KPMG Australia chief executive Andrew Yates resigns following an internal investigation into allegations raised by a whistleblower. Multiple outlets report that the resignation follows findings related to how the firm handled claims concerning the misuse of confidential client information. The ABC and The Guardian say the broader issue involves audit partners accessing confidential documents. The Daily Mail and The West Australian report that Yates steps down after the firm’s review of the whistleblower complaint, which the firm ruled was groundless—according to The West Australian, and the complaint is described as being ruled groundless twice. The Guardian adds that Yates takes responsibility for KPMG’s failure to respond properly to the allegations, and he references the firm’s “speak-up” culture in a statement. The reports are consistent that the leadership change is immediate and connected to the circumstances around the whistleblower allegations and the investigation into whether client information was improperly used. No sources provide additional disciplinary outcomes beyond Yates’s resignation in these accounts.
KPMG Australia CEO Andrew Yates resigns after investigation into client data claims
KPMG Australia chief executive Andrew Yates resigns following an internal investigation into allegations raised by a whistleblower. Multiple outlets report that the resignation follows findings relate...
- Andrew Yates resigns as chief executive of KPMG Australia.
- The resignation follows an investigation into a whistleblower’s claims about misuse of confidential client information.
- Reports say audit partners accessed confidential client documents as part of the underlying allegations.
- KPMG’s internal review reportedly finds the whistleblower complaint to be groundless, with one outlet saying this happens twice.
- Yates cites responsibility for how the firm handled the allegations and references its whistleblowing/speak-up culture.
KPMG chief executive Andrew Yates resigned on Friday over a whistleblower complaint the firm ruled was groundless, twice.
2 months agoYates says ‘we have let ourselves down’ when dealing with allegations of client information being misusedFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastKPMG’s Australian chief, Andrew Yates, will step down immediately, after taking responsibility for the consultancy firm’s failure to properly respond to whistleblower allegations around the misuse of client information.The firm’s chief executive made the announcement on Friday morning, saying in a statement: “I have been committed to a speak-up culture in our firm”. Continue reading...
2 months agoKPMG Australia chief executive Andrew Yates has quit amid a scandal involving audit partners accessing confidential client documents.
2 months agoThe chief executive of KPMG Australia has resigned following an investigation into the firm's handling of a whistleblower's allegations.
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