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October 25, 2012

Three regional hubs for PwC Africa

PwC has restructured its operations in 16 sub-Saharan countries to create an integrated business managed by new pan-African leadership.

Three regional hubs have been created by the reorganisation: West (Nigeria, Ghana and Angola); East (Kenya, Uganda, Tanzania, Rwanda, Zambia and Mauritius); and South (South Africa, Namibia, Botswana, Zimbabwe, Mozambique, Malawi and Swaziland).

Suresh Kana, based in South Africa, has been appointed Africa senior partner and Philip Kinisu, based in Kenya, becomes chairman of the governance board.

Kana said: "We’ve worked well together for a long time and are focused on providing a heightened level of service to our clients so that we build upon our number one market position in Africa."

"We’ve consistently invested in building relationships and creating value within our firms and we look forward to an even more collaborative culture that will benefit our clients, our people and our business."

Kinisu added: "In 2010 we announced PwC’s planned investment in Africa to access new opportunities in high-growth territories and to build strategic capabilities in our assurance, tax and advisory practices.

"This new PwC Africa business provides a more effective platform for these investments and underpins plans to double the size of the African workforce and revenues in the next five years."

PwC Africa East regional senior partner Anne Eriksson said: "We aim to distinguish ourselves by collaborating more effectively and applying our specialist industry knowledge to regions that share many common growth trends and profiles.

"The creation of three business hubs reflects the business realities in Africa. Many businesses in east Africa already operate regionally and Mauritius is emerging as an important offshore centre for mainland Africa. Our economies are growing rapidly, and while businesses are exposed to risks, confidence remains high. Similar to our clients, we are also exploring expanding our network into emerging African markets."

Kuria Muchiru will lead PwC Africa’s human capital function across all 16 firms. Anne Eriksson becomes country senior partner for Kenya in addition to her East region senior partner role and Francis Muriu and Simon Mutinda become partners in PwC Kenya.

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