Heriberto Arias Joins KPMG as New Partner for Deal Advisory in Canary Islands
Portfolio - People | Feb 28, 2025 | Finance Community ES 3 - Private Bankin
Heriberto Arias has joined KPMG as the new partner for the Deal Advisory division in the Canary Islands. Bringing over two decades of experience in the financial sector and private banking, Arias is poised to enhance KPMG's services across the autonomous community of the Canary Islands. His expertise spans financial management, private and corporate banking, as well as investment in alternative markets. Arias's career includes stints at Morgan Stanley and Bankinter, where he held significant management positions. Additionally, before KPMG, he led investments at a prominent family office in the Canary Islands. As a certified EFA, Arias holds academic credentials in Economics and Corporate Finance and actively contributes as an educator in macroeconomics and economic perspectives at multiple universities. This strategic hire demonstrates KPMG's commitment to strengthening its Deal Advisory services, which currently employs around 550 professionals in Spain and aims to support corporate transactions such as mergers, acquisitions, and capital optimization. The division has recently seen significant growth, adding 140 professionals and achieving an 11% revenue increase in the last fiscal year.
Sectors
- Financial Services
- Management Consulting
Geography
- Spain – The article is focused on KPMG's operations and strategic appointments within Spain, specifically mentioning the Canary Islands as the region of interest.
- Canary Islands – The specific geographical focus of the appointment of Heriberto Arias to KPMG's Canary Islands office highlights the importance of this region in the firm's strategic expansion.
Industry
- Financial Services – The article discusses the appointment of Heriberto Arias to KPMG, indicating the financial industry background pertinent to the advisory services and banking sector.
- Management Consulting – KPMG's Deal Advisory services fall under management consulting, as they provide strategic advisory, mergers, acquisitions, and financial restructuring services.
Financials
- 11% – The growth in revenues that KPMG's Deal Advisory division experienced in the last fiscal year.
- 140 – The number of professionals that have joined KPMG's Deal Advisory division in the recent past fiscal year.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Heriberto Arias | New Partner, Deal Advisory | Person | Heriberto Arias, with over 20 years of experience in the finance and investment sector, joins KPMG as a new partner for Deal Advisory in the Canary Islands. |
| KPMG | Employer | Company | KPMG is a global network of professional services firms providing audit, tax, and advisory services. The article centers on its strategic expansion in the Canary Islands through new appointments. |
| Morgan Stanley | Past Employer | Company | Arias started his career at Morgan Stanley, specializing in wealth management. |
| Bankinter | Past Employer | Company | Arias furthered his career at Bankinter, where he held significant managerial roles in private and corporate banking. |