KPMG in Bermuda has promoted four employees to directorships, while expanding its advisory practice with four new appointments.

The professional services firm said that the appointments have been made because business needs are constantly changing with new and evolving regulation and governance requirements, geopolitical movement and technological development.

The new directors are Andrew Shailer, Kevin O’Reilly, Nicki Griffiths and Minesh Ranchod.

Joining the staff of KPMG Bermuda are Dr Edward Fitzgerald, Alex Xu, Troy Dort and Nathan Bickley-May.

Mr Shailer, who is Bermudian, returned to the Bermuda office in 2011 after a long-term secondment with KPMG UK in London. Since returning to the island, he has managed many of the largest restructuring engagements in the advisory department, including significant liquidation appointments in the insurance, investment and local sectors, the firm said.

Mr O’Reilly joined KPMG in Bermuda in 2018 from Allianz Insurance in the UK. He works in the FRM team, assisting with audits of insurance clients and providing actuarial services to clients across reserving, regulation and capital projects. The firm said that he has recently taken on the loss reserve specialist role across several insurance clients.

Ms Griffiths, who is Bermudian, joined KPMG in 2011, having previously worked at Marsh in Bermuda. The firm said that she has played a key role in the successful management and development of KPMG’s HR business.

Mr Ranchod joined KPMG in Bermuda in 2013, having previously worked in South Africa. He is part of the insurance audit team and has been the lead manager on a number of key audit clients, the firm said.

In addition to his audit responsibilities, Mr Ranchod has also contributed to a number of other areas in the audit department including being an active member of the firm’s technical committee, playing a key role in the firm’s offshoring strategy and, more recently, being involved in the development of KPMG Bermuda’s impact assurance service offering.

The firm said that Dr Fitzgerald will be spearheading the firm’s healthcare practice and has been working in Bermuda since January last year to support the Bermuda Hospitals Board and the Ministry of Health. He joins from KPMG's healthcare advisory practice in the UK.

Mr Xu joins KPMG’s actuarial leadership team, bringing to the firm more than 20 years of experience focused on property and casualty re/insurance.

Mr Dort will be leading the IT advisory practice and has more than 20 years of experience. The firm said that he will be focused on assisting clients with all aspects of their IT agenda, including digital transformation and protecting their digital assets.

Mr Nathan Bickley-May has more than 13 years of experience and is a JIEB-qualified insolvency practitioner. He joins the restructuring team, concentrating on advising organisations on restructuring and insolvency matters.

Mike Morrison, CEO, said: “Our people are our biggest asset. I congratulate our four new directors and thank them for their ongoing contribution to the firm.

“It is particularly exciting that two of them are Bermudian — our graduate programme is supporting a number of Bermudian future leaders.

“Looking at the breadth and depth of our teams makes me excited about our future and how we can support our clients.”

Charles Thresh, managing director and head of advisory, said: “Supporting our clients as they are adjusting business models in our new normal is paramount. The skills these leaders bring to our local market is impressive.

“Our clients can continue to rely on us to bring the best insights and services KPMG has to offer globally with a Bermuda context, with key subject matter professionals at hand locally that are connected to our global network of specialists.”