KPMG South Africa Names Ignatius Sehoole Chief Executive Officer

Auditing firm KPMG LLP named Ignatius Sehoole as chief executive officer-designate of its South African operations. He is expected to replace Nhlamulo Dlomu, who will be taking up a global role in the company, from May 1.

The company is being investigated by two auditing bodies in the country over work for entities linked to the Gupta family, who are accused of using their friendship with former President Jacob Zuma to siphon off state funds. They have all denied wrongdoing.