KPMG appoints 8 partners in Management Consulting division
In its latest financial year, KPMG appointed eight new partners in its Management Consulting division.
Despite the economic downturn caused by the coronavirus pandemic, KPMG booked strong growth in its 2020 financial year, posting a 7% increase in revenue to $1.91 billion. Growth was achieved across all divisions; Auditing, Tax & Legal and Advisory, which includes the Deals and Management Consulting service areas.
KPMG’s Management Consulting wing helps clients with an end-to-end consulting offering, spanning strategy, economics and business transformation to financial management, sales & marketing, operations & supply chain and people & change. The unit also has a technology practice, which supports with topics such as digital transformation, ERP implementation, tech-led innovation and cybersecurity.
The unit has seen eight new partners added to its partnership in FY20: Alex Moreno, Barbara-Anne Bensted, Damian Armour, David Kelly, Jennifer Roche, Scott Gartrell, Thomas Crawford and Piers Hogarth-Scott.
Alex Moreno previously worked 18 years for Accenture, and is a partner in KPMG’s Salesforce practice. Barbara-Anne Bensted works in the firm’s Digital Delta practice, which focuses on emerging technologies, while Damian Armour is a partner in the Healthcare vertical, having previously worked over two decades at health institutions, after starting his career at KPMG.
Technology consulting veteran David Kelly previously served IBM, Capgemini, Accenture and PwC, among others, and is Technology Lead for one of KPMG’s leading Government accounts. Jennifer Roche joined from EY, where she headed the firm’s Customer Practice for Oceania, and Scott Gartrell is a partner based in the Sydney office. He previously was an independent consultant and held leadership roles in industry.
Thomas Crawford brought a decade of experience at both IBM and Accenture to the firm, and serves as the interlock between KPMG’s Healthcare & Human Services advisory practice and the technology solutions division. Piers Hogarth-Scott has a background in the agency world, and now leads KPMG’s Internet of Things service offering nationally.
Partner intake
Measures introduced by KPMG in the first quarter to curb the impact of the Covid-19-induced downturn did impact the volume of new partners intake. Because the traditional mid-year partner promotion round was moved forward to 2021, the total number of partners brought on board in FY20 was understandably lower compared to FY19, at 31 versus 104. In FY19, KPMG booked 9% growth in fee income.
Meanwhile, KPMG is currently reviewing its policy for a mandatory retirement age. Currently, partners at KPMG in Australia are forced to retire at the age of 58, a policy which has drawn criticism from politicians, lawyers and anti-age discrimination advocates. KPMG is the only Big Four firm to still have the procedure – Deloitte, EY and PwC have dropped it over the years.
