George Stylianides head of PwC FS Risk and Regulation

PwC UK has appointed George Stylianides as the new leader of its Financial Services Risk and Regulation (FSRR) practice. Stylianides takes over the role from Julie Coates, who has decided to return back to Australia after four years in the UK.

George Stylianides, who has worked for more than 25 years at PwC, has extensive experience in the area of financial and risk management. He mainly focuses on advising clients on how they can improve risk management in order to deliver their business strategy and supporting customers with the implementation of risk transformations. “George brings a wealth of experience and new ideas as our new FSRR leader, and I look forward to working with him to drive this exciting part of our practice forward,” says Kevin Burrowes, UK financial services leader at the Big Four firm.

In a reaction to his appointment, Stylianides says: “Financial services organisations are investing significant amounts of time and resources into risk and regulatory issues to address old, new and future regulations affecting the sector, and the increased risk to their businesses posed by a wide range of issues spanning from conduct and mis-selling to cyber security. I look forward to helping our clients not only address these ongoing challenges, but proactively plan for the future and help them turn these issues into a competitive advantage.”

Promotions and new hires
The FSRR practice of PwC, which has over 1.000 experts helps clients across the financial services sector, has also announced a wave of new senior promotions: 15 people have been promoted to partner and 30 to director. In addition, three directors and one partner have been attracted from outside the firm.