WILLIAM O’MARA has replaced Larry Bradley as KPMG International’s new global head of audit.
O’Mara, a senior audit partner with KPMG LLP, the firm’s US arm, has garnered extensive international experience having served as KPMG global lead partner for number of its biggest multinational clients and has also served a term on the board of directors of KPMG LLP (US).
He will serve on the KPMG global management team under KPMG International chairman John B. Veihmeyer. Bradley will assume responsibilities as global lead partner for one of KPMG LLP’s big industrial audit clients.
O’Mara commented: “Building upon the excellent foundation that Larry set, my mandate is to continue to raise the bar on audit quality and drive innovation throughout our practices. Companies all over the globe are dealing with a barrage of complex financial, risk and regulatory challenges, and these affect the capital markets and users of financial and non-financial information.
“As auditors, we are committed to help address these issues by offering assurance over what matters to stakeholders and with innovative cutting-edge audit processes and tools, such as utilizing data and analytics to drive audit quality and surface actionable insights from audit evidence.”
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