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Generic business image for news article Image: Davies

24 April 2024
UK
Reporter Diana Bui

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Davies promotes Vallejo to CEO of consulting division

Professional services and technology business Davies has promoted Pino Vallejo to CEO of its global consulting division, formerly known as Sionic.

Vallejo joined Davies in 2015, having served in senior roles in the banking and markets team.

His multidisciplinary background spans finance, operations, international business and regulatory environments.

The consulting division at Davies incorporates eight practices: asset and wealth management, banking and markets, customer experience, assurance, financial crime and compliance, insurance, people and organisational performance, and specialist operations.

Under Vallejo’s leadership, it forms part of Davies Global Solutions, which also incorporates the SaaS technology suite and insurance services, and forensic accounting businesses.

On his appointment, Vallejo says: “The offering we have built over the years in the consulting space and now under the Davies banner is impressive, and I believe that our best days are still ahead of us.”

Mark Grocott, CEO at Davies Global Solutions, states: “[Vallejo’s] extensive experience across the financial sector will be a fantastic asset as we continue to grow our operations across the world, invest in our people and provide an exceptional level of service to our clients.”

In 2021, Davies acquired the financial services consulting firm Sionic, rebranding it to Davies last year.

The acquisition enabled Davies to diversify and broaden its consulting offering and expertise.

Davies operates across 15 countries with a team of over 8,000 professionals, servicing more than 1,500 insurance, financial services and public sector businesses.

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