David J. Reavy, a 28-year veteran of the firm, who has served some of the world's largest banks, has been appointed National Sector Leader for KPMG's U.S. Banking & Capital Markets practice. Reavy is a longstanding member of the Banking & Capital Markets leadership team, where he helped establish and implement KPMG's strategic approach to the banking and capital markets industry.

"Dave's extensive experience in the banking and capital markets industry, along with his in-depth understanding of the key issues facing our clients, uniquely positions him to lead this sector," said Jim Liddy, chairman of KPMG's global Financial Services practice.

An Audit partner based in New York, Reavy began his career at KPMG in 1989, in the firm's Philadelphia office. He also worked in the firm's Charlotte office. In addition, he has served as a U.S. Securities and Exchange Commission (SEC) reviewing partner.

"I am thrilled to have the opportunity to lead this incredible group of partners and professionals as we enter one of the most transformational periods for the banking and capital markets industry, which is being driven by the acceleration of technological change and increasing customer expectations," said Reavy.