• Register
Return to: Home > News > Financial Results > Big Four firms appoint risk mangers

Big Four firms appoint risk mangers

KPMG UK has appointed Mary O’Conner as the firm’s chief risk officer to oversee its risk management framework, including quality and risk management and the legal function.

The appointment follows a wave of scandals and inquiries which have involved the Big Four firm including the Carillion collapse and reported scrutiny from the Bank of England’s Prudential Regulation Authority.

KPMG UK’s chairman Bill Michael said: “Like any professional services firm we are operating in a period of significant change, and the risks we are facing are evolving – from complex regulatory and geopolitical change to providing new technology based services for our clients.” 

“Societal expectations of large businesses are also shifting, particularly for firms which have a public interest responsibility. It’s therefore essential that we continually invest in our risk management processes and procedures and seek fresh insights to how risks are anticipated and managed.”

O’Connor will join KPMG at the end of August from Willis Towers Watson where she led the client and business development function and the global financial institutions industry group. Prior to this, she served as a senior regulator in both the US and the UK.

PwC UK has also appointed Sarah Isted as financial services risk and regulations practice leader. She takes over from George Stylianides who will continue to lead PwC’s EMEA and global risk practices.

Top Content

    Brazil: regulation and technology form basis for recovery

    Opportunities in the capital markets and the ever-growing influence of technology are expected to have a significant impact on the Brazilian accounting profession over the next 12 months, writes Paul Golden.

    read more

    Mentoring support and the opportunity to delegate

    Jon Lisby will be known to many from his former role as CEO of Kreston International. Here, he explains the background to his new venture, Global Alliance Advisory Services (GAAS), and how he aims to offer support to alliance CEOs.

    read more

    Global by name, global by nature

    Stephen Heathcote became chief executive officer of PrimeGlobal on 1 June 2019. Robin Amlôt met him to discuss the various new challenges that he has taken on, and his ambitions for the association.

    read more

    ARGA team, assemble!

    The new top team has been named that will see in root-and-branch reform at the Financial Reporting Council (FRC) as it transforms into the Audit, Reporting and Governance Authority (ARGA). Will the new duo be as dynamic as some are hoping? Robin Amlôt reports.

    read more

    CORONAVIRUS TIMELINE: REACTIONS FROM THE ACCOUNTANCY PROFESSION

    As the Coronavirus (COVID-19) continues to spread across the world, the International Accounting Bulletin and The Accountant will be collating all the latest news and updates from the profession on the pandemic’s impact.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.