Michael Herde Joins FTI Consulting to Transform Financial Services
Michael Herde Strengthens FTI Consulting’s Leadership
FTI Consulting, Inc. has recently appointed Michael Herde as a Senior Managing Director. His arrival is significant for the firm, especially as they expand their Financial Services practice. Michael brings over three decades of invaluable experience in risk and compliance within financial services.
Expertise in Compliance and Risk Management
Based in Boston, Mr. Herde is known for his exceptional skills in risk management, compliance, and governance. He has previously served in senior compliance roles at leading financial organizations, including Charles Schwab and Fidelity Investments. His work has accustomed him to the complexities of managing risk in wealth management and consumer banking.
Navigating Regulatory Changes
Mr. Herde’s expertise comes at a crucial time when the financial services sector is undergoing substantial regulatory transformations. His addition to the team allows FTI Consulting to offer clients tailored compliance and risk strategies that are essential in today's evolving landscape. According to Stella Mendes, the leader of FTI Consulting's Financial Services practice, Michael’s extensive knowledge is vital for organizations needing to adapt to these changes.
A Proven Track Record
Before joining FTI Consulting, Mr. Herde held significant positions overseeing compliance at major firms like GE Capital and UBS Investment Bank. His career began as a defense lawyer in securities regulation, providing him with a comprehensive understanding of both compliance and legal perspectives in finance.
FTI Consulting’s Growth and Development
Michael Herde's role is not only about compliance; it's about fostering a culture of collaboration and expertise within FTI Consulting. As the firm continues to grow its Financial Services offerings, Michael’s leadership will help in addressing the regulatory complexities faced by clients across various sectors.
Commitment to Client Success
In his own words, Mr. Herde expressed excitement about joining FTI Consulting due to its strong team of experts. He emphasized the commitment to helping clients navigate their regulatory challenges effectively. His insight and strategic approach will play a crucial role in assisting clients to maintain control over their risk profiles.
About FTI Consulting
FTI Consulting, Inc. is a recognized leader in crisis and transformation management, operating in 34 countries with over 8,300 employees. The firm's reported revenue for the last fiscal year was an impressive $3.69 billion, showcasing its significant impact on the global consulting landscape. FTI operates in various sectors, ensuring a dedicated approach to meet client needs through its distinct legal entities.
Contact Information
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:
Matthew Bashalany
+1.617.897.1545
matthew.bashalany@fticonsulting.com
Frequently Asked Questions
What is the significance of Michael Herde joining FTI Consulting?
Michael Herde's expertise in compliance and risk management enhances FTI Consulting's ability to navigate regulatory changes in financial services.
What is FTI Consulting's primary focus?
FTI Consulting specializes in crisis management and transformation, providing strategic advice across various sectors, including financial services.
How extensive is FTI Consulting's global presence?
FTI Consulting operates in 34 countries and territories, employing over 8,300 professionals to serve their clients effectively.
What industries does FTI Consulting serve?
The firm caters to a wide range of industries, focusing on risks and compliance issues across sectors such as finance, healthcare, and technology.
How can organizations benefit from Michael Herde's expertise?
Organizations can benefit from Michael's extensive experience in compliance and risk management, guiding them through complex regulatory environments effectively.
About The Author
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