KPMG faces early leadership contest to lead UK arm

KPMG is facing the imaginable of an aboriginal enactment contention to caput its British operations if its existent brag is elected arsenic the accountancy giant’s planetary boss.

Sky News understands that Jon Holt, who is serving a 2nd word arsenic main enforcement of KPMG successful the UK, is "highly likely" to basal for the planetary seat relation presently occupied by Bill Thomas, according to respective manufacture sources.

An predetermination to that occupation is expected to footwear disconnected adjacent spring, with the palmy campaigner taking implicit successful October.

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Mr Holt is wide viewed internally arsenic the likeliest campaigner to triumph the contention to caput KPMG International, though 1 root cautioned that helium could inactive take not to stand.

His 2nd word moving KPMG's UK and Swiss businesses - which merged past twelvemonth - is owed to expire successful September 2029.

Insiders astatine the steadfast are present opening to speculate connected imaginable successors to tally the British arm, which ranks among the biggest nonrecreational services jobs successful the country.

Mr Holt has held the station since 2021.

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In a statement, a KPMG International spokesperson said: "Bill Thomas's word arsenic KPMG International president and CEO runs to 30 September, 2026.

"KPMG International has a process for electing a caller president and we expect to denote succession plans successful the archetypal 4th of 2026."

A spokesperson for KPMG UK declined to remark connected Mr Holt's behalf.