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KPMG South Africa leadership changes

KPMG South Africa leadership changes

KPMG South Africa leadership changes

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Leadership

KPMG South Africa today announces that Chief Executive Officer, Ms Nhlamulo Dlomu, will be taking up a new global role focusing on organisational culture change and ethical leadership.

She will work with Bill Thomas, KPMG’s Global Chairman, and the Global Management Team in executing on the firm’s global strategic priorities.

Given the scale of the reputational challenges facing both KPMG and the industry, the Board has decided that a new chief executive from outside the firm, with strong industry experience, will optimise prospects of rebuilding trust.

A search to identify a successor is well advanced. In the interim, Professor Wiseman Nkuhlu will serve as Executive Chairman.

Ms Dlomu commented:

“It has been a huge privilege to lead KPMG this past year. Although it has been challenging, we have managed to stabilise the business. This would not have been achieved without the loyalty of our clients, the commitment of KPMG partners and staff, as well as the invaluable input of the business community, civil society and the larger South African public. I look forward to sharing the South African experience with the global body of KPMG, and I’m pleased to be able to continue to support the firm during the transition.

KPMG South Africa Chairman, Professor Wiseman Nkuhlu, commented:

“We are all indebted to Nhlamu for her exceptional contribution to the rebuilding of KPMG in South Africa over the past year. She displayed courage, integrity and sound judgment at a time of great challenge. She helped rebuild the foundations of the firm’s reputation and refocused it as a purpose driven organisation more aligned to the public interest. I know that KPMG International will benefit tremendously from her considerable personal and professional skills.

We have, under Nhlamu’s leadership, already taken many steps to improve the firm, and we need to do more. The challenges facing our industry have grown and we are focused on appointing a candidate who will help further restore confidence in KPMG in this changed environment. I have great faith in the strengths of KPMG and our ability to play a positive role in South Africa.”

© 2019 KPMG Services (Pty) Limited, a South Africa private company and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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