Accounting giant KPMG has announced the election of Timothy Walsh as its next US chair and CEO, with Atif Zaim as deputy chair.
Their five-year term is set to commence on 1 July 2025, succeeding the current leadership team of Paul Knopp and Laura Newinski.
During their tenure, Knopp and Newinski have overseen a period of growth and strategic investments in technology, enhancing the firm’s global connectivity, culture, and values, the company said.
They have achieved the lowest audit deficiency rate for the firm since 2009. Their term will conclude on 30 June 2025.
Walsh, who has been with KPMG for more than 33 years, is the national managing partner for US audit operations.
He has experience of serving large, multinational clients across various industries, particularly focusing on publicly-listed companies.
Walsh said: “KPMG is ready to help our clients win. Atif and I are focused on investments in technology, culture, and quality that put us in the best position to bring the full power of our partnership and global network to solve the unique challenges our clients face.”
Zaim currently holds the position of US consulting leader and has previously served as national managing partner of the advisory practice.
In his prior role, he helped in shaping the advisory strategy, managing the firm’s investment programme, overseeing client and engagement risk, and orchestrating internal communications.
Zaim said: “KPMG will continue to offer clients access to the best people and services, and the new and necessary solutions to accelerate transformation. Tim and I are dedicated to engaging the C-suite to remain at the forefront of innovation, while continuing to foster a high-performance culture that supports all our people.”
This leadership transition comes on the heels of KPMG’s recent expansion with the launch of KPMG Law US.
As the first among the Big Four to establish a law firm in the US, KPMG Law US operates as an independently managed subsidiary.
