Contact: Emma Thorogood
Deloitte
Public Relations
+44 207 303 6264

Deloitte, the business advisory practice, has announced today the appointment of Kari Hale as partner responsible for developing strategic solutions for financial services clients. Kari will also assume responsibility for Deloitte’s relationship with some of our key financial services clients when he re-joins the partnership with effect from June 2007.

Kari Hale will take up this senior role in the financial services practice at Deloitte from the Financial Services Authority where he is currently director of the Finance Strategy & Risk division and the accounting and audit sector team leader. Kari was previously the FSA's banking sector leader.

He has been at the FSA since June 2004 where he has been a member of both the Executive and the Regulatory policy committees, with particular responsibility for the FSA’s business planning and economic analysis, its Financial Risk Outlook, International Regulatory Outlook, and the FSA’s relationship with the accounting profession. Prior to joining the FSA, Kari was a partner at Deloitte.

Russell Collins, head of Deloitte’s Financial Services practice, commented: “Kari brings with him over 20 years experience in the financial services industry. His knowledge of key developments in the industry, including the continuing flow of regulatory initiatives, will further enhance our ability to provide strategic advice in our service to clients. Kari will be responsible for developing and leading some of our most important initiatives in the sector and I very much look forward to working with Kari again.”

Kari Hale, commented, “I feel extremely fortunate to be moving from one very fulfilling challenge with the FSA, to this exciting opportunity to use my knowledge and experience to ensure that Deloitte's strengths are best aligned to help their financial services clients respond effectively to the profound challenges and opportunities facing them over the coming years

Commenting on Kari’s appointment, John Connolly, Deloitte’s Senior Partner and Chief Executive in the UK, said: “I am delighted to welcome Kari back to Deloitte. Financial Services is our largest industry sector and Kari’s expertise will be highly valued by our clients. This appointment is one of a series of high calibre appointments to our financial services practice and we plan further expansion to reinforce our market leading position.”

Ends

Notes to editors:

Kari Hale was a partner with Deloitte in the UK from July 2002 until May 2004. Between 1986 and 2002 he was with Arthur Andersen in the UK.

About Deloitte:

In this press release references to Deloitte are references to Deloitte & Touche LLP which is among the country’s leading professional services firms, providing audit, tax, consulting and corporate finance services. Deloitte & Touche LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu (‘DTT’), a Swiss Verein whose member firms are separate and independent legal entities. Neither DTT nor any of its member firms has any liability for each other’s omissions. Services are provided by member firms or their subsidiaries and not by DTT.

Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority.

The information contained in this press release is correct at the time of going to press.