Bill Michael succeeds Simon Collins as Chairman of KPMG UK

08 March 2017 Consultancy.uk

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.

Bill Michael KPMG

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.”

Globally KPMG booked revenues of $25.4 billion in its latest fiscal year, with Advisory the firm's star performer.

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Grant Thornton UK appoints five new Partners

23 April 2019 Consultancy.uk

Sergio Cardoso, Matt Maltz, Jessica Patel, Marc Roberts and Nick Warner have been appointed as partners at Grant Thornton. With the company undergoing a year of transition under new leadership, the new members will help consolidate the firm’s offering as it looks to reach new levels of growth in 2019.

2019 sees Grant Thornton’s UK wing undergoing a process of transformation. As the group looks to ensure its teams “provide the right level of support for profitable growth” and create an environment that “makes it easier for our people to do great work”, the firm has announced a succession of senior appointments across its regional divisions.

In February, this saw Chris Petts and James Bulloss named Partner and Director in the North East and Yorkshire respectively. Now, the UK’s sixth-largest auditing and consulting firm has confirmed the installation of a further five Partners across its UK team.

Sergio Cardoso is a long-standing Grant Thornton employee, having joined from Daniel Auerbach & Company – where he was an Accountant – in 2005. Cardoso rose steadily through the ranks since then, taking up his most recent role as Audit and Assurance Director in 2015. In that role, he focused on dynamic, fast-growing and entrepreneurial private companies, as well as multinational and AIM-listed groups. He now takes up the position of Partner in Grant Thornton’s audit practice.

Grant Thornton UK appoints five new Partners

Nick Warner has been appointed as a partner in Grant Thornton’s VAT team based in London. Bringing more than 20 years of experience in tax to the role, Warner joins the firm from Moore Stephens, where he most recently was VAT Partner, during a five-year stay with the firm. Prior to that, Warner was a Partner in VAT at BDO and PKF UK. He also spent five years at HMRC as a Higher Executive Officer.

Matt Maltz is the first of three Partner appointments in Grant Thornton’s real estate tax division. A former EY Partner in real estate tax, Maltz spent 17 years with the Big Four firm. In his new position with Grant Thornton, he will tackle similar client areas, as a Partner in real estate tax.

Jessica Patel has also been promoted as a Partner in the firm’s real estate tax practice, having been with the firm for more than 15 years. Patel joined Grant Thornton as a trainee in 2003. She is a licensed member of both the Association of Tax Technicians and the Chartered Institute of Taxation. As a Partner, Patel will advise a wide variety of clients ranging from UK property investors and developers to overseas investors and property funds.

Marc Roberts is another Big Four alumnus to join Grant Thornton as a Partner. Roberts exited EY to take up his new position, having been an Associate Partner and real estate advisory lead at the company. With more than 25 years of experience in the financial services sector, Roberts also formerly held a Directorship and headed the corporate finance real estate advisory team at fellow Big Four firm PwC.