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May 30, 2011

KPMG UK names financial services audit leader

KPMG UK has appointed Rees Aronson as the new head of financial services audit.

Rees joined KPMG in 1989 and has led the firm’s insurance audit practice for the past four years.

“He takes over this role at a critical time for the audit and assurance industry,” KPMG UK head of financial services Bill Michael said. “Changes to the future shape and direction of the financial audit are inevitable and will present challenges to both our business and our clients.”

KPMG’s UK audit practice has about 3,200 professional staff, including 150 partners and anual revenue of £450m ($743m).

 

 

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