KPMG UK has announced the appointment of Jon Holt as its new chief executive.
Holt was elected with “overwhelming support” after a partnership vote, and is set to start the role with immediate effect until the end of September 2025.
Joining the firm in 1994, Holt has led several of KPMG’s largest business units and recently held the role of head of Audit managing 7,000 people.
Furthermore, he has also managed KPMG’s Financial Services practice and been an office senior partner at the firm’s Manchester office.
On his appointment, Holt said: “I’m very grateful for the support of the partnership and excited about the future for our firm. We are made up of over 16,000 people doing great work for our clients and in the communities where we live and work.
“KPMG has a great opportunity, as we exit the pandemic, to support our clients and help them build and grow their businesses during this period of profound change. I am confident that KPMG has the people, skills and expertise to grasp this opportunity.”
He added: “Now is the time to challenge ways of working and use what we’ve learnt during the pandemic to really drive positive action. This is the moment for leaders to adapt their operations, reduce their environmental footprint and recruit diverse talent right across the UK.
“I am passionate about driving this change. There must be no limit in business to where talent, achievement and hard work can take you, whoever you are and whatever your background.”
Bina Mehta, chair of KPMG UK, said: “I’m delighted that Jon received the overwhelming backing of the partnership.
“Jon’s extensive experience and inclusive leadership style means he is well placed to deliver the next stage of our growth strategy and support our clients as the country emerges from the pandemic.”