KPMG alumnus Kate Birchall joins LCH as Head of Asia Pacific

27 September 2018 Consultancy.asia

Kate Birchall, a former Director at accounting and consulting firm KPMG, has been appointed Head of Asia Pacific at LCH, an international clearing house. From the firm’s base in Sydney, Australia, Birchall will lead a region which LCH describes as “of strategic importance” for its international growth ambitions.

LCH’s new Asia Pacific boss joins from National Australia Bank (NAB), where she worked for six years in the bank’s Sydney operation. Most recently, Birchall served as Head of Portfolio Optimisation and Collateral. Prior to that she worked nearly a decade for three other banking institutions: Lloyds (3 years), CIBC (3 years) and ANZ (3 years).

During her tenure in banking, Birchall gained extensive experience in financial structuring, clearing, capital and collateral management, credit structuring and financial research, among other areas. In between Birchall spent three years at KPMG, one of the globe’s four largest accounting and consulting firms, as a Director in the firm’s Risk Advisory practice.KPMG alumnus Kate Birchall joins LCH as Head of Asia Pacific In her new role, effective 15 October 2018, she will lead LCH’s client relationships and business in Asia Pacific, including the company’s OTC derivatives clearing operations in Sydney and Tokyo. LCH, which is headquartered in London, operates as a central counterparty (CCP), acting as a buyer to every seller and a seller to every buyer. The rates and multi-asset clearing house provides proven services across a range of asset classes, including OTC and listed Interest Rates, Fixed Income, FX, CDS, Equities and Commodities.

Martin Pluves, CEO of LCH, said he is delighted with Birchall’s appointment, stating; “Asia Pacific is a region of strategic growth for LCH.” As it stands, the firm’s clearing operations are directly licenced in Australia, Hong Kong, Japan, Singapore, with members and clients from twelve APAC countries currently using LCH’s clearing services. With Birchall at the helm, Pluves aims at extending the firm’s footprint in the region.

“Kate brings with her substantial experience of the markets in Australia and internationally, and will be an asset to our leadership team.”

Birchall succeeds Marcus Robinson, who has assumed the position of Head of Group Business Development, based in London. He has been tasked with defining new business opportunities and developing new services and products. Pluves said; “I look forward to continuing to work with him in his new role.”

Earlier this month, one of KPMG’s largest rivals, EY, saw a partner in its Financial Services wing leave to take up a post with Citigroup.

Profile

More news on

Deloitte adds Richard Hayler as Disputes and Arbitration leader

16 April 2019 Consultancy.asia

Deloitte has brought in Richard Hayler as its new Southeast Asia Disputes and Arbitration Leader. Hayler crosses from FTI Consulting – continuing the recent personnel shuffle in the regional forensics space.

Following the onboarding of veteran forensics expert Jarrod Baker as its new Forensic Investigations Leader for Southeast Asia earlier this year, global professional services leader Deloitte has added another ex-FTI Consulting executive to its regional forensics practice with the appointment of Richard Hayler as its new Southeast Asia Disputes and Arbitration leader. It’s Hayler’s second stint at the Big Four firm.

Originally starting out as an auditor in the chemicals, pharmaceuticals & energy practice of fellow Big Four firm KPMG in the UK (via a five-year Technical Director role with specialist life sciences consultancy Primarius), Hayler after three years crossed to Deloitte in 2008, serving as an Associate Director for its Forensic & Dispute Services division in London, and then from 2012 in Singapore. 

From there, Hayler joined the Singapore office of FTI Consulting’s Economic & Financial practice, promoted to senior managing director at the beginning of last year. Now, like his colleague Baker, Hayler has returned for his second stint with Deloitte, after respectively four and nearly six years with FTI. Meanwhile, FTI recently added e-discovery expert Christopher Marks as a senior managing director – continuing its global raid on Ernst & Young.

“I am delighted to be returning to Deloitte rejoining old friends and being on board with a great team,” Hayler said. This is an exciting time to be back at Deloitte as the firm has made great strides integrating to serve its clients across Asia Pacific better and I look forward to being part of that success.” As of September last year, Deloitte began integrating its Asia Pacific arms into single operational unit – with a co-attendant $321 million investment committed to human capital.Deloitte adds Richard Hayler as Disputes and Arbitration Leader in Southeast AsiaHayler across his career has developed expertise in a broad range of  competencies around forensics, disputes and litigation, including complex valuations, M&A and contractual disputes, accounting irregularities; alleged misappropriation, asset tracing and fraud investigations among others – having led or advised teams multiple jurisdictions in “some of the largest and most complex cases in the last decade.”

“Having Richard in our leadership team is a strong market differentiator,” said Tim Phillipps, Deloitte’s Financial Crime Strategy and Response Network leader for APAC. “His track record and extensive experience will be critical as we continue to expand and strengthen our presence in the Southeast Asia region.  It will enhance our capacity to serve our clients, and ensure that we continue to provide clear, timely and insightful counsel.”

In addition to Deloitte, Hayler serves on the Standards Review Board of the International Valuation Standards Council, as well as being a member of the adjunct faculty at Singapore Management University’s School of Law and the Honorary Treasurer for the Board of Directors of the Chartered Institute of Arbitrators Singapore. He was also last year a group representative for financial & fintech business group with the local British Chamber of Commerce.

According to the firm, Hayler’s recruitment forms part of its plans to expand its forensics services in the region – a practice which has already grown substantially in recent years to include more than 125 dedicated forensic practitioners based in Singapore, Indonesia, Malaysia, Thailand, and Vietnam, with growth driven by investment in disputes and arbitration, electronic discovery, investigations, forensic digital platforms and financial crime advisory and analytics among other areas.