Sunday , February 28 2021

KPMG SA appoints new CEO

KMPG South Africa announced on Wednesday that he had appointed Ignatius Sehoole as his new chief executive officer.

Sehoole, who is expected to take up the post on May 1, 2019, will take over from Nhlamulo Dlomu.

"I am very honest and look forward to the opportunity to help lead KPMG SA. It's vital that the profession is rising to the challenges that it faces, and here is a # The national interest is that KPMG is part of the answer, "he said in a statement.

"My main priority in KPMG will be to continue to restore client confidence and yet KPMG will be firm where the best people want to work. I look forward to the opportunity to accelerate this rehabilitation period."

The company said in a statement that Dlomu would take a "global global role with KPMG, focusing on organizational cultural change and ethical leadership". Yes First announced that Dlomu would be replaced as CEO in early October.

He did not say what his new role would be.

& # 39; Falling short & # 39;

Allegations that the AC branch of the audit company is complicated in state capture due to its recent investigation of Gupta-related entities and work on the unit report fraudulent & # 39; as it is called – whose findings have been pulled back – have seen its reputation takes hammer.

In September 2017 the company cleared many of its leading leadership, and appointed Dlomu as his new head. After apologizing for "reducing less than the standards we set ourselves," a number of local companies have put the most out of use as external auditors.

It was suspended by the South African Business Leadership Business Advocacy Group in September 2017. This suspension was raised last month, with BLSA praising the company's commitment to change and transparency.

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