Deloitte this month named Kenny Smith, currently a vice chairman of the firm, as U.S. leader of its financial services industry group.
A principal with Deloitte Consulting, Smith currently serves as leader of Deloitte’s U.S. banking and securities sector and has a 32-year track record in both client service and practice management. He succeeds Robert Contri, who has held the U.S. financial services industry role since 2011 and was recently appointed the global leader of Deloitte Touche Tohmatsu Limited’s (DTTL) financial services industry group.
Based in San Francisco, Smith is responsible for Deloitte’s four financial services sectors: banking and securities; investment management; insurance; and real estate. His key responsibilities include overseeing the overall strategic direction of the practice, the alignment of resources with clients, team leadership development and succession, and the go-to-market strategies for Deloitte’s key businesses. He will also be working directly with some of Deloitte’s largest financial services clients to respond to the myriad regulatory, growth, technology and innovation challenges present in today’s competitive marketplace.
In addition, Deloitte announced that a number of high-powered new professionals have joined Deloitte’s U.S. financial services industry team, including:
Bill Mullaney, formerly the president of MetLife’s U.S. business, has become a director with Deloitte Consulting. While at MetLife, he had overall responsibility for and successfully led MetLife's retail life and annuities books of business, as well as their group insurance, corporate benefit funding, and auto and home segments;
Don Truslow, who recently retired as the chief risk officer of M&T Bank Corporation and formerly the president of the Financial Services Roundtable’s Financial Stability Industry Council, will serve as a senior advisor to Deloitte Advisory’s regulatory and compliance practice; and
Julie Bernard, formerly the leader of EY’s banking and capital markets security practice, has joined the organization as a principal in Deloitte Advisory’s cyber-risk services practice.