News story by DHNS
KPMG in India has announced the election of Arun M Kumar as Chairman and CEO of the firm for a five-year term, beginning February 5, 2017.
Arun Kumar succeeds Richard Rekhy, who led the firm as CEO for over four years. Arun Kumar was elected by the KPMG India Board and ratified by the India Partners. The firm executed a well-defined governance process for the selection of the CEO that aligns with the objective of building on its success as well as attracting the best talent available for this role.
Arun Kumar brings a wealth of international leadership experience to KPMG India, including his tenure in public service in the United States for the last three years as Assistant Secretary of Commerce for Global Markets and Director General of US and Foreign Commercial Service in the Obama Administration. In that role, he led a global organisation of senior professionals present in 78 countries and all the 50 states in the US and served with distinction. On behalf of the US Government, Arun also worked to strengthen commercial ties between India and the US, and played a key role in establishing the India-US Strategic and Commercial Dialogue and a renewed India-US CEO Forum.