Banking Transformation Expert David Schiff Joins FTI Consulting
July 22 2024 - 7:30AM
FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of
David Schiff as a Senior Managing Director in the Financial
Services practice within the firm’s Corporate Finance &
Restructuring segment.
Mr. Schiff, who is based in Los Angeles, joins with more than 20
years of experience in conceiving, designing and executing
transformational initiatives across the financial services
industry. In his role at FTI Consulting, Mr. Schiff will have a
special focus on working with regional and super-regional bank
leadership and client-facing teams to materially enhance
performance by improving growth, optimizing operations and
enhancing customer and enterprise value.
“The financial services industry is facing economic and
regulatory pressures not seen in decades that are transforming
fundamental day-to-day operations and forcing institutions to make
strategic changes,” said Dave Messinger, a Senior Managing Director
in the Financial Services practice within the Corporate Finance
& Restructuring segment at FTI Consulting. “David’s industry
expertise strengthens our team’s ability to create value for our
clients.”
Prior to joining FTI Consulting, Mr. Schiff was a Senior Partner
and the National Head of Retail and Consumer Banking at West Monroe
Partners, where he led transformational initiatives that addressed
clients’ most critical challenges, such as enhancing balance
sheets, reducing costs, optimizing operational risk and improving
regulatory readiness. Prior to that, he was a Principal and served
as the Banking Experience Transformation Lead at
PricewaterhouseCoopers.
Commenting on his appointment, Mr. Schiff said, “In order to
thrive in the modern banking industry, financial institutions need
to overhaul the way they operate as they face economic, regulatory,
operational, organizational and technological challenges and
uncertainties. I look forward to joining my colleagues at FTI
Consulting as we tap into our diverse industry expertise to guide
our clients through these critical transformational journeys.”
The Business Transformation practice at FTI Consulting provides
solutions that support a variety of client needs in an evolving
business landscape, including revenue growth, operating model
redesign, organizational change, operational improvements,
turnaround management and asset portfolio optimization, among
others.
About FTI Consulting FTI Consulting, Inc. is a
global business advisory firm dedicated to helping organizations
manage change, mitigate risk and resolve disputes: financial,
legal, operational, political & regulatory, reputational and
transactional. With more than 8,000 employees located in 33
countries and territories, FTI Consulting professionals work
closely with clients to anticipate, illuminate and overcome complex
business challenges and make the most of opportunities. The Company
generated $3.49 billion in revenues during fiscal year 2023. In
certain jurisdictions, FTI Consulting’s services are provided
through distinct legal entities that are separately capitalized and
independently managed. More information can be found at
www.fticonsulting.com.
FTI Consulting, Inc. 555 12th Street NW
Washington, DC 20004 +1.202.312.9100
Investor Contact: Mollie
Hawkes+1.617.747.1791mollie.hawkes@fticonsulting.com
Media Contact: Matthew
Bashalany+1.617.897.1545matthew.bashalany@fticonsulting.com
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