COVID-19: Reaction, Resilience, Recovery, New Reality

Working together to meet the unprecedented challenges of a rapidly changing landscape to establish clarity, emerge with strength, and inspire the future of business.

Anticipate tomorrow. Deliver today.  


New Reality.
Road to new reality:

Choose your industry to explore sector-specific COVID-19 content.


Asset Management

Asset Management:

How we can help 

COVID-19 presents complex challenges for public and private investment firms. To serve as effective stewards of stakeholder capital in times of significant disruption, you must adapt your organization to an uncertain business and economic environment and get ahead of continual marketplace evolution.

With more than 3,500 partners and professionals, a broad spectrum of service offerings, and industry-leading technology, KPMG’s Asset Management practice can help you address today’s most pressing issues and prepare your organization for the post-COVID world. We marry global reach with local enablement to ensure you have the right experience and skills wherever you want to operate. 


Learn more about how KPMG can help:

Alternative Investments

Building, Construction & Real Estate

Public Investment Management


Greg Williams
National Sector Leader, Asset Management

Sean McKee
National Sector Leader, Public Investment Management

Banking & Capital Markets

How we can help

Over the past several weeks, banking and capital markets institutions have been managing through what may be the most significant societal and commercial challenges in generations. Near-term focus has been mobilizing workforces in a new work environment, implementing business continuity planning strategies, and, importantly, supporting the lending programs provided under the CARES Act.

Moving forward in the new reality is likely to require further institutional transformation. You will need to address the potential longer-term effects of the COVID-19 challenge on your overall strategy, as well as your people, processes, and technologies. You may need to make certain operating model changes, such as operational and technology resiliency, acceleration of digitization, branch and location strategy and employee technology and new ways of working.

Though there will be challenges ahead, there will also be opportunities. Together, for better, the banking and capital markets industry will weather this storm.


Peter Torrente
National Sector Leader, Banking & Capital Markets, Partner, Audit

Peter Torrente

Peter Torrente

National Sector Leader, Banking & Capital Markets, Partner, Audit, KPMG US

+1 212-872-5815

KPMG can help in the following areas:

  • Resiliency response and program management
  • Staff augmentation
  • Credit response
  • Risk assessments and response
  • Liquidity, financial, and capital
  • Workforce management
  • Core operations
  • Technology enablement
  • Risk and regulatory changes
  • CARES Act

In the Vault with KPMG: A Banking industry podcast series

Tune in to our discussions with KPMG advisors on many of the key issues and challenges facing the Banking industry now and into the future.

Consumer & Retail

How we can help

The consumer and retail industry is facing serious financial and operational pressures during this time of uncertainty. While the world continues to address the immediate public health impacts of COVID-19, the industry is having a liquidity-focused response to outlast the current economic shutdown. It is clear that COVID-19 will have many permanent, long-term implications for retailers and manufacturers as changes in consumer preferences and buying habits impact the future of commerce. Preparing for this new reality, as well as the business and operational ramifications for companies, will be critical for the future of your business.

Mark Schmeling

Mark Schmeling

National Sector Leader, National Advisory Industry Leader, Consumer & Retail, KPMG US

+1 312-665-2620


KPMG can help in the following areas:

  • Cost take out and working capital strategies
  • Bankruptcy and restructuring planning
  • Workforce strategies and planning
  • Post COVID functional assessment and improvement
  • Supply chain risk management and resiliency
  • Business scenario analysis
  • Business model transformation
  • Digital transformation

Energy & Natural Resources

How we can help

The energy industry is experiencing radical change. The volatile oil and gas prices might be a boon for consumers, but this poses increasing challenges across the value chain. Additionally, many utilities are suspending cutoffs and collections to help their customers, and at the request of state regulators.

With uncertainty driven by quarantines, lost wages, travel restrictions, burgeoning oversupply of crude oil and other factors, organizations across all sectors of the energy industry are exploring how to adjust their businesses, satisfy changing customer demands, and take advantage of new opportunities.

KPMG's energy team has the experience and the knowledge to help energy, natural resources and chemical companies tackle difficult issues and successfully adapt to change. We look forward to meeting the specific needs of your organization.

Explore Global Energy Institutes insights

Regina Mayor

Regina Mayor

Global and U.S. Head of Energy, KPMG US

+1 713-319-3137
View more


Explore KPMG insights by energy & natural resources business line


How we can help

Governments are facing unprecedented challenges caused by COVID-19. Agencies are under significant strain as they work to rapidly mobilize in order to safeguard our citizens, manage the social and economic fallout of the COVID-19 response, and ensure the security of operations.

Immediate action is critical, but leaders must also embrace a new agenda—one aimed squarely at what comes next, for business and all of society. KPMG’s government professionals can help your organization meet today’s difficult challenges and adapt to a new reality responsibly, efficiently and transparently.


KPMG can help in the following areas:

  • Crisis response management
  • Workforce optimization
  • Telework and virtualization
  • Financial impact planning
  • Cyber security strategy
  • Critical asset protection
  • Grants compliance and management
  • Supply chain strategy
  • Future operations management

Explore Government insights

Lorna Stark
National Industry Leader, Government & Public Sector

Film date: 5/1/2020



Lorna Stark

Lorna Stark

National Industry Leader, Government & Public Sector, KPMG US

+1 212-872-3396

Healthcare & Life Sciences

How we can help

As the healthcare and life sciences industry focuses all of its attention on diagnosing and treating COVID-19 patients, your organization also needs support to keep operations functioning as best they can. At the same time, many of the programs, technologies and protocols you put into place now will continue to be valuable even after the outbreak is behind us.  

KPMG is proud to support healthcare and life sciences organizations on the front lines. We offer a range of services to help you provide better patient care, accelerate treatments and vaccinations, protect your own well-being, and safeguard the long-term viability of your business

Explore Healthcare and Life Sciences insights

Ash Shehata

Ash Shehata

Principal, National Sector Leader for HCLS, KPMG US

+1 513-763-2428


Explore KPMG insights by healthcare business line

Industrial Manufacturing

How we can help

As the world addresses the impacts of the COVID-19 public health challenge, industrial manufacturing companies are facing unprecedented disruption to business and operating models. Like many in the industry, you are probably anticipating significant financial and operational consequences as the challenge continues to unfold. 

To navigate today’s uncertainty, you will need to de-risk your business quickly and take action to help protect employees, customers and partners. KPMG’s industrial manufacturing professionals can help you both manage difficult times and prepare for a new reality.

KPMG can help in the following areas:

Business continuity

Workforce strategies and planning

Multinational operations 

Working capital, liquidity and debt management

Supply chain disruption

Tax, trade, and policy implications

Explore Industrial Manufacturing insights

Brian Heckler
National Sector Leader, Industrial Manufacturing


Brian Heckler

Brian Heckler

National Sector Leader, Industrial Manufacturing, KPMG US

+1 312-665-2693


How we can help

Today’s insurers face a wide range of complex challenges, including financial market uncertainty, evolving consumer demands, and increasing pressures from digital-savvy new competitors. Current disruptions—propelled further by the challenges of COVID-19—is pushing organizations to rethink strategies, redesign financial and capital models, revamp sales, support processes and services with technology, and drive growth in emerging markets through product innovation.

KPMG’s insurance team views your current challenges as possible breakthroughs. As you rethink the way you conduct business, we can help you transform today's uncertainty into sustainable advantage. With a global footprint and cutting edge thinking, we provide insurers with integrated strategies and approaches to help create and protect value, mitigate risk, and uncover opportunities in times of change.

Ed Chanda

Ed Chanda

Partner, National Sector Lead, Insurance, KPMG US

+1 614-249-1887

International Corridors

How we can help

The spread of COVID-19 has disrupted global economies and markets on an unprecedented scale and introduced new challenges across the international business landscape. To address the many strategic and tactical issues and respond with resilience, business leaders are tasked with applying practical and agile approaches.

KPMG’s international corridors leverage our extensive global network and in-depth cross border experience to bring executives the real time on-the-ground perspective as they navigate the uncertainties and challenges arising from a globally integrated business environment.

Linda Zhang

Linda Zhang

Partner in Charge – US International Corridors, KPMG US

+1 212-954-2423

Private Enterprise

How we can help

As the global response to the COVID-19 pandemic disrupts supply chains, financial markets and day-to-day business activity, the private company agenda has suddenly shifted. You will need to focus on resilience measures, ensuring your risks are managed and your employees and clients are protected.

With experience serving companies at every step of the business journey, KPMG’s Private Enterprise team can help you address urgent business issues and navigate the evolving business landscape.   

KPMG can help in the following areas:

  • Business continuity, planning, and forecasting
  • Workforce strategies and planning
  • Mergers and acquisitions
  • Working capital, liquidity, and debt management
  • Operations and supply chain management, planning, strategy and analytics
  • Tax planning and considerations related to COVID-19 legislation and programs

Explore Private Enterprise insights

Conor Moore
Partner, National Channel Leader, Audit


Conor Moore

Conor Moore

Partner, National Leader, KPMG Private Enterprise, KPMG US

+1 415-335-8401

Privately Speaking: The board’s view of Covid-19

Five key areas private company boards should be focusing on in the coming months.

Private Equity

How we can help

The private equity industry faces unique challenges as a result of COVID-19 conditions. Organizations are seeking advice, guidance and support in urgent and critical areas, including liquidity optimization, debt restructuring, portfolio company valuation, and activities related to the CARES Act and other federal, state and regulatory stimulus packages.

KPMG’s Private Equity practice has the knowledge, insight and industry expertise to help you address today’s marketplace challenges and prepare for a changed future business environment. Our global network of private equity professionals will be there every step of the way, demonstrating our steadfast commitment to the industry. 

Gavin Geminder
National Sector Leader, Private Equity

Gavin Geminder

Gavin Geminder

National Sector Leader, Private Equity, KPMG US

+1 415-963-7177

Technology, Media & Telecoms

How we can help

Technology, media and telecommunication companies are playing a crucial role in addressing the COVID-19 challenge. The world is relying on your industry to provide the technology services and infrastructure necessary to enable the public health response, keep people connected with their loved ones, and help employees work and students learn remotely.

At the same time, you are dealing with unprecedented business disruption. While continuing to meet these critical needs, you must also help protect your employees, customers, and partners.

KPMG’s technology, media and telecommunications professionals can help you respond resiliently to both immediate and future challenges facing your industry.

Learn more about our services here:

Business continuity

Workforce strategies and planning

Multi-nationals operations impact

Working capital, liquidity, and debt management

Supply chain disruption

Tax and trade policy implications

Tim Zanni
Partner, Audit


Tim Zanni

Tim Zanni

Global and U.S. Technology Sector Leader, KPMG US

+1 408-367-4100

COVID-19 and the media industry

Rapidly shifting market dynamics drive need for a coordinated strategic response from all media companies.

The importance of ESG for Tech

COVID-19 can galvanize the tech sector to become the ESG leader.

Technology supply chain disruption

COVID-19 supply chain disruption at technology companies calls for change.

Cross-industry COVID-19 content 





Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.


Webcasts and podcasts

View upcoming COVID-19 audio and video content.





A Bridge Past COVID-19 UPDATE: Charting the Economic Cliff

KPMG's Office of the Chief Economist analyzes potential scenarios of recovery from the impact of COVID-19.

Government programs are an economic bridge to the future, which will prevent depression but not a recession.
Constance L. Hunter

KPMG’s Office of the Chief Economist is continuously monitoring key developments in this unprecedented situation and refinements to the economic model occur daily. Check back often for updated research and reports.


Unprecedented Job Losses 

Watch KPMG Chief Economist Constance Hunter’s analysis of the April 2020 jobs report, and why she feels the report both overstates and understates the issues in the labor market. 

Constance L  Hunter

Constance L Hunter

Chief Economist, KPMG US

+1 212-954-3396


Retail Sales Post Record Decline

Retail sales dropped by a record 16.4% in April as COVID19 continues to impact economic conditions. KPMG Senior Economist Ken Kim provides his analysis on the data. 

Kenneth Kim

Kenneth Kim

Senior Economist, KPMG US

+1 212-954-6144