Bob Savic leaves Gib to join KPMG’s London private client advisory team

KPMG in the UK has recruited Russian and CIS tax specialist, Bob Savic, to its London private client advisory practice.

Bob Savic comes to the UK firm from KPMG in Gibraltar which he joined in February this year. Bob has extensive experience of working with clients across the Russian and CIS region. Prior to joining KPMG in Gibraltar, he spent twenty years working across the “big four” in a number of jurisdictions including Russia, Macedonia and Serbia as well as the Far East and Australia.

A native English speaker, Bob is an accomplished linguist, speaking Russian, several east European languages (Bulgarian, Macedonian, Serbian, Croatian and Slovenian) and has a working knowledge of Mandarin Chinese, Malay and Filipino.

At KPMG, Bob’s remit is to lead a tax team of several multi-lingual cross-border specialists assisting high net worth individuals from Russia and the CIS looking to locate in the UK. He is also going to be helping UK based corporate clients and individuals who wish to make outbound investments into the region.

David Kilshaw, chair of the private client advisory practice at KPMG in the UK, said: “The UK, and particularly London, is a magnet for ultra high net worth individuals from Russia and CIS countries such as Kazakhstan, the Ukraine, Azerbaijan, Georgia, Armenia, Belarus and other countries in Central Asia. They tend to have complicated financial affairs and therefore need specialist advice, particularly on tax where our ‘non-dom’ rules are notoriously complex. Bob’s arrival and his focus on the region significantly enhances the range of services we can offer clients from KPMG in the UK and KPMG Europe.”

Bob Savic commented: “By being part of KPMG Europe, the team here in London is ideally placed to benefit from the especially close relationships the firm has with other member firms. Indeed we are already working with fellow KPMG Europe member firms in Russia and other CIS countries to offer services to high net worth individuals over there thinking about coming to London. And we also expect to work closely with other west European member firms’ clients looking to make outbound investments into the Russian and CIS region as business and entrepreneurs seek new growth opportunities.”