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KPMG Lower Gulf announces retirement of Chairman Vijay Malhotra

KPMG Lower Gulf announces retirement of Chairman Vijay

Board appoints Nader Haffar to take on dual role of CEO and Chairman of Lower Gulf firm.

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Board appoints Nader Haffar to take on dual role of CEO and Chairman of Lower Gulf firm 

Dubai, 23 June 2019 – KPMG Lower Gulf has announced the retirement of Chairman Vijay Malhotra from the firm in the UAE and Oman with effect from July 31, 2019. The KPMG Lower Gulf board has appointed Nader Haffar to take on the dual role of Chairman and CEO.

 

In October of last year, Mr. Haffar took on the role of CEO of KPMG Lower Gulf and Mr. Malhotra took on the role of Chairman. Since that time, Mr. Malhotra and Mr. Haffar have worked closely together to ensure a smooth transition of the CEO duties and responsibilities. This process has now been completed successfully and after over 45 years of service to KPMG, Mr. Malhotra has decided it is now time for him to step down as Chairman and to retire from the Lower Gulf business.

Commenting on the announcement, Mr. Haffar, Chairman and CEO of KPMG Lower Gulf said, “As a longstanding partner at KPMG, Vijay has decided it is now time for him to enter retirement. We sincerely thank Vijay for his over 45 years of service to KPMG and we wish him the very best in his retirement.”

KPMG Lower Gulf continues to expand in the UAE and Oman by hiring exceptional talent and now employs over 1,200 professionals across the two markets.

About KPMG Lower Gulf

KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. In the Lower Gulf, KPMG has been established since 1973, with practices in the UAE and Oman. Being a leading professional services firm, KPMG is proud of its reputation for delivering cutting-edge solutions and exceptional client value. With over 100 partners and directors leading over 1,200 professionals across offices in Dubai, Abu Dhabi, and Muscat, KPMG assists its clients in solving their most complex business issues in support of their growth objectives.

Contact

Nicholas McDonagh

nicholas.mcdonagh@teneo.com

+971 50 457 2394

© 2019 KPMG Lower Gulf Limited, registered in the UAE and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in the United Arab Emirates. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.

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