Omar Ali: Global Financial Services Leader and Influential Business Figure
Omar Ali is a highly respected leader in the global financial services sector, recognised for his strategic vision, business acumen, and ability to navigate the complexities of an ever-evolving industry. With over two decades of experience at Ernst & Young (EY), he has risen to become the Global Financial Services Leader, responsible for guiding a workforce of more than 60,000 professionals dedicated to serving financial institutions worldwide. Alongside his role at EY, he chairs TheCityUK, sits on the Finance, Audit and Risk Committee of the England and Wales Cricket Board, and advises the UK Government’s Department for Business and Trade.
His career reflects an extraordinary commitment to shaping the future of financial services, as well as contributing to wider business and public life in the United Kingdom.
Early Life and Education
Omar Ali’s journey into the world of finance began with a solid academic foundation. He attended Langley Grammar School in Berkshire from 1988 until 1995, where his aptitude for leadership and analytical thinking first developed. Following this, he pursued a Bachelor of Science in Business Management at King’s College London, completing his studies in 1998. His academic training provided him with the knowledge and confidence to enter the professional world of management consultancy and financial services.
Early Career
Before joining EY, Omar Ali began his career at NatWest Consultancy, where he worked as a management consultant from 1998 to 2000. This role introduced him to the intricacies of financial services and client-facing strategy. His entrepreneurial spirit then led him to co-found TheRumour, a business venture where he served as Chief Operating Officer from 1999 to 2001. These early experiences honed his ability to combine strategic thinking with practical execution—skills that would prove invaluable as he advanced into senior leadership.
Rise Through the Ranks at EY
Joining EY
In 2001, Omar Ali began what would become a remarkable career at EY. Starting as an Executive Partner, he quickly distinguished himself through his work ethic, client focus, and capacity to build high-performing teams.
Becoming Partner
By December 2006, Ali had already advanced to the role of Partner, a testament to his expertise in banking performance and transformation projects. His ability to deliver results in complex environments positioned him as a trusted advisor to leading financial institutions.
Head of Banking Roles
From 2008 to 2012, he served as UK Head of Banking Performance Improvement, where he played a pivotal role in helping banks navigate post-financial crisis challenges. In 2012, he became UK Head of Banking & Capital Markets, overseeing the transformation of services and strategy for one of the most dynamic parts of the financial sector.
UK and EMEIA Leadership
Omar Ali’s leadership trajectory continued to accelerate. In 2015, he was appointed UK Financial Services Regional Managing Partner, a role he held for five years. During this time, he strengthened EY’s position in the UK market and drove innovation in client services. In 2020, he was promoted to EMEIA Financial Services Client Service Managing Partner, and just months later, to EMEIA Financial Services Regional Managing Partner, overseeing EY’s operations across Europe, the Middle East, India, and Africa.
Global Financial Services Leader
In July 2024, Omar Ali reached the pinnacle of his career at EY when he became Global Financial Services Leader. This role entrusted him with responsibility for more than 60,000 professionals worldwide, serving a sector that represents nearly one-third of EY’s global business. His leadership has focused on driving digital transformation, resilience, and sustainable growth across financial services globally.
External Roles and Contributions
Chair of TheCityUK
Omar Ali’s influence extends well beyond EY. In July 2025, he became Chair of TheCityUK, the membership body representing UK-based financial and related professional services. In this role, he champions the sector’s global competitiveness and advocates for policies that strengthen the UK’s position as an international financial centre. His leadership at TheCityUK reflects his commitment to shaping the future of the industry not only for EY, but for the wider economy.
England and Wales Cricket Board
In October 2024, Ali was appointed to the Finance, Audit and Risk Committee of the England and Wales Cricket Board (ECB). This non-executive position highlights his expertise in governance, risk management, and financial oversight, bringing business rigour to one of the UK’s most beloved sporting institutions.
Advisor to the UK Government
Ali also contributes to public policy as an Advisor to the Board of the Department for Business and Trade, a role he took on in March 2025. His insights into financial services, trade, and investment provide valuable guidance to government decision-makers navigating a rapidly changing economic environment.
Leadership Style and Vision
Omar Ali is known for his inclusive leadership style, strategic clarity, and ability to motivate large, diverse teams. He consistently advocates for innovation, digital adoption, and sustainable practices within financial services. His vision emphasises preparing institutions to respond to shifting customer expectations, regulatory changes, and geopolitical challenges, while maintaining resilience and long-term growth.
Achievements and Recognition
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Global Leadership at EY: Successfully guiding a global team of more than 60,000 professionals in a sector worth billions.
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Transformation Roles: Leading banking performance improvements and overseeing banking and capital markets during periods of immense change.
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TheCityUK Chairmanship: Appointed as Chair to lead discussions on the UK’s role as a financial powerhouse.
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Non-Executive Roles: Bringing expertise to sporting and governmental organisations.
His career is widely admired for balancing corporate leadership with meaningful contributions to society and public service.
Personal Attributes
Colleagues describe Omar Ali as approachable, collaborative, and highly driven. He has a reputation for integrity, intellectual curiosity, and the ability to translate complex issues into actionable strategies. His role as a Freeman of the City of London reflects both his professional stature and personal dedication to the broader community.
Conclusion
Omar Ali’s career represents the best of modern business leadership—deep technical expertise, strategic vision, and a commitment to making a difference beyond the boardroom. From his early days as a management consultant to his current role as Global Financial Services Leader at EY, his journey has been defined by ambition, resilience, and an unwavering dedication to progress.
As Chair of TheCityUK, advisor to the UK Government, and member of the ECB’s Finance Committee, he continues to shape the financial services industry and contribute to British business and public life. His story is one of achievement, influence, and inspiration, marking him as one of the most significant figures in global financial services today.
