• Register
Return to: Home > News > Big Four > PwC China appoints chairman

PwC China appoints chairman

Raymund Chao has been appointed chairman for PwC Greater China, replacing Silas Yang after a 32-year career at PwC.

Chao has also joined PwC global assurance leadership team, a group of five senior partners who set the strategy of the accounting network.

The other four are Robert Moritz and Ian Powell chairmen in the US and UK, respectively; Norbert Winkeljohann, senior partner of PwC Germany; and Dennis Nally, chairman of PwC International, an entity that coordinates the whole network.

Chao previously served as assurance leader for China and Asia Pacific.

According to the Chinese Institute of Certified Public Accountants, the network led accounting league tables with revenues worth CNY3,351.4m ($546.8m) in 2014.

As far as staff is concerned, Ruihua CPAs, third highest-earning firm with CNY2,775.9m, took the top spot employing 7,887 people of whom 2,335 are partners.

PwC China has not disclosed data for International Accounting Bulleting surveys for more than eight years.

Top Content

    Nigeria: building compliance and engagement

    Opportunities created by regulatory and legislative changes in Nigeria are tempered by the fragile state of the economy, although practitioners are generally confident that conditions will improve over the next few years if appropriate steps are taken. Paul Golden reports.

    read more

    Ghana: a quest for consistency

    Ghana’s current economic profile would suggest a fertile landscape for purveyors of accounting services. But inconsistent approaches to compliance and application of standards – coupled with problems in the banking sector and consequent liquidity constraints – have created a challenging environment. Paul Golden writes.

    read more

    Drone technology: audit takes to the skies

    The movement towards a digitised era has already impacted the auditing profession in a number of ways, from blockchain to artificial intelligence. Now firms are taking to sky and using drone technology in their audits. Mishelle Thurai speaks to Big Four firms to find out more.

    read more

    SBC: a new alliance joins the market

    Jonathan Minter speaks to Paul Tutin, chair of founding firm Streets Chartered Accountants, about why the business and its European partners took the decision to launch their own association.

    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.