PwC appoints new Financial Services Leader in the Midlands as part of UK-wide regional investment
PwC has appointed Carl Sizer as leader of its financial services (FS) practice in the Midlands, as part of the firm’s ongoing investment in its regional FS presence.
Now based at the firm’s Birmingham office, Carl moved to the region from PwC in London where he was partner for almost seven years within the firm’s banking and capital markets segment.
He has been at PwC for over 17 years, providing audit and advisory services to a number of international and domestic financial institutions as well as spending two years in our New York practice working with a global investment bank.
In his new Midlands role, Carl will head up a team of around 100 FS specialists based across PwC’s Birmingham, Castle Donington and Milton Keynes offices.
Carl Sizer, partner and Financial Services Leader for PwC in the Midlands, commented:
“This is an exciting time to join our Midlands FS practice and to lead the business.
The growing presence of financial institutions in the Midlands – including traditional high street banks, challenger banks and building societies as well as back office operations – heralds a raft of new opportunities.
“As the UK economy continues to regionalise, many financial services firms are continuing to recognise the value of the Midlands in terms of its skills, infrastructure and high quality universities and graduate talent.
Financial institutions are looking to grow their operations outside of London as they seek to reduce their cost base and further invest in domestic markets.”
Matt Hammond, PwC’s Midlands regional chairman, said:
“We are delighted to welcome Carl to the Midlands. He brings with him a wealth of knowledge at a time when the region’s FS sector is rapidly expanding.
“PwC is committed to investing in our regional industry hubs across the UK, building specialist sector and technical teams close to our clients, supporting their people and local economies.”
Welcoming the appointment, Stephanie Hyde, head of regions at PwC, said:
“This appointment reflects our investment in supporting the regionalisation of the UK’s FS sector and the appointment of Carl in the Midlands is a vital part of this.
“The sector’s continuing move into the regions is gathering pace.
Two-thirds of people working in the UK’s financial services sector do so outside of Greater London [see Note 1] and our own recent report [see Note 2] highlights the role of the regions in helping the FS sector generate an extra £62bn across the UK, by 2020.”