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The Actuary The magazine of the Institute & Faculty of Actuaries

KPMG appoints David O’Hara to lead Scottish investment team

KPMG in the UK has appointed David O’Hara as a principal investment consultant to lead its newly established Scottish Investment Advisory team.

He will be based in Glasgow and will report to Patrick McCoy, head of Investment Advisory for KPMG in the UK. The team will advise clients on their investment arrangements and will work alongside the Scottish Pensions team led by KPMG partner, Donald Fleming.

Mr O’Hara (pictured) is a Fellow of the Faculty of Actuaries and has 13 years’ experience in the UK pensions and investment industry. He joins KPMG from Hymans Robertson where he provided investment advice to a range of major private and public UK pension schemes, most recently to those with total assets under advice of approximately £6.5bn. He holds an honours degree in statistics from Glasgow University.

KPMG’s Investment Advisory practice provides investment advice to institutional clients including pension fund trustees, corporate bodies and the financial services market. The firm believes that the Scottish market presents a significant opportunity for further growth in this area.

"David’s experience in providing strategic risk management and fund manager advice is a great addition to our team," said Patrick McCoy. "We are delighted to welcome David to the firm and are very excited about the Scottish business. The KPMG Fiduciary Management Advisory Service will be a unique offering within the Scottish Trustee market."

David O’Hara said: "I look forward to establishing a strong Scottish team and making a solid contribution towards the future growth of the business. I believe that the corporate and trustee markets are looking for advice that encompasses all of their issues and delivers proactive and pragmatic solutions."