FTI Consulting Expands Financial Services Practice with Appointment of Two Senior Managing Directors
04 November 2024 - 11:30PM
FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of
Caitlin Holmes and Mark Sexton as Senior Managing Directors in the
Financial Services practice within the firm’s Forensic and
Litigation Consulting segment, further enhancing the firm’s risk
management and regulatory compliance services.
“Financial services organizations are experiencing an immense
shift in the status quo, leading to a heightened risk landscape,
whether it’s related to new regulations, technological advancements
or competition in the industry,” said Stella Mendes, Leader of the
Financial Services practice at FTI Consulting. “Caitlin and Mark
bring deep knowledge of the regulatory and compliance space and can
address the individual challenges our clients face in order to
implement tailored solutions. I am thrilled to welcome them as we
reinforce our commitment to delivering exceptional value to our
clients.”
Ms. Holmes, who is based in Los Angeles, is a Certified Public
Accountant and has more than two decades of experience in financial
management, risk and compliance, business process design,
remediation and project management. She has advised clients in the
public and commercial sectors on engagements including the standup
of a COVID-19 pandemic relief program and the conducting of a
multimillion-dollar improper payment assessment.
In her role at FTI Consulting, Ms. Holmes will help clients
enhance their financial and operational performance through
strategic assessments and planning, business development, financial
audits and revenue generation. Prior to joining FTI Consulting, she
was a Partner at Guidehouse, where she focused on asset
disposition, transaction management, internal controls, regulatory
compliance and project management within the financial services
industry.
Commenting on her appointment, Ms. Holmes said, “The business
environment is changing rapidly for our financial services clients.
They need a partner who can stand shoulder-to-shoulder with them,
delivering thoughtful, tailored solutions. I look forward to
joining the team at FTI Consulting as we help our clients turn
challenges into opportunities where they can harness value.”
Mr. Sexton is based in New York and has 30 years of experience
in the financial services sector, with deep expertise in enterprise
risk management, regulatory compliance, financial crimes compliance
and capital markets. At FTI Consulting, he will utilize his
regulatory knowledge to help clients design and implement
large-scale risk management and compliance frameworks that align to
business strategy.
Prior to joining FTI Consulting, Mr. Sexton was a Managing
Director in the Promontory business unit of IBM Consulting’s U.S.
Financial Services practice, where he advised clients on the design
and implementation of governance, risk management and regulatory
compliance programs, including the development of joint advisory
and technology solutions for the largest domestic and foreign
financial institutions in the United States. He previously held
senior positions at JPMorganChase, Citibank and KPMG prior to
working in bank supervision at the Federal Reserve bank of New
York.
Commenting on his appointment, Mr. Sexton said, “New business
models, adjacent risks and heightened regulatory expectations in
financial services are creating new challenges and increasing the
cost of non-compliance. I am pleased to join the team of industry
and regulatory experts at FTI Consulting, who understand the need
to deliver actionable advice to clients on how to navigate these
highly complex matters.”
The addition of Ms. Holmes and Mr. Sexton expands the
capabilities of the Financial Services practice, following the
appointment of Beji Varghese as a Senior Managing Director earlier
this year. Professionals within the practice support financial
institutions through all stages of the business cycle to protect
and enhance enterprise value.
About FTI Consulting FTI Consulting,
Inc. is a global business advisory firm dedicated to helping
organizations manage change, mitigate risk and resolve disputes:
financial, legal, operational, political & regulatory,
reputational and transactional. With more than 8,300 employees
located in 34 countries and territories, FTI Consulting
professionals work closely with clients to anticipate, illuminate
and overcome complex business challenges and make the most of
opportunities. The Company generated $3.49 billion in revenues
during fiscal year 2023. In certain jurisdictions, FTI Consulting’s
services are provided through distinct legal entities that are
separately capitalized and independently managed. More information
can be found at www.fticonsulting.com.
FTI Consulting, Inc. 555 12th Street
NW Washington, DC
20004 +1.202.312.9100
Investor Contact: Mollie
Hawkes +1.617.747.1791 mollie.hawkes@fticonsulting.com
Media Contact: Samantha
Ford+1.617.480.7402samantha.ford@fticonsulting.com
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