KPMG faces the prospect of a first leadership competition to direct its British operations if its current boss is elected as the world boss of the accounting giant.
Sky News understands that Jon Holt, who serves a second term as managing director of Kpmg In the United Kingdom, it is “very likely” to defend the role of world president currently occupied by Bill Thomas, according to several industry sources.
An election in this position should start next spring, the chosen candidate taking over in October.
Money Dernited: “ Fixed ” sales process after a ticketmaster request
Mr. Holt is widely considered internally as the most likely candidate to win the head race of KPMG International, although a source warned that he could still choose not to stand.
His second term executing British and Swiss companies from KPMG – which merged last year – is expected to expire in September 2029.
The initiates of the company are now starting to speculate on potential successors to manage the British arm, which ranks among the greatest jobs of professional services in the country.
Mr. Holt has held the position since 2021.
Find out more Sky News:
JLR is not assured for the cyber attack, says the newspaper
Coop reveals a cyber -hit of 80 million pounds sterling – with more to come
In a statement, a spokesperson for KPMG International said: “Bill Thomas’ mandate as president and chief executive officer of KPMG ends until September 30, 2026.
“KPMG International has a process to elect a new president and we plan to announce succession plans in the first quarter of 2026.”
A KPMG UK spokesperson refused to comment on the name of Mr. Holt.