Business

KPMG Ireland appoints Ryan McCarthy as managing partner

McCarthy will take over the role in May of next year, succeeding Seamus Hand in the position

KPMG managing partner Seamus Hand (left) shakes hands with the Big Four firm's managing partner-elect Ryan McCarthy following his election on Saturday. Photograph: ©Fran Veale/Julien Behal Photography
KPMG managing partner Seamus Hand (left) shakes hands with the Big Four firm's managing partner-elect Ryan McCarthy following his election on Saturday. Photograph: ©Fran Veale/Julien Behal Photography
Ciarán Hancock
Mon Dec 16 2024 - 06:00

KPMG Ireland has appointed Ryan McCarthy as its next managing partner. Mr McCarthy is an audit partner and will take up the role in May 2025, succeeding Seamus Hand in the post.

Partners at the Big Four firm voted on the managing partner role on Saturday. Mr Hand had led the firm since 2018, being re-elected for a second term in 2021.

Mr McCarthy joined KPMG in 1996 and has led its commercial industrial markets audit business for the past six years. In a statement, KPMG said he had been a member of its audit executive team and led the establishment of its board leadership centre, a forum developed to support non-executive directors in exploring boardroom challenges and driving board agendas.

Mr Hand described Mr McCarthy as a “fantastic leader in our audit business”.

READ SOME MORE

“Ryan will be taking over as managing partner at a really exciting time, with lots of opportunity ahead as we look to partner with the best clients in their next success,” he added.

[ PTSB goes for job cuts as bloated costs stand out among European peers ]

Commenting on his selection as managing partner, Mr McCarthy said: ‘I’m really excited about the new role and the opportunity ahead for our people and our clients. I’m looking forward to working with our teams in building on our success to date and further enhancing the market leading services we provide to our clients. I would like to thank Seamus for his successful leadership of our firm through a period of huge change and growth.”

KPMG operates as an all-island professional services firm with 4,200 staff and 119 partners. It had annual revenues of €598 million in 2023. The firm operates out of offices in Dublin, Cork, Galway and Belfast.

  • Sign up for the Business Today newsletter and get the latest business news and commentary in your inbox every weekday morning
  • Opt in to Business push alerts and have the best news, analysis and comment delivered directly to your phone
  • Join The Irish Times on WhatsApp and stay up to date
  • Our Inside Business podcast is published weekly – Find the latest episode here
Ciarán Hancock

Ciarán Hancock

Ciarán Hancock is Business Editor of The Irish Times

Business Today

Business Today

Get the latest business news and commentary from our expert business team in your inbox every weekday morning