KPMG Australia Chairman Martin Sheppard today announced the Board has extended the term of Chief Executive Officer Andrew Yates for three years to 30 June 2027.
Commencing as CEO in the midst of COVID lockdowns in July 2021, Andrew Yates has overseen a period of growth and change for the firm, enabled by restructuring the business for better global alignment, introducing new leadership and embedding a new strategy. His focus on technology and innovation has driven the commencement of a firmwide digital transformation program; and the introduction of AI through a proprietary platform, KymChat, is transforming how teams work, and the ways the firm helps clients.
Andrew Yates has led people and culture programs based on purpose and values, and increased transparency of the firm’s operations. He has also notably introduced the firm’s 26-week flexible parental leave policy.
Martin Sheppard said: “The Board undertook a rigorous process that included an independent external assessment, and a thorough review of performance on a range of metrics. Building on the foundations of his first term as CEO, he has presented to the Board a strong vision and plan focused on meeting clients’ changing needs and accelerating digital solutions and services, responding to potential regulatory and other changes, further improving transparency to meet market and community expectations, and making the firm an even better place to work. I’m delighted that the Board has unanimously determined Andrew is the right person to continue driving KPMG Australia forward.”
Andrew Yates said: “I am honoured to have been affirmed to continue my term as CEO of KPMG Australia and remain deeply committed to serving clients, their future needs and our people. I believe passionately in our people and the quality of work we undertake and am committed to working with the government and other stakeholders to build trust in the profession. I am determined that KPMG and our superb team will remain at the forefront of the industry, supporting our clients and community.”
For further information
Hayden Jewell
Corporate Communications
+61 423 868 454
hjewell@kpmg.com.au