James Arnett leads Capco's offices in Asia Pacific

Global financial services consultancy Capco has named James Arnett its new boss for the Asia Pacific region. 

In the new role, James Arnett leads Capco’s four offices in Asia Pacific’s key financial centres of Bangkok, Hong Kong, Kuala Lumpur and Singapore. He takes end responsibility for strategy, client and account management, project delivery, as well as internal operations including human resources, recruitment, learning & development and performance management.

“I’m very pleased to have this opportunity to take our APAC business forward. I look forward to working with our clients in the region to help them reengineer and grow their businesses,” said Arnett.

Founded in 1998 in Belgium, Capco is a technology and management consultancy specialising in finance, risk & regulatory and digital transformation in the financial services industry. With over 5,000 employees across 30+ offices, the firm is one of the leading global consultancies dedicated to the financial services vertical. 

Arnett joined the consulting firm in 2011 in the United Kingdom, having previously worked for IBM’s consulting wing, Capita, Hewlett Packard Enterprise and The Co-operative Bank. He was promoted to partner in 2014, and has since held roles of increasing seniority, including Head of Capco’s Finance, Risk and Compliance practice and Head of the Capital Markets practice in the UK.

He brings over 20 years of experience in consulting, banking and technology to the role, and a track working with some of the world’s largest financial institutions and a number of the UK’s pioneer internet banks. 

Capco CEO Lance Levy: “James has extensive experience managing global client relationships and transformation programs across Europe, North America, Asia and Africa, and a successful track-record in applying an entrepreneurial approach to developing fast-growth businesses. His deep expertise around emerging technologies and data-led transformation within capital markets and banking will be invaluable as we continue to grow our business and presence in the region.”

Arnett succeeds Neil Ramchandran, who held the role for the past six years. He will be based out of Capco’s Hong Kong office, and will relocate from London once travel restrictions are lifted.

Commenting on the opportunities he sees in the market, Arnett said: “The region continues to be a centre for innovation and dynamism when it comes to digitalization and transformation within financial services. There are significant opportunities at hand around virtual banking, data, insurtech, emergent technologies including cloud and machine learning, and the enhancement of user experiences and customer journeys.” 

In Asia, Capco also four offices in India: Bangalore, Gurgaon, Mumbai and Pune.

In the past two months, Capco bolstered its ranks with two acquisitions: digital financial services consultancy andrion in Switzerland, and insurance-focused Neos in the United States.