KPGM UK partners have elected Bill Michael as Chairman, he succeeds Simon Collins who has held the role since 2012. Michael will oversee the continued growth of the business in the UK, which recently breached $2 billion in revenues.
Bill Michael has been with KPMG for almost 30 years, most recently the firm’s Global Head of Banking and Capital Markets – a role that saw him oversee a network of 17,000 professionals across audit, tax and advisory and the EMEA Financial Services practice. He was previously the head of UK Financial Services, from 2009 until 2014, and Head of Financial Services Audit, from 2005 until 2009. His expertise featured in the high-profile, post-financial crisis, Treasury Select Committee into Banking Standards, and he represents the firm in a number of top table forums such as the FICC Market Standards Board.
In his new role as Chairman at KPMG, he will lead the firm’s 13,500 partners and staff across its from 22 UK offices. He take responsibility for further bolstering the firm’s position, as its revenues in the country recently breached the $2 billion mark. Michael succeeds Simon Collins, who has held the role since 2012, by winning the majority vote of KPMG’s 615 partners. The transition is set to take place in September, with the partners working together to achieve a smooth transfer of command.
Bill Michael, UK Chair-Elect at KPMG, remarks that he is "excited" about leading the accounting and consulting firm to help its clients meet the coming challenges – including Brexit. “The market opportunity for KPMG has never been greater," he explains.
Michael adds that, from an internal perspective, talent management will be one of his main pillars. "Britain is home to the best talent in the world. As we exit the EU we need to retain our best people and build on the opportunities presented by geopolitical change. My priority will be to drive an inclusive culture, which underscores KPMG’s reputation as a magnet for talent. I am determined to pick up the baton from Simon and champion greater diversity both within our own firm and the wider business community.”
Comment on the transfer of leadership, Collins says, “Bill is an energetic and dynamic leader who will enable KPMG to thrive. He has proven experience of running a large complex team and has the skills and experience to guide the firm as we anticipate and respond to the changing needs of our clients. His international experience will also prove invaluable in his new role.”