KPMG has appointed Senior Audit Partner of KPMG US William O’Mara as its new Global Head of Audit. O’Mara will report to KPMG International Chairman John Veihmeyer and has been tasked with continuing the firm’s transformation aimed at enhancing the value of its audit services.
William O’Mara takes on the role of Global Head of Audit of KPMG International with extensive international experience, most recently gained while serving as a Senior Audit Partner in the US member firm of KMPG. During this time, he served as KPMG Global Lead Partner for several of the US firm’s largest multinational clients and served a term on the Board of Directors of KPMG US. Prior to his career at the audit and consulting firm, he fulfilled several senior executive roles in the financial services and industrial sectors.
As Global Head of Audit, O’Mara takes over the reins from Larry Bradley, who led the practice since 2013, and will serve on the firm’s Global Management Team, led by KPMG Chairman John Veihmeyer.
“Bill brings outstanding experience and qualifications to this role at a time when we are focused on continually improving audit quality and seeking to lead an unprecedented transformation to enhance the value of the audit for capital markets and investors. […]Bill takes the helm to lead us further into our transformation through continuing to deploy innovative technologies and processes that deliver consistently greater audit quality, performance and value,” comments Veihmeyer.
O’Mara adds: “Building upon the excellent foundation that Larry set, my mandate is to continue to raise the bar on audit quality and drive innovation throughout our practices. Companies all over the globe are dealing with a barrage of complex financial, risk and regulatory challenges, and these affect the capital markets and users of financial and non-financial information. As auditors, we are committed to help address these issues by offering assurance over what matters to stakeholders and with innovative cutting-edge audit processes and tools, such as utilising data and analytics to drive audit quality and surface actionable insights from audit evidence.”