Capco, a provider of consulting and managed services to the financial services industry, has named Alvi Abuaf to partner and leader of its North America wealth and investment management group.
Abuaf (pictured) brings nearly two decades of consulting experience in wealth management, consumer and commercial banking, capital markets, real estate and insurance.
Prior to joining Capco, Abuaf was investor, president and chief executive of CPM Braxis USA. Earlier in his career he was managing pirector at Citi; vice president and FSI practice lead at Capgemini; and partner at Ernst & Young.
"Alvi Abuaf brings an immense amount of industry knowledge in wealth management, investment management and investment services to Capco," says Capco chief operating officer and North American practice leader Tom McKelvey. "Alvi has deep insight on the market forces that are influencing the financial investment space. Under his leadership, Capco’s wealth and investment management group will continue to provide our clients with deep strategic insight and capabilities to build their business."
"The industry is at an inflection point as we come out of the financial crisis," says Abuaf. "New focus on growth, regulatory changes and ever increasing innovation represent significant opportunities for the financial services industry and consequently for consulting. Capco has world class talent and deep expertise and therefore is uniquely positioned to serve this sector."