Claire Tracey joins Oliver Wyman as partner

Oliver Wyman has appointed Claire Tracey as a partner in its retail banking and wealth management practice. She arrives following more than two decades in professional services and the financial sector.

Global management consulting firm Oliver Wyman boasts offices in more than 70 cities across 30 countries, and with more than 5,000 professionals around the world. Its retail banking wing works with the world’s leading banks, credit institutions, payment companies and investment firms to keep pace with evolving digital transformation, regulations, and the changing needs of retail and business banking customers.

Boosting those efforts is Claire Tracey, who joins the retail banking and wealth management practice of Oliver Wyman’s London wing. Working as a partner, she will help financial institution clients across Europe address some of their greatest challenges, from delivering revenue growth, to executing a digital transformation, and accelerating their climate transition.

Tracey arrives having previously been an executive committee member of a leading UK financial institution, having spent the last three years as chief strategy and sustainability officer at Nationwide Building Society. Earlier, she accrued 18 years of professional services experience with strategy giant Boston Consulting Group – latterly holding the roles of partner and managing director. And Tracey also spent three years as a policy advisor with the UK Ministry of Justice.

Passionate about gender diversity, a comment from Oliver Wyman’s LinkedIn page also notes that “Claire has led significant research on the impact of retaining and promoting senior women” throughout her career. This has helped the organisations she worked with to “step-change their approach to inclusion and diversity”.

Elsewhere, Oliver Wyman recently established an actuarial practice in the UK. The new team will be led by Colin Forrest, who brings more than 20 years of actuarial experience to the firm.