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KPMG UK assembles most diverse board in its 150-year history

KPMG UK has promoted its first female leaders in the firm’s 150-year history and “paves the way” for greater diversity and inclusion across the accountancy industry, according to Bina Mehta, acting chair of the board.
The move came shortly after the firm’s former chairman and senior partner Bill Michael confirmed his resignation after he was caught telling staff to “stop moaning” about working during the pandemic and trivialised the notion of unconscious bias in a conference call.
KPMG UK appointed Mary O’Connor, head of clients and markets, as acting senior partner to take over Michael’s day-to-day responsibilities.

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How Bill Michael's reign collapsed at KPMG

How Bill Michael's reign collapsed at KPMG
How the "old school" boss's abrasive style meant he was "a bomb waiting to go off" as he battled boardroom tensions and falling profits
KPMG's UK chairman Bill Michael
Credit: Mail Online
When Bill Michael ran for election as KPMG’s chairman in the UK in 2017 some insiders jokingly referred to him as “the Donald Trump candidate”.
The 52-year-old Australian dismissed the moniker but his comments to staff this week raised parallels with the former US president, a noted opponent of coronavirus lockdowns and the “woke” Left.
At a virtual town hall meeting on Monday, frustrated staff vented about their working conditions and allegedly raised gripes over pay and bonuses.

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Driving sustainable value

Accountants are uniquely placed to make sustainability a reality, but a...

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