BDO appoints two new partners in London financial services wing

18 August 2022 Consultancy.uk 2 min. read
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As it continues to investment in its financial services team, BDO has announced the arrival of two new partners. Geeta Joshi and Bernd Kremp join from a Big Four firm, and will be based in BDO’s office in London.

Geeta Joshi brings more than 20 years of experience to BDO, having built extensive knowhow in audit and assurance lines while servicing financial services clients. Formerly with EY, she specialised in auditing and advising on changes to financial and regulatory reporting in the insurance industry; helping businesses adapt to IFRS 17 changes, solvency II, due diligence, transaction accounting and financial reporting.

Bernd Kremp also joins from EY, in the BDO’s technical standards group (TSG). His previous roles have seen him focus on technical accounting with a focus on IFRS. With experience including advising and supporting teams around complex technical accounting issues, and preparing and performing financial reporting training, he also specialises in writing materials on financial reporting matters.

Geeta Joshi and Bernd Kremp - BDO

The two partners will both be based in London. With BDO, Joshi will specialise in insurance sector and continue her focus on IFRS 17, life insurers and audit quality. Meanwhile, Kremp will continue his focus on financial reporting.

Paul Eagland, Managing Partner at BDO commented, “Quality remains a priority at BDO and these appointments are a reflection of our continued investment and commitment to providing work of the highest standard. Financial reporting has become increasingly complex and keeping up to date with changing accounting standards can be challenging for businesses across all sectors, particularly those that are highly regulated such as financial services and insurance. Geeta and Bernd both bring a huge amount of technical knowledge and experience, they will be great additions to BDO.”

Since the start of this year, BDO has appointed 19 external partners. The hiring spree comes as it, and other leading competitors of the Big Four, attempt to pick up contracts from challenging former clients of KPMG, DeloittePwC and EY.