Latest news with #KPMGInternationalLimited
Yahoo
29-05-2025
- Business
- Yahoo
KPMG LLP Names Next Management Committee
Effective July 1, Next Leadership Team Will Sustain Momentum, Driving Market Innovation and Client Value New York, New York--(Newsfile Corp. - May 29, 2025) - KPMG LLP, the U.S. audit, tax and advisory firm, today announced its next Management Committee, effective July 1, 2025. "Over the past five years, KPMG's leadership team has driven sustained investments in technology and talent, creating strong momentum across our business," said Chair and CEO-elect Tim Walsh. "As our clients navigate the opportunities and complexities of AI transformation amid geopolitical and regulatory shifts, we will meet them in the market with the full experience and expertise of the firm to solve their most complex challenges." "Our team's focus will bring together the power of our firm, leveraging the best AI-enabled solutions and technologies to meet our clients' needs," said Deputy Chair and U.S. Managing Principal-elect Atif Zaim. "We have the best people, the strongest solutions and we're focused on continuous improvement to ensure we serve our clients with unparalleled dedication and success." The next Management Committee includes: Vice Chair, AI & Digital Innovation, Steve Chase Vice Chair, Advisory, Rob Fisher Chief Operating Officer & Vice Chair, Kevin Jackson General Counsel and Vice Chair, Legal, Risk Management & Compliance, Matt Miner Vice Chair, Audit, Christian Peo Vice Chair, Tax, Rema Serafi Vice Chair, Clients & Markets, Melissa Taylor Vice Chair, Talent & Culture, Sandy Torchia "Our firm's momentum has positioned us to lead in this moment of change for professional services," said Walsh. "This team will be bold, and focused on helping our clients and people succeed." About KPMG LLPKPMG LLP is the U.S. member firm of the KPMG global organization of independent member firms providing audit, tax and advisory services. The KPMG global organization operates in 142 countries and territories and has more than 275,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to increasing access to education and opportunity, advancing mental health, and supporting community vitality. Learn more at Media ContactsFor media inquiries, contact Ichiro Kawasaki (ikawasaki@ and Katy Reddin (kreddin@ To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
KPMG LLP Names Next Management Committee
Effective July 1, Next Leadership Team Will Sustain Momentum, Driving Market Innovation and Client Value New York, New York--(Newsfile Corp. - May 29, 2025) - KPMG LLP, the U.S. audit, tax and advisory firm, today announced its next Management Committee, effective July 1, 2025. "Over the past five years, KPMG's leadership team has driven sustained investments in technology and talent, creating strong momentum across our business," said Chair and CEO-elect Tim Walsh. "As our clients navigate the opportunities and complexities of AI transformation amid geopolitical and regulatory shifts, we will meet them in the market with the full experience and expertise of the firm to solve their most complex challenges." "Our team's focus will bring together the power of our firm, leveraging the best AI-enabled solutions and technologies to meet our clients' needs," said Deputy Chair and U.S. Managing Principal-elect Atif Zaim. "We have the best people, the strongest solutions and we're focused on continuous improvement to ensure we serve our clients with unparalleled dedication and success." The next Management Committee includes: Vice Chair, AI & Digital Innovation, Steve Chase Vice Chair, Advisory, Rob Fisher Chief Operating Officer & Vice Chair, Kevin Jackson General Counsel and Vice Chair, Legal, Risk Management & Compliance, Matt Miner Vice Chair, Audit, Christian Peo Vice Chair, Tax, Rema Serafi Vice Chair, Clients & Markets, Melissa Taylor Vice Chair, Talent & Culture, Sandy Torchia "Our firm's momentum has positioned us to lead in this moment of change for professional services," said Walsh. "This team will be bold, and focused on helping our clients and people succeed." About KPMG LLPKPMG LLP is the U.S. member firm of the KPMG global organization of independent member firms providing audit, tax and advisory services. The KPMG global organization operates in 142 countries and territories and has more than 275,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to increasing access to education and opportunity, advancing mental health, and supporting community vitality. Learn more at Media ContactsFor media inquiries, contact Ichiro Kawasaki (ikawasaki@ and Katy Reddin (kreddin@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
03-05-2025
- Business
- Associated Press
CORRECTION FROM SOURCE: KPMG LLP Helps Fortune 500 Navigate Trade Disruption with AI-Powered Tariff Modeler
New York, New York--(Newsfile Corp. - May 3, 2025) - KPMG LLP, the U.S. audit, tax, and advisory firm, has unveiled the KPMG tariff modeler, a breakthrough generative AI-powered tool on the KPMG Digital Gateway platform, powered by Microsoft Azure. More than 100 Fortune 500 and top private equity clients are already implementing the tool to prepare for and respond to ongoing trade policy changes. The big picture: As companies of all sizes grapple with navigating an increasingly complex trade and tariff landscape, wrangling trade data and extracting real-time insights has become more critical than ever before. 'Today's volatile global trade landscape requires companies to fundamentally rethink how they anticipate and respond to policy shifts,' says Rema Serafi, Vice Chair - Tax, KPMG LLP. 'By leveraging AI to transform vast streams of global trade data into actionable intelligence, organizations can rapidly model complex scenarios and make more informed decisions. Those who embrace this AI-powered approach will not only navigate current uncertainties but also position themselves to capitalize on emerging opportunities in this new normal of trade complexity.' Why it matters: In today's environment, the Digital Gateway platform and the interactive tariff modeler dashboard provide critical capabilities for C-suite leaders to: Mary Rollman, Advisory principal and Supply Chain Leader, KPMG LLP, adds: 'This tool represents our commitment to providing strategic, AI-powered solutions coupled with KPMG's cross-functional expertise in supply chain, consulting, tax, finance and more. This powerful combination helps clients navigate uncertainty with confidence, further enhancing the capabilities of Chief Supply Chain Officers and other leaders while amplifying their strategic impact across the organization.' Bottom line: With the KPMG tariff modeler, companies can enhance their preparedness for trade disruption, potentially minimize financial impacts, and maintain strategic focus despite policy uncertainty. To learn more, click here. About KPMG LLP KPMG LLP is the U.S. member firm of the KPMG global organization of independent member firms providing audit, tax and advisory services. The KPMG global organization operates in 142 countries and territories and has more than 275,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to increasing access to education and opportunity, advancing mental health, and supporting community vitality. Learn more at ### Media Contact Erica Lee [email protected] 551-380-0827 To view the source version of this press release, please visit
Associated Press
01-05-2025
- Business
- Associated Press
KPMG LLP Helps Fortune 500 Navigate Trade Disruption with AI-Powered Tariff Modeler
New York, New York--(Newsfile Corp. - May 1, 2025) - KPMG LLP, the U.S. audit, tax, and advisory firm, has unveiled the KPMG tariff modeler, a breakthrough generative AI-powered tool on the KPMG Digital Gateway platform, powered by Microsoft Azure. More than 100 Fortune 500 and top private equity clients are already implementing the tool to prepare for and respond to ongoing trade policy changes. The big picture: As companies of all sizes grapple with navigating an increasingly complex trade and tariff landscape, wrangling trade data and extracting real-time insights has become more critical than ever before. 'Today's volatile global trade landscape requires companies to fundamentally rethink how they anticipate and respond to policy shifts,' says Rema Serafi, Vice Chair - Tax, KPMG LLP. 'By leveraging AI to transform vast streams of global trade data into actionable intelligence, organizations can rapidly model complex scenarios and make more informed decisions. Those who embrace this AI-powered approach will not only navigate current uncertainties but also position themselves to capitalize on emerging opportunities in this new normal of trade complexity.' Why it matters: In today's environment, the Digital Gateway platform and the interactive tariff modeler dashboard provide critical capabilities for C-suite leaders to: 'The KPMG platform has transformed our approach to trade disruption. Instead of reacting to policy changes after they're announced, we now have pre-analyzed scenarios ready to activate, allowing us to minimize potential impacts and understand our global footprint,' says Matt Lilac, Customs and Indirect Tax Lead, Qualcomm. Mary Rollman, Advisory principal and Supply Chain Leader, KPMG LLP, adds: 'This tool represents our commitment to providing strategic, AI-powered solutions coupled with KPMG's cross-functional expertise in supply chain, consulting, tax, finance and more. This powerful combination helps clients navigate uncertainty with confidence, further enhancing the capabilities of Chief Supply Chain Officers and other leaders while amplifying their strategic impact across the organization.' Bottom line: With the KPMG tariff modeler, companies can enhance their preparedness for trade disruption, potentially minimize financial impacts, and maintain strategic focus despite policy uncertainty. To learn more, click here. About KPMG LLP KPMG LLP is the U.S. member firm of the KPMG global organization of independent member firms providing audit, tax and advisory services. The KPMG global organization operates in 142 countries and territories and has more than 275,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to increasing access to education and opportunity, advancing mental health, and supporting community vitality. Learn more at ### Media Contact Erica Lee [email protected] 551-380-0827 To view the source version of this press release, please visit
Emirates 24/7
10-02-2025
- Business
- Emirates 24/7
UAE strengthens its global leadership in Artificial Intelligence
The UAE is strengthening its position as a global leader in Artificial Intelligence (AI) by implementing comprehensive strategies that foster innovation, investment, and supportive legislation. With its advanced infrastructure, adaptive regulatory frameworks, and policies that promote technological advancement, the country continues to attract top AI talent and emerging startups. While the UAE's vision for AI extends beyond economic gains, the technology is expected to significantly impact the economy. The country is projected to rank third globally, after China and the US, in AI's contribution to the economy. A report by PwC estimates that AI will contribute approximately 13.6% to the UAE's GDP, amounting to around $100 billion by 2030. Additionally, AI's contribution to regional economies is expected to grow between 20% and 34%, with the UAE leading due to its strong commitment to AI development and implementation. According to KPMG International Limited, the UAE's regulatory framework paves the way for innovations in financial technology and digital payments. Cybersecurity has emerged as a key driver of digital transformation, with the UAE introducing multiple data privacy laws to safeguard personal and organisational information. On the governmental level, Abu Dhabi aims to become the first AI-powered government. Its recently launched strategy focuses on establishing a robust digital infrastructure, adopting sovereign cloud computing at 100% capacity, and fully automating and digitising government operations. Nick Redshaw, Oracle's Senior VP of Technology Cloud in MEA and UAE Country Leader, praised the UAE's leadership for setting an inspiring vision in the AI era. Ahmed Gamal, Business Development Manager- Nvidia AI Solutions at Advanced Integration, a strategic partner of NVIDIA, highlighted the UAE's transformative progress in AI and technology, positioning it as a model for both regional and international markets. He noted that the UAE was among the first countries to launch a national AI strategy in 2017 (the UAE Strategy of Artificial Intelligence), aiming to establish itself as a global AI hub by 2031. This strategy focuses on key sectors such as education, healthcare, transportation, and energy. The UAE has emerged as a premier destination for investment in advanced technology, attracting AI talent and startups. Through government support and strategic partnerships with major global corporations like NVIDIA and Google, the country has secured a distinguished place among the top AI nations worldwide. Gamal further stated that the UAE is home to numerous global AI projects, and its investments in AI are expected to yield substantial economic benefits in the coming years. Samer Al Jayyusi, Specialty AI & GenAI Regional Lead - Central & Eastern Europe, Middle Ease, Türkiye and Africa, emphasised the UAE's strategic approach, which combines flexible regulations with ambitious investments in emerging technologies. He noted that the UAE was among the first countries worldwide to implement policies governing AI usage while simultaneously fostering an environment for innovation. Dr. Akram Awad, Managing Director & Partner with the Boston Consulting Group, underscored the UAE's competitiveness in AI, attributing its success to a well-developed digital infrastructure and a supportive regulatory and investment ecosystem. He also highlighted that the country has witnessed a 40% increase in AI professionals since 2022, reinforcing its position as a leading hub for AI talent and expertise. Follow Emirates 24|7 on Google News.
