JOHANNESBURG – Audit firm KPMG South Africa said on Tuesday that Ignatius Sehoole has taken up his role as chief executive.
Sehoole was announced as KPMG’s new chief executive officer at the end of November 2018, after Nhlamulo Dlomu stepped down to work with the global management team on the firm’s global strategic priorities.
Dlomu was appointed last year after KPMG suffered reputational damage over work it did for companies owned by the controversial Gupta family and for the national revenue service. It fired its previous leadership over the scandals.
Sehoole, an experienced leader in the accounting profession, having served a successful two-term role from 2000-2009 as the executive president of the South African Institute of Chartered Accountants (SAICA), was expected to take up this role on 1 May.
KPMG SA chairman Professor Wiseman Nkuhlu welcomed Sehoole to the firm, saying he was a strong leader with extensive experience both in the auditing profession and the broader business environment.