04 MAR 2025 / PEOPLE UPDATES

KPMG Elects Timothy Walsh as Next US Chair and CEO

- MYCPE ONE Insights Team

Summary

It is generated by AI

KPMG LLP has elected Timothy Walsh as its incoming US chair and CEO, and Atif Zaim as deputy chair, effective from July 1, 2025. The move follows KPMG's recent expansion into legal services and, with Walsh and Zaim’s leadership, the firm is poised to enhance its technological advancements, advisory expertise, and overall industry leadership.

KPMG LLP has announced the election of Timothy Walsh as its next US chair and CEO, with Atif Zaim set to serve as deputy chair. Their five-year term will begin on July 1, 2025, succeeding the leadership team of Paul Knopp and Laura Newinski. Under Knopp and Newinski’s tenure, KPMG has focused on strategic technology investments, global connectivity, and cultural development, driving the firm’s continued evolution.

A Veteran Leader for KPMG

Walsh, a 33-year veteran of the firm, currently serves as national managing partner for US audit operations. His extensive experience includes advising large, multinational, publicly traded clients across various industries. As he prepares to lead the firm, Walsh emphasized KPMG’s commitment to innovation and client success.

“KPMG is ready to help our clients win,” said Walsh. “Atif and I are focused on investments in technology, culture, and quality that put us in the best position to bring the full power of our partnership and global network to solve the unique challenges our clients face.”

Atif Zaim’s Strategic Role as Deputy Chair

Zaim, who currently leads KPMG’s US consulting practice, has also served as national managing partner of advisory. His leadership has played a key role in shaping the firm’s advisory strategy, investment programs, and risk management. He reaffirmed KPMG’s commitment to providing industry-leading services and innovative solutions.

“KPMG will continue to offer clients access to the best people and services, and the new and necessary solutions to accelerate transformation,” said Zaim. “Tim and I are dedicated to engaging the C-suite to remain at the forefront of innovation while continuing to foster a high-performance culture that supports all our people.”

A Leadership Transition Amid Expansion

This leadership transition follows KPMG’s recent expansion into legal services with the launch of KPMG Law US-the first law firm established in the US by a Big 4 accounting firm. Operating as an independently managed subsidiary, this new venture signals KPMG’s strategic push into broader advisory capabilities.

With Walsh and Zaim at the helm, KPMG is positioned to strengthen its technological advancements, advisory expertise, and industry leadership, reinforcing its role as a global powerhouse in professional services.

Until next time…

Don’t forget to share this story on LinkedIn, X and Facebook

📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join

Earn CPE Credits by Simply Reading Articles – Starting at Just $199/Year!

Continuing education is usually boring and just for compliance, but what if reading engaging articles could earn your team CPE credits? Sounds amazing, right? The answer is YES! We don’t just create boring tax, accounting, and audit content—our platform offers engaging, insightful, and trending material that your team will actually enjoy while earning CPE credits. Starting at just $199 per year per user