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6 things that you did not know about the person who should save KPMG SA

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  • KPMG South Africa announced the appointment of Ignatius Seoul as its CEO on Wednesday morning.
  • Sehoole replaces Nhlamulo Dlomu, who has not worked for a long time at work, which means trying to save the company from the damage done to the characters.
  • However, this is not the first step of the new CEO at KPMG. He first joined her after he couldn't get through the door to Deloitte.

The new CEO of KPMG SA, Ignatius Sehol, has a difficult job ahead of him, deeply connected with the seizure of the first state, and then the collapse of VBS Mutual Bank. His predecessor, Nhlamulo Dlomu, who was appointed a year ago, should have done just that, but left the “global strategic role” within the company.

But Sehoole seems to be fearless – perhaps thanks to a complex and bumpy story.

Muddy waters and restless companies are not new to him, and he even has activity under his belt.

See Also: KPMG partners may face R2 bn claim. At VBS – and their insurance may not be paid

These are six things we did not know about the new KPMG CEO.

He went to finance because white people ran

Sehoole has a diploma with honors in commerce from the University of Vista and a theory certificate in accounting from Unisa, as well as a general management diploma from Ashridge Management College in the UK. He is a qualified chartered accountant and shrinks his teeth as an internal audit manager for Fed Food Food Services.

“I chose the BCom degree because it annoyed me that tax advisors were either owned or managed by white men. I was curious about this subject and I wanted to change this ratio, ”Sehol said in an archive interview with the publication Business Insider SA, Fin24, in 2009.

He was expelled from his first university.

Vista and Unisa were not the first universities to study at Sehoole. He began working at the University of the North (now Limpopo) as a BCom student, but he was expelled the first year, he told Fin24, after he organized a protest when the university illegally appropriated a landing and housing, including his.

This is not his first assignment in KPMG – after Deloitte did not want him (first)

Sehoole is no stranger to the auditing firm in which he will now head. He joined KPMG after he was unable to get into the program of Deloitte articles without checking the audience test. Still deciding to get into a prestigious company, he went to KPMG and tried Deloitte again a year later. This time he entered.

He helped create the Thuthuka scholarship program

Totuk’s circulation is one of the most desirable because of the advantages it brings – one of them is a mentor from established certification authorities.

As the president of SAICA Sehoole played an active role at the start of the program in 2001, to increase the capacity of the desperately needed SAs in SAs, especially in black certification authorities.

He had a short time in training

Sehoole lectured at Vista University for a year. Commenting on his training days, he told Fin24 that “I am very passionate about developing and empowering people. I like to see that they are the best they can be. It gives me great satisfaction. ”

Once he tried to quit his job at Transnet after three months

Starting his young career, Sehol worked at Transnet.

“After three months of working at Transnet, I wanted to resign … but they kept me until the 3-month notice period. I worked there for nine months – under duress. ”

He said that at that time the institute was so racially polarized that you felt tense, and “I just could not deal with the mentality of“ tomorrow is another day ”.

Now read: 5 things we didn’t know about Faqamani Khadeb, the new CEO of Eskom

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