The CEO of KPMG LLP’s Lower Gulf business said Wednesday that he will leave the firm and not stand for reappointment after the Big Four firm launched an independent review of its governance.
Nader Haffar said in a statement provided by the firm that he would leave KPMG Dec. 31, with a process to select a replacement as CEO beginning this month.
- “The current speculation about various issues related to KPMG Lower Gulf’s governance is a distraction for the firm, unsettling for our people, and has an impact upon the firm’s reputation,” Haffar said. “For these reasons I will not ...
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