KPMG in the UK announces three new leadership appointments

Posted On: 
9th May 2014

KPMG in the UK has announced the appointment of Richard Gostling to its executive management team as Head of Sectors. Richard joins from Goldman Sachs where he was Head of Business Services.

At the same time KPMG has appointed Joe Gallagher, current Head of Sectors, as Vice-Chair and Melanie Richards, Non-Executive Director, as Vice-Chair from within the firm. Richard joins on 12th May and the Vice-Chair roles will take effect from October.

KPMG has also confirmed that Dr Ashley Steel, Vice-Chair and Global Head of Transport, will retire in the summer.

Simon Collins, UK Chairman of KPMG, commented:

“Richard completed his accountancy training at KPMG back in 1992 and has since been a trusted adviser to many UK businesses; we are delighted to welcome him back. The appointment of Joe Gallagher and Melanie Richards as Vice-Chairs is also an important step forward as we seek to evolve our leadership model, ensuring we are the most relevant to our clients and striving for the highest standards of governance and responsibility. Melanie and Joe will represent the firm at the highest level with clients and other key stakeholders.

“In our first year, KPMG’s new leadership team focussed on improving profitability and succeeded in increasing profits by 27%. For the next phase of our three year transformation plan, we are investing in the areas which matter most to our clients; such as cyber security, technological innovation and audit quality. The three appointments will bring a fresh and valuable perspective to our leadership team.

“I would also like to take the opportunity to thank Dr Ashley Steel for her huge contribution to KPMG and the business world more broadly.”

Richard Gostling, UK Head of Sectors at KPMG, added:

“I am very much looking forward to being a part of KPMG’s leadership team. The firm is making bold and interesting moves in the professional services market such as launching KPMG Capital, an investment fund targeting the digital and analytics market, and the acquisition of Makinson Cowell, the equity markets advisory business. The firm is on a solid footing for the future and it is my ambition to contribute to its future success.”

Richard will sit on the UK executive committee and will be responsible for the firm’s ten specialist sector departments (such as Energy Natural Resources and Industrials) which generated £441m in net sales for the last financial year across the UK.