Central to supporting this change would be the advice and counsel of a team of leading audit professionals who could both deliver a highly-effective audit, while also providing appropriate value-added input in relation to the bank's transformation goals.
KPMG in China was a perfect match. The local firm developed a deep understanding of the goals of the bank and provided a dedicated and diverse team of China-based professionals that demonstrated their leadership in this area.
Michael Andrew, Chairman, KPMG International,
Stephen Yiu, Chairman, KPMG in China
and the engagement team.
KPMG in China also clearly showed their dedication to the account by bringing together the bank's Chairman with KPMG International's senior global leadership, such as Michael Andrew, Chairman of KPMG International, and Jeremy Anderson, Chairman of the Global Financial Services practice, who, together with the leaders of the China Financial Services practice, reaffirmed the importance of the relationship and value of working together.
"Our successful cooperation on a variety of advisory projects over the past 5 years helped us build strong relationships and credibility with the organization's leadership. We get things done right and on time," noted Stephen Yiu, Chairman of KPMG in China. "The bank will now have access to our finest and most experienced audit professionals through the transition period."