David Rowland named interim chief as Accenture CEO steps down

15 January 2019 Consultancy.asia

Accenture’s lauded chairman and CEO Pierre Nanterme has stepped down from his positions due to health concerns, with David Rowland appointed as interim chief.

Taking the helm in 2011 at what is now one the world’s foremost technology-driven professional services firms, the French-born Pierre Nanterme has overseen revenue growth at Accenture over the past eight years from roughly $25 billion to more than $40 billion last year, with the firm accelerating its aggressive market strategy across multiple sectors in recent times – including an ongoing acquisition spree which has added a number of enterprises in just the past two months.

Initially joining the firm in 1983 (at what was Andersen Consulting), Nanterme was made partner in 1993, rising through the ranks to become Accenture’s country managing director in France in 2005. Five years later and he was named as CEO, taking on the additional chairman role in the following years. In 2016, Nanterme revealed that he had been diagnosed with colon cancer – otherwise given the green light to stay actively involved in Accenture’s day-to-day operations.

Citing health reasons, Nanterme has now stepped down from his dual CEO and chair positions, effective immediately. “It has been my honor and privilege to serve Accenture’s people and our clients for my entire 36-year career, and I’ve never been more confident in our business strategy, leadership team and people,” said Nanterme. “This is the right decision for my family and me, so I can focus on my health.”David Rowland named interim chief as Accenture CEO steps down Following Nanterme’s resignation, Accenture has appointed former Chief Financial Officer David Rowland as interim CEO, and independent lead director Marge Magner as non-executive chair. “I know that David’s significant involvement in developing and delivering our growth strategy to rotate our business to new, high-growth areas of digital, cloud and security, and his tenure as a highly respected senior leader and developer of talent, will make this transition seamless,” Nanterme said.

Like Nanterme, Rowland has been with Accenture since 1983, following a B.Sc degree in management from the Georgia Institute of Technology. Rowland has held numerous leadership roles over the course of his career at Accenture, including a six-year stint as senior vice president of Finance before ascending to the CFO position in 2013. Rowland has been replaced by Finance Operations Managing Director KC McClure, who has been with the firm for thirty years.

“I am very honored to serve as Accenture’s interim chief executive officer,” Rowland said. “I look forward to working closely with our talented, best-in-class leadership team, including KC as our new CFO, to continue building on the strong momentum in our business. On behalf of our 469,000 Accenture people around the world, I want to thank Pierre for his inspirational leadership and stewardship of our company. He has clearly left Accenture better positioned for generations to come.”

Magner, meanwhile, has served on Accenture’s board of directors since 2006. “Pierre is stepping down after a remarkable career at Accenture,” she said. “On behalf of the board, we thank Pierre for his leadership and visionary role in transforming the company to lead in a digital world. Pierre demonstrated exceptional commitment to clients and a passion for developing a deep bench of extraordinary leaders and has been an outstanding advocate for creating a culture of equality at Accenture.”


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Deloitte adds Richard Hayler as Disputes and Arbitration leader

16 April 2019 Consultancy.asia

Deloitte has brought in Richard Hayler as its new Southeast Asia Disputes and Arbitration Leader. Hayler crosses from FTI Consulting – continuing the recent personnel shuffle in the regional forensics space.

Following the onboarding of veteran forensics expert Jarrod Baker as its new Forensic Investigations Leader for Southeast Asia earlier this year, global professional services leader Deloitte has added another ex-FTI Consulting executive to its regional forensics practice with the appointment of Richard Hayler as its new Southeast Asia Disputes and Arbitration leader. It’s Hayler’s second stint at the Big Four firm.

Originally starting out as an auditor in the chemicals, pharmaceuticals & energy practice of fellow Big Four firm KPMG in the UK (via a five-year Technical Director role with specialist life sciences consultancy Primarius), Hayler after three years crossed to Deloitte in 2008, serving as an Associate Director for its Forensic & Dispute Services division in London, and then from 2012 in Singapore. 

From there, Hayler joined the Singapore office of FTI Consulting’s Economic & Financial practice, promoted to senior managing director at the beginning of last year. Now, like his colleague Baker, Hayler has returned for his second stint with Deloitte, after respectively four and nearly six years with FTI. Meanwhile, FTI recently added e-discovery expert Christopher Marks as a senior managing director – continuing its global raid on Ernst & Young.

“I am delighted to be returning to Deloitte rejoining old friends and being on board with a great team,” Hayler said. This is an exciting time to be back at Deloitte as the firm has made great strides integrating to serve its clients across Asia Pacific better and I look forward to being part of that success.” As of September last year, Deloitte began integrating its Asia Pacific arms into single operational unit – with a co-attendant $321 million investment committed to human capital.Deloitte adds Richard Hayler as Disputes and Arbitration Leader in Southeast AsiaHayler across his career has developed expertise in a broad range of  competencies around forensics, disputes and litigation, including complex valuations, M&A and contractual disputes, accounting irregularities; alleged misappropriation, asset tracing and fraud investigations among others – having led or advised teams multiple jurisdictions in “some of the largest and most complex cases in the last decade.”

“Having Richard in our leadership team is a strong market differentiator,” said Tim Phillipps, Deloitte’s Financial Crime Strategy and Response Network leader for APAC. “His track record and extensive experience will be critical as we continue to expand and strengthen our presence in the Southeast Asia region.  It will enhance our capacity to serve our clients, and ensure that we continue to provide clear, timely and insightful counsel.”

In addition to Deloitte, Hayler serves on the Standards Review Board of the International Valuation Standards Council, as well as being a member of the adjunct faculty at Singapore Management University’s School of Law and the Honorary Treasurer for the Board of Directors of the Chartered Institute of Arbitrators Singapore. He was also last year a group representative for financial & fintech business group with the local British Chamber of Commerce.

According to the firm, Hayler’s recruitment forms part of its plans to expand its forensics services in the region – a practice which has already grown substantially in recent years to include more than 125 dedicated forensic practitioners based in Singapore, Indonesia, Malaysia, Thailand, and Vietnam, with growth driven by investment in disputes and arbitration, electronic discovery, investigations, forensic digital platforms and financial crime advisory and analytics among other areas.