KPMG, the financial services firm that includes wealth advisory services in its offering, has appointed a new head and a new chairman to take the reins of its UK private client advisory team, aiming to strengthen plans for growth in domestic and international services.
Dermot Callinan has been named head of KPMG’s UK private client practice while David Kilshaw has been appointed to the position of chairman. The changes reflect the firm’s ambitions for the future, KPMG said in a statement.
Callinan was previously head of private client advisory for the Northern UK region of KPMG. Callinan started working in private client tax and wealth advice in 1985 and has been with KPMG throughout most of his career in London and the North.
Kilshaw, who has been advising private clients and family offices for over 25 years, will continue to lead the private client advisory business in London and will co-chair the firm’s European practice alongside Christopher Steckel, who is a partner based in Switzerland.
“KPMG’s UK private client practice now acts for clients with collective wealth of about £20 billion (around $32.3 billion). With 150 private client specialist professionals across our UK offices today, the practice has grown significantly. Our ambitious further growth plans are focused on both the domestic and international markets for our services,” said Callinan.