Richard Rekhy to head KPMG India

Rekhy has been with KPMG India for the past eight years. He replaces Russell Parera, who will continue to be in the organisation.

Professional services firm KPMG India has promoted Richard Rekhy, COO, advisory as CEO of KPMG India. Rekhy replaces Russell Parera, who continues to be within the organisation in another role. Parera was CEO of the company for the past six years.

"I have led the India firm over the last six years. As I hand over the baton to Richard, the firm is poised to further grow under Richard's leadership," says Parera.

Rekhy joined the company in 2004 as head of RAS Practice. He was promoted as COO, advisory in 2006. He led the advisory practice, making it one of the biggest advisory practices within the global KPMG network.

Rekhy says, "The global and the Indian economy are going through some significant changes. I look forward to invest in our clients and people and lead the KPMG practice in India towards the next wave of growth."

Rekhy started his career with RSM & Co in 1983. He moved out of the company in 1996 as managing partner, North India. In 1997, Rekhy joined Arthur Andersen as partner in the assurance and business advisory practice.

In 2002, however, he shifted to join EY, Bangalore as partner in the Risk & Business Solutions (RABS) Group. From there on, he shifted to KPMG as head of RAS Practice in 2004.