KPMG ‘focused on delivering excellence’

MAMAMA: Audit, tax and advisory firm KPMG’s business in Bahrain and the region continued to grow despite the pandemic.

The aggregated revenue of KPMG member firms in the Middle East & South Asia (MESA) region grew by 3.7 per cent in local currency terms during the fiscal year till end-September 2020, despite the impact of Covid-19.

KPMG in the MESA region grew its workforce to over 8,100 professionals with more than 1,900 hires during the year, including 56 new partners and directors.

KPMG in Bahrain managing partner Jamal Fakhro said, “We have always been committed to working closely with businesses to help them find innovative solutions for their key issues. Last year was no exception, as we continued to support clients and other distressed organisations in their response to the crisis.

“I am very proud of our people, and how they have stood shoulder to shoulder with all our stakeholders throughout this challenging time. While the health, safety and well-being of all our people has been our highest priority, we have stayed focused on delivering excellence and maintaining the highest level of quality, while helping the marketplace and community with our core skills and expertise.”

KPMG in Bahrain is a member firm of KPMG international, whose MESA region presence extends to 14 countries and territories, covering 28 office locations.

It has opened new offices in Riyadh, Dubai, Muscat, Cairo and Beirut during recent months further demonstrating optimism and growth prospects in the region.

The firm also invested in tech-based solutions during the pandemic to ensure that their communications and ongoing engagements with clients and the marketplace remained unhindered, and most businesses in the region transitioned to ‘work from home’ or ‘remote working’ mode during the pandemic.

“In these unprecedented times, it is crucial to help clients as they navigate through a turbulent business environment,” said KPMG MESA chairman Reyaz Mihular.

“Our propositions in areas such as digital, cyber, strategy and operations and supply chain are particularly useful as these align with key priorities of many private and public sector organisations. Thereby, helping to tap emerging opportunities and mitigate risks.”

At the start of the new financial year (FY21), further senior hires were made across the region expanding capabilities in areas such as enterprise solutions, intelligent automation, digital strategy, experience design and data and analytics with a future focus.




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