KPMG in the UK elects Jon Holt as CEO for a second term

KPMG in the UK has confirmed that following a partnership vote Jon Holt has been re-elected with overwhelming support to serve a second term as the firm’s Chief Executive and Senior Partner.

Following a recommendation by the Board’s Nomination Committee, the firm’s equity partners voted to extend Jon Holt’s term by an additional five years. His second term will conclude on 30 September 2029.

Jon was appointed as Chief Executive in April 2021, following KPMG in the UK’s move to a new governance model, which created separate roles for its Chair and Chief Executive.

Bina Mehta, Chair of KPMG in the UK, said: “I’m delighted Jon has been re-elected for a second term. This is a reflection of the substantial progress he has made to transform our firm and puts us on a strong footing to deliver sustainable growth.”

Jon Holt, Chief Executive and Senior Partner of KPMG in the UK, commented: “2024 will see us make some big changes – combining our deals and consulting businesses into one practice called advisory – and exploring a potential merger with KPMG Switzerland to give us more collective power to invest and build new services for our clients. I am pleased to have the backing of my Partners to deliver the next chapter of our strategy for our firm.”

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Notes to Editor:

About KPMG UK

KPMG LLP, a UK limited liability partnership, operates from 20 offices across the UK with approximately 18,000 partners and staff. The UK firm recorded a revenue of £2.96 billion in the year ended 30 September 2023.

KPMG is a global organisation of independent professional services firms providing Audit, Legal, Tax and Advisory services. It operates in 143 countries and territories with more than 273,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.