In a strategic move to bolster its consulting capabilities, insolvency firm KordaMentha has appointed Scott Tanner, the former chief executive of the Bank of Melbourne, to lead its financial services sector consulting team. Tanner’s extensive experience in the financial services industry spans nearly four decades, making him a valuable addition to the firm’s process improvement advisory division. He officially began his role on October 2, 2023.
This appointment comes on the heels of KordaMentha’s recent expansion into technology advisory services, which was launched mid-year. The firm’s clients and markets leader, Peter Konidaris, is spearheading this initiative to broaden KordaMentha’s advisory offerings. Konidaris, who previously served as the managing partner at PwC in Melbourne, now oversees a team of approximately 12 professionals within KordaMentha’s broader partnership of around 80 members.
Tanner’s career is marked by significant leadership positions. He served as the CEO of the Bank of Melbourne for over six years before moving to Westpac in 2017, where he held the roles of chief operating officer and later, chief digital officer. His experience also includes a tenure as the CEO of St George Bank (Victoria), as well as more than 15 years at the consultancy Bain & Company and a decade at NAB.
In addition to his new role, Tanner holds several other positions. He is the executive chairman of real estate firm Kay & Burton, the managing director of broker GreenBack Capital, and the chairman of IMRA, a manufacturer of medical products. His diverse background equips him with the insights necessary to guide KordaMentha’s clients through the complexities of the financial services sector.
The expansion of KordaMentha’s advisory business reflects a growing demand from clients for enhanced consulting services, especially in the rapidly evolving financial landscape. With Tanner at the helm of the financial services consulting business, KordaMentha aims to leverage his extensive network and expertise to better serve its clientele and drive future growth.
