KPMG has recruited former head of group strategy and planning at Australian Super, Rohit Mendiretta, to lead its asset and wealth management strategy team, as the firm tries to better position itself within the ever-changing wealth sector.
Mendiretta brings over 15 years’ experience to the role, specialising in capital planning and leading complex transformation programs across the financial services and TMT sectors.
He has also helped implement data-focussed regimes for organisations, having established Australian Super’s analytics and big data capabilities. He led the super fund’s efforts in technology, people and culture, and digital strategies.
In addition to Australian Super, Mendiretta has worked at Telstra, Westpac, the Royal Melbourne Institute of Technology, and McKinsey.
KPMG head of asset and wealth management, Paul Howes, said that Rohit’s recruitment will help the firm further establish itself within the constantly evolving wealth sector.
“In Rohit’s new role he will partner with the wider firm to develop further its presence in the ever-changing wealth sector. He will play a crucial role in helping us leverage new services into this growing market and deliver deeper values to our clients,” Howes said.
Mendiretta believes that there are three key principles organisations must adopt to succeed in the fast-changing wealth sector, as he will be seeking to help KPMG do.
Organisations must have "a relentless obsession for the customer, an openness to ‘new ways’ of doing business across people, process and technology, and lastly speed to market and decision making,” he said.