Deron Weston appointed head of banking and capital markets at Deloitte US

Deron Weston has been named sector leader for banking and capital markets within the financial services industry practice of Deloitte US.

Based in Raleigh, Weston will oversee a practice that serves clients in retail banking, wealth management, payments, corporate and investment banking, transaction banking, and market infrastructure segments. He will lead a team that delivers services in strategy, operations, M&A, finance risk and capital transformation, data and analytics, customer lifecycle, technology, and cyber.

A principal at Deloitte Consulting, Weston will also continue to lead its banking and capital markets sector.

Weston has more than 30 years of experience in the banking industry, including more than 20 years spent at Deloitte. He has led engagements in channel strategies, operating model design, M&A operational integration, system implementations, organizational and process design, and regulatory/compliance remediation.

“Deron has strong relationships across the banking and capital markets industry and will play a key role in delivering Deloitte’s strong capabilities to our financial services clients,” said Monica O’Reilly, vice chair and US financial services industry leader for Deloitte. “We have an incredible opportunity to accelerate growth and deliver innovative solutions for our clients as the industry continues to evolve.”

Prior to joining Deloitte, Weston held several roles at a commercial bank headquartered in North Carolina. He has an MBA from the University of North Carolina at Chapel Hill and a bachelor’s degree in economics from Wake Forest University.

“The banking and capital markets industry is going through tremendous change, and I’m proud to help our clients through this transformation,” Weston said. “With the future of financial services rapidly taking shape, we are excited to help financial services organizations aspire to a higher bottom line.”