KPMG appoints new chief operating officer

Griffith-Jones had previously been the firm’s UK head of corporate finance and had been closely involved in merger talks with Andersen.

A veteran of more the 25 years at the firm, Griffith-Jones will take over from Reid at the beginning of July

Guy Warrington is to take over as KPMG’s head of corporate finance.

Reid was appointed in March as the next Queen’s accountant to take over from another former KPMG partner Sir Michael Peat, who is leaving Buckingham Palace to become Prince Charles’ private secretary

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