PwC tax head, others quit to join KPMG
PricewaterhouseCoopers’ (PwC’s) head of tax practice Dinesh Kanbar, and close to a dozen other senior tax executives, are leaving the firm to join rival KPMG. - Over 15 PwC tax professionals quit; to join rival KPMG - Volkswagen, Suzuki: Joining forces">Volkswagen, Suzuki: Joining forces - Changes at PwC ruffle feathers - PricewaterhouseCoopers makes a new beginning, with caution - Shipping ministry calls for status report on DP World - Nordic region offers $10bn opportunity for IT: Nasscom-PwC In a statement, the consulting firm said that Ketan Dalal and Shyamal Mukherjee would replace Kanbar, who had joined PwC along with nearly two dozen partners after RSM Advisory Services merged nearly three years ago. When contacted, Kanbar said: “I can confirm that I have left PwC but I cannot discuss my future plans. It will not be fair since I am serving my notice period.” He also said that some other partners had left the firm but refused to disclose the number. Kanbar is the latest in a series of senior-level management changes, which started in February, a month after the Satyam fraud came to light. Pricewaterhouse was the auditor for the Ramalinga Raju-promoted IT company. In late February, Sharmila Karve was appointed the new assurance head of PricewaterhouseCoopers after Thomas Mathew stepped down. The fresh round of departures comes a month after Gautam Banerjee was brought in from Singapore to replace Ramesh Rajan as the chairman of PwC India. The move was seen as a damage control exercise after the Satyam scam. Executives at PwC, however, said that the exits were “routine and not much should be made of them”. “There will be a few clients who leave with the partners, if they have a very long association. But PwC is an international firm with international clients who are serviced across countries,” said a senior executive. PwC said that it had over 1,200 tax professionals, which included 55 executive directors, servicing domestic and international clients.Cash Payday Loans commented:
Now we have to see that what will gonna happen to them in the future
10.08.2011
Family Office commented:
Now we have to see that what will gonna happen to them in the future .
26.08.2011
Payday cash loan commented:
Sharmila Karve was appointed the new assurance head of PricewaterhouseCoopers after Thomas Mathew stepped down. The fresh round of departures comes a month after Gautam Banerjee was brought in from Singapore to replace Ramesh Rajan as the chairman of PwC India
14.09.2011
car hire commented:
PwC, India looks to be not a specialized auditor company. Yes I agree, KPMG has all the conditions and people must move from PwC. Thumbs down to PwC, India and their management.
01.10.2011
Tax Services Australia commented:
Its good news for the rival company that the employee form its rival company are joining their company but it would be nice to see the move they make.
15.11.2011
Family Offices Asia commented:
Its really a matter to worry for the PWC as they have to find out why employee of their company are joining their competitive company.
24.11.2011
Same Day Loans commented:
The news that PricewaterhouseCoopers’ (PwC’s) head of tax practice Dinesh Kanbar, and close to a dozen other senior tax executives, are leaving the firm to join rival KPMG is turbulent
26.11.2011