New chairman elected at KPMG global

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MUMBAI: William B Thomas, 49, has been elected chairman of KPMG international and is set to replace John B Veihmeyer who is completing his term in September this year, the firm said Thursady.

Thomas was elected by all the partners of KPMG, including partners in the India team.

Thomas, who was elected to his new role by KPMG International’s Global Council, has served as Chairman of KPMG’s Americas region since 2014 and has been a member of the Global Board since 2009. He has been a leader in defining KPMG’s global strategy and a champion in promoting an inclusive and high-performing culture throughout the KPMG network, the firm said in a statement.

Thomas was also a CEO and Senior Partner of KPMG in Canada from 2009 to 2016, leading the firm in achieving strong growth in the market, and making strategic investments that contributed to expanding the firm’s capabilities. In his 28 years with KPMG, Bill has also held a number of leadership roles in the Canadian firm and within KPMG International, and has served as an audit partner for prominent clients in a variety of industries, the statement added.

KPMG in India too has seen a change in leadership this year. KPMG India board recently nominated Arun Kumar, an Obama administration member and an old global hand in the professional service major, for the chief executive role. Kumar replaced Richard Rekhy as the India head.