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KPMG's restructuring group head to be firm's new UK chairman 13 March 2012

The global head of KPMG’s transactions and restructuring group has been confirmed as the firm’s next UK chairman and senior partner.

Simon Collins – who founded KPMG’s Debt Advisory practice in 1998 – will assume the leadership on October 1.

It will follow retirement of John Griffith-Jones who joined KPMG – the UK’s third biggest accountancy firm – in 1975.

UK chairman elect Collins, 51, said: “I am greatly honoured to have been elected by my fellow partners to lead the firm.

“The world remains uncertain and troubled, but the talent, energy and integrity of our people gives me huge confidence that we can build on the great legacy of John’s leadership and the proud history of our firm.”

Collins – who qualified as a chartered accountant in 1986 – was formally the global head of debt restructuring at NatWest.

He is also a member of the UK Government’s Industrial Development Advisory Board.

Outgoing chairman Griffith-Jones added: “He (Collins) has received a clear mandate from the partnership and I am sure that under his leadership the firm has a bright future.

“At a time of regulatory uncertainty for our profession, I am certain that Simon will provide the strong and clear leadership needed in order to move the firm forward into the future.”

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