KPMG appoints new head of internal audit
KPMG has appointed a new head of internal audit as part of strategic reinvestment in the market
KPMG’S NEW HEAD of internal audit is Paul Sawdon, a partner at the firm for the past ten years.
Sawdon worked on the controversial extended assurance package initially rolled out for Rentokil, which reports on a wider range of controls than the statutory financial audit.
KPMG has recruited four internal audit directors from outside the firm in the past year and promoted one of its own to partner level.
Sawdon takes over from David Defroand, and his appointment is part of strategic reinvestment in the internal audit market.
The new chief said internal audit is “a crucial component” of assurance, adding: “Economic fragility, threats to data security, business continuity and the pace of global change are just a few reasons why assurance has never been more on the minds of company boards.”