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Capco appoints Peter Schurau and Armin Schmitt as new partners to drive growth in the German market

Capco, the global provider of integrated transformation services and solutions for the Financial Services Industry is pleased to announce the appointment of Peter Schurau and Armin Schmitt as new partners in Germany.

Both Peter and Armin join Capco from BearingPoint where Peter was Senior Vice President and Head of Financial Services EMEA and Armin was Vice President, Head of Banking Germanics. Based in Frankfurt, Germany, Peter and Armin both bring to Capco more than 15 years of experience in Financial Services.

“Germany and its German speaking neighbors are together the fastest growing consulting and IT services market. As part of its overall growth strategy, Capco has aggressive plans for 2007 and beyond in the region,” commented Peter Schurau. Having Peter and Armin, two of the most respected people in the German Financial Services Consulting Industry leading this initiative, will allow Capco to bring its deep domain expertise, its proven solutions and the quality of its people to new and existing clients in the German speaking countries.

Rob Heyvaert, Founder and CEO of Capco, commented: “I am delighted to have two of the leading professional services leaders in the German Financial Services Industry joining Capco as partners. We will focus significant efforts on this exciting and growing market and I’m confident that both Peter and Armin will be great contributors to Capco’s success. The strength of Capco has always been the quality and expertise of its people and with Peter and Armin we have found the leadership team through which we can deliver our growth ambitions in Germany and its neighboring markets.”