while off, according to a recent Capgemini Consulting report, however, to capitalise on the potential and lay foundations and connections early with startups, the consulting industry has been quick to create initiatives that foster and accelerate FinTech startups. KPMG for instance, formed an exclusive partnership with Matchi, a FinTech matchmaking platform; while rival EY recently partnered with Innovate Finance, an organisation whose aim it is to advance UK-based FinTech initiatives.



Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019

Three senior level consultants have been boosted to the rank of Partner at Quantum Advisory, as the firm works to meet heightened levels of client demand. Aled Edwards, Amanda Burdge and Chris Heirene become Partners as long-time Quantum member Rob Davies retires in May after 15 years as a Partner at the firm.

Founded in 2000, Quantum Advisory provides pension and employee benefits services to employers, scheme trustees and members, with five offices across the UK. The firm has enjoyed exponential growth in recent years, following a number of major client wins and booming demand for its services. It opened a new office in Bristol in 2016 to service the South West and in 2017 relocated its Cardiff office to a larger site within the Welsh capital to house the increased workforce. More recently, Quantum relocated its Amersham, Birmingham and London offices to more spacious premises in the centre of both cities to cope with demand.

The financial services consultancy, which employs 115 people across the UK, has promoted three senior team members to Partner, as part of its wider growth plans. The firm has moved Aled Edwards from Principal Consultant & Actuary, while Amanda Burdge has ascended from Principal Investment Consultant. Chris Heirene, former IT Manager, has also joined the ten current Partners at Quantum.

Aled Edwards most recently managed the actuarial team within Quantum’s Cardiff office as well as providing technical training for all staff. He boasts more than 17 years of pensions experience. He started his career as an Actuary at Jardine Lloyd Thompson’s Bristol wing, before joining Quantum in 2011. Edwards is also the President of the Welsh Actuarial Society (WAS), which supports actuaries and actuarial students living or working in Wales.

Rapid growth sees Quantum Advisory promote trio of Partners

Amanda Burdge joined Quantum’s team in 2001, as one of the fledgling firm’s first employees. Most recently she was a Principal Investment Consultant with the firm, and with more than a quarter of a century’s experience in the sector, she is responsible for providing investment advice to many of Quantum’s key clients with both defined benefit and defined contribution schemes. Prior to her time with Quantum, Burdge spent two years as a consultant with SBJ Benefit Consultants (now Capita), and three years with Tesco Pension Trustees. She currently sits on the Regulation Committee for the Pensions Management Institute.

Chris Heirene initially worked with Quantum as an IT Consultant with Teamwork Technology Services and then UES for over five years, before finally joining the firm itself in 2011. He is now responsible for Quantum’s IT systems across all of its offices, including the network and core server infrastructure which supports the business. Heirene is heavily involved in utilising IT to improve and build upon the processes in place throughout Quantum.

David Deidun, Partner at Quantum Advisory, said of the promotions, “This is a very exciting time for Quantum. The recent round of promotions fully recognise the hard work and dedication shown by the three, all of whom go above and beyond for the company. I’ve no doubt that Aled, Amanda and Chris will settle into their new roles with ease and look forward to working together to grow Quantum even further.”

The news comes as Rob Davies retires in May, after spending fifteen years as a Partner at Quantum. A qualified actuary, Davies was instrumental in setting up Quantum’s Investment Division, specialising in aiding clients with their investment strategies. He will remain with the company on a part-time consultancy basis, while working with several clients in the Fiduciary Manager area.