What's Happening?
Clare Maio has been appointed as the new leader for KPMG's energy and natural resources sector in the UK and Switzerland. She takes over from Simon Virley, who is set to retire in October 2026. Maio, who joined KPMG's partnership in 2022, brings over 20 years
of experience in the sector, having previously worked at Accenture and PwC. She will continue to serve as the global lead partner at KPMG in the UK while assuming her new responsibilities. The transition comes as KPMG aims to support its clients in navigating challenges such as energy security, infrastructure modernization, and sustainability. The UK and Swiss teams were merged in 2024 to enhance support for leaders in oil and gas, mining, and renewables. Maio and Virley will work together over the coming months to ensure a smooth transition.
Why It's Important?
This leadership change at KPMG is significant as it comes at a time when the energy and natural resources sector is facing complex challenges, including the need for decarbonization and digital transformation. KPMG's clients in the UK and Switzerland will benefit from Maio's extensive experience and leadership as they strive to deliver secure and affordable energy while modernizing infrastructure. The appointment also reflects KPMG's commitment to strengthening its advisory capabilities in the energy sector, which has doubled in size over the past five years. As the sector continues to evolve, Maio's leadership will be crucial in helping clients navigate market volatility and sustainability issues.
What's Next?
In the coming months, Clare Maio and Simon Virley will collaborate to ensure a seamless handover of responsibilities and client relationships. As Maio steps into her new role, she will focus on addressing the challenges faced by KPMG's clients in the energy and natural resources sector. This includes supporting efforts in decarbonization, enhancing governance, and improving resilience. The transition is expected to position KPMG as a leading advisory firm in the sector, helping clients adapt to the rapidly changing energy landscape.
