KPMG has announced the appointment of James Stewart OBE, recently chief executive of Infrastructure UK (IUK), as chairman of its global infrastructure practice.
Mr. Stewart joined KPMG in May as a partner and will succeed Dr. Tim Stone CBE as chairman of KPMG’s global infrastructure practice in September. Tim will retire from the KPMG partnership at the age of 60. Nick Chism remains global head of infrastructure.
Prior to joining KPMG, James was based in the Treasury as CEO of Infrastructure UK. In this role he oversaw the UK government’s long-term planning and delivery of infrastructure projects. In 2010 he played a lead role in producing the UK’s first National Infrastructure Plan. Prior to his role at Infrastructure UK, James successfully led the operations of Partnerships UK for 10 years and was instrumental in establishing many of the UK’s most influential and sustainable infrastructure delivery partnerships.
Before that James held positions as head of European project finance at Newcourt Capital and as global head of infrastructure and environment at Hambros and Societe General. He graduated from Pembroke College in Oxford with a BA in Chemistry and is a Fellow of the Institute of Civil Engineers.
Nick Chism, global head of infrastructure at KPMG comments: “We are delighted to have James on board. He has been the face of UK infrastructure, in the UK and internationally, for the last 10 years and is widely respected for the leadership qualities he has shown over this period, managing multiple stakeholders through complex issues. He has deep knowledge of the industry and is capable of making tough calls, but is also known for his fairness.”
James Stewart comments: “What has impressed me about KPMG is the quality of its people, the ambition of its vision, and its determination to be a leading player in the global infrastructure market. With 3000 people in its global infrastructure group operating in over 100 countries there is a great platform established already. ”
Dr. Timothy Stone comments: “James is someone I’ve known well and greatly respected for many years and I’m absolutely delighted he has joined our team. Infrastructure is a priority business area for KPMG. Since 2007, the firm has been pursuing a strategy which focuses on the global infrastructure challenge and aims to assist clients in pursuing business deals and strategies around the world, across all stages of the infrastructure lifecycle.”
About KPMG’s Global Infrastructure Practice:
KPMG has 3000 professionals working in the sector across an extensive global network. The team provides a range of advisory services on infrastructure strategy; procurement and financing of new infrastructure; the delivery and effective operation of major infrastructure assets; and investment in infrastructure.
For further information please contact:
Tel: +44 207 896 4232
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with nearly 11,000 partners and staff. The UK firm recorded a turnover of £1.6 billion in the year ended September 2010. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 150 countries and have more than 138,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.