PwC sends senior partner heavyweight to Japan
Troubleshooter Andrew Popham arrives in Tokyo to calm Japanese storm
Andrew Popham, a PricewaterhouseCoopers veteran of 29 years, has arrived in
Tokyo from the firm’s London office to deal with the fall-out from the
suspension of Chuo Aoyama PwC.
Popham, a senior partner in London, was working as head of quality in the
firm’s audit practice, the Financial Times reports. Previously he was
also responsible for PwC’s client relationship with Unilever.
Popham is one of many accountants who have been flown in to Tokyo from the US
and UK following the surprise decision by the Japan’s Financial Services Agency
to suspend PwC’s Japanese firm for work on the audit of cosmetics giant Kanebo.
The suspension does not apply to audit work on multinationals, but has still
caused major upheaval at PwC. The firm is planning to establish a new,
independent arm in Japan.
Fellow PwC partner David Devlin said Popham had a ‘Rolls-Royce mind’ and was
a ‘great representative of the profession’.