Simon Collins is to take over as KPMG UK chairman and senior partner from John Griffith-Jones in October.
Collins is the global head of KPMG’s transactions and restructuring practice and has been with the Big Four firm since 1998.
Collins is a member of KPMG Europe executive board, KPMG’s global advisory executive board and the KPMG India oversight board.
Griffith-Jones, who will retire from his post, said Collins received a clear mandate from the partnership.
“Simon has already proven himself to be a fine partner and leader, greatly respected by his peers, clients and industry alike. At a time of regulatory uncertainty for our profession, I am certain that Simon will provide the strong and clear leadership needed in order to move the firm forward into the future,” Griffith-Jones said.
KPMG UK reported 7% growth in the past fiscal year to £1.7bn ($2.6bn) in the year to 30 September 2011. It is the third largest firm in the UK.