PA Consulting welcomes Faraaz Nakvi as a partner in Financial Services

Faraaz Nakvi joins PA Consulting (PA), the consultancy that’s bringing ingenuity to life, as a partner in PA’s Financial Services practice where he will lead PA’s financial crime advisory within our risk and regulation team.

Specialising in financial crime compliance, Faraaz brings over 12 years’ experience in the financial services sector. In his most recent role, he was a senior director in the forensic capability at KPMG, working with a range of key banking clients and leading large-scale teams to deliver end-to-end regulatory, transformation and process enhancement engagements. Prior to this, Faraaz led a successful financial crime practice for Promontory Financial Group.

Throughout his career Faraaz has delivered comprehensive cross divisional financial crime reviews, effective digital transformation programmes and regulatory driven governance and culture assessments.

PA’s financial services experts combine deep knowledge of banking, insurance, pensions, payments, private equity, and asset management with expertise in strategy, technology and digital innovation to help clients adapt, transform and succeed PA’s experts help global banks and insurance companies to adopt organisational agility at scale and transform their digital experiences. Recent client work includes helping HSBC digitise its organisation from the ground up by developing core products and services to create seamless customer and colleague experiences, helping Ageas to become more data-driven, Aegon to transform and take more agile approaches, and ING to become leaders in platform innovation. 

Gavin Neilson, Global Head of Financial Services at PA Consulting, said: “I’m delighted to welcome Faraaz to the financial services team at such an exciting time. Faraaz is uniquely placed to develop and foster innovative strategy, with his extensive experience in financial crime regulation.  With his expertise in devising successful financial crime regulatory strategies through to leading financial crime transformations, Faraaz will offer invaluable skills and insight to help PA strengthen its financial crime offering.”

Faraaz adds: “The PA brand is synonymous with leading edge innovation and agile capability to drive meaningful change, underpinned by subject matter experts and strategic know-how. It’s an exciting time in the market as RegTech solutions disrupt traditional delivery models. Financial services firms are seeking greater value through digitisation, enhanced customer experience and a labour force set up for future success. I look forward to helping clients transform to drive efficient and effective outcomes against a backdrop of evolving regulatory, operational, people and market challenges.”