EXCLUSIVE: New KPMG boss says 'excellent firm' has role to play
Nhlamulo Dlomu, the first non-accountant CEO in the firm, tells Ann Crotty it would not be good for SA if KPMG folds
It’s "remarkable but not important", was how one accountant and former finance director of a major JSE-listed company described the fact that Nhlamulo Dlomu was not an accountant. Few people seem to think the absence of an accounting background will be a disadvantage for Dlomu as she takes on what looks like the most difficult job in the world. Dlomu will be the first head of KPMG SA or KPMG International who has not come from an accounting background. That this has raised no concern may be an indication of the fall in the brand value of an accounting qualification — all of the axed KPMG SA executives were accountants. It could also reflect the growing importance of nonaudit work in KPMG SA’s life. In recent years, income from tax and advisory services has been growing faster than audit fees.Dlomu, KPMG’s former head for people and change, doesn’t try to diminish the importance of an accounting background in the leadership of KPMG. "I am the leader but I’m part of a team that has ex...
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