KPMG SA’s new CEO opens up about the future of the disgraced auditing firm

(Also read: Sasfin CEO opens up about dumping KPMG)

We have values, standards and ethics… We are working hard that this never happens again.

Nhlamu Dlomu, KPMG South Africa

We haven’t seen anything that suggests that our issues are systemic.

Nhlamu Dlomu, KPMG South Africa

‘We’re sorry’ is never going to be good enough…

Nhlamu Dlomu, KPMG South Africa

KPMG South Africa’s new CEO, Nhlamu Dlomu, has a huge task on her hands:

Restoring the disgraced auditing firm’s integrity and credibility.

Her appointment comes in the wake of Trevor Hoole’s resignation on Friday following the work KPMG did for the South African Revenue Service (Sars) and the Gupta family.

Dlomu was KPMG SA’s Head of People and Change.

She has 17 years of management experience in various roles.

The Money Show’s Bruce Whitfield interviewed Dlomu.

Listen to the interview in the audio below, or watch the videos (and/or scroll down for more quotes from it).

Part one (scroll down for part two):

Part two:

I am a committed South African who grew up during the era when the country was changing.

Nhlamu Dlomu, KPMG South Africa

I care about the livelihood of others.

Nhlamu Dlomu, KPMG South Africa

The red flags we picked up do not reflect who we are.

Nhlamu Dlomu, KPMG South Africa

We regret what has happened.

Nhlamu Dlomu, KPMG South Africa

We’re carefully listening to what people are saying to us.

Nhlamu Dlomu, KPMG South Africa

An enquiry would be appropriate… we want to be clear about what has happened…

Nhlamu Dlomu, KPMG South Africa

We employ 3500 people… I care deeply about their livelihoods… He [Trevor Hoole] would probably have said the same…

Nhlamu Dlomu, KPMG South Africa

We’re fully cooperating…

Nhlamu Dlomu, KPMG South Africa

I’m doing everything possible to make sure we hear the messages society is telling us.

Nhlamu Dlomu, KPMG South Africa

I’m going to make sure we have an experienced Head of Audit.

Nhlamu Dlomu, KPMG South Africa

We’re engaging with Sars and Tom Moyane.

Nhlamu Dlomu, KPMG South Africa

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This article first appeared on 702 : KPMG SA’s new CEO opens up about the future of the disgraced auditing firm


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