McLoughlin has been at the firm since 1979 as has been involved in a number of high profile insolvency cases including the spectacular demise of online clothing retailer Boo.com, which was liquidated in 2000.
He will take on his new role from the 1 October, replacing Mike Wheeler who continues as chairman of KPMG’s International Corporate Recovery Group.
McLoughlin said he would continue to look for opportunities to grow the business ‘in light of the huge changes: the introduction of Sarbanes-Oxley; the UK Enterprise Act, and recent EC regulations’.
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Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com