Arun Kumar succeeds Richard Rekhy as KPMG India chairman

Kumar joins at a time when the Big Four accounting and audit firms are jostling for market share

KPMG India board has elected Arun M Kumar as chairman and CEO to lead the India operations of the consulting and accounting major.

He succeeds Richard Rekhy, who stepped down in November last year following a large-scale exodus of key people from the advisory team.

Earlier in January 2016, Rekhy had been re-elected for a four-year term.

Kumar, who spent the majority of his career with KPMG in the US, will take charge from February 5 for a five-year term.

Kumar joins the firm at a time when the Big Four accounting and audit firms are jostling for market share