New York (July 2, 2002) Big Five firm KPMG has named Joseph Mauriello as vice chairman to its financial services group.

His responsibilities will include overseeing the firm's banking, insurance and real estate practices. He is based in KPMG's New York offices.

Mauriello has been with KPMG for 37 years, during which he has served in a series of executive posts including National Industry Director for the Banking Practice, National Industry Director for Thrifts, and International Banking and Finance Committee chairman.

In that post, Mauriello succeeds Eugene O'Kelley, who was named the firm's chairman and chief executive in April.

Meanwhile, Jerry Licari was named national industry director of KPMG's banking practice. Licari succeeds Robert E. Arning, who was appointed head partner for the firm's financial services practice in New York.

Licari's responsibilities will encompass oversight of the Banking practice, which services investment banks, securities firms as well as investment management firms. He will be located in Charlotte, N.C.

A 34-year veteran of the firm, Licari most recently headed KPMG's Enterprise Risk Management services for the Financial Services practice.

--Electronic Accountant Newswire staff

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