Josphat Mwaura to soon step down as KPMG East Africa Chief Executive
Global professional services firm KPMG has announced that its current Chief Executive for its East Africa practice – Josphat Mwaura – will vacate his role at the helm of the firm in five months, and will be replaced by the former Managing Partner at KPMG Uganda Benson Ndung’u.
Mwaura has been at KPMG East Africa for nearly two decades, having joined in October 1999 as a Partner. Since 2008, Mwaura has been the CEO and Senior Partner at the firm based in Nairobi, where his mandate – among other things – has been to “promote Africa to the world.”
His position at the helm has coincided with the rapid expansion of East Africa’s profile across Africa and the rest of the world. The region has increasingly gained a degree of political stability and is attracting a vast pool of foreign investment. Mwaura has helped a lot of international clients with integration in the region.
Prior to working at KPMG’s East Africa practice, Mwaura was employed at KPMG Kenya, where he was a Managing Consultant for nearly four years. During this time, he worked on anti-corruption strategies in Kenya, while also working on projects in neighbouring countries such as Uganda and Rwanda.
Mwaura’s credentials were boosted in 2002, when he completed a Macro Economic Programme Management degree from the Kennedy School of Government at Harvard University. His plans for after he vacates his position at KPMG East Africa have not been revealed.
Mwaura will be replaced by Benson Ndung’u, who is currently the Head of Tax at KPMG East Africa. Ndung’u is a member of the Institute of Certified Public Accountants in Kenya and Uganda, and has been the Managing Partner at Uganda between 2007 and 2017.
Commenting on his imminent appointment, Ndung’u said, “I am deeply honoured and humbled by the trust that the partners have placed on me. My commitment is to continue to take advantage of the immense opportunities in this market to achieve the strategic aspirations that we have set ourselves.”