Johannesburg – KPMG in South Africa has introduced the appointment of Joelene Pierce as the brand new CEO of the agency in South Africa.
The appointment, efficient 1 March 2026, was made on account of incumbent CEO Ignatius Sehoole’s imminent retirement.
Sehoole retires on 1 March 2026.
Partners of the agency voted for the appointment on the thirty first of July 2025, signaling not solely the power of experience that Pierce brings to the agency, but in addition that the newly elected CEO affords unparalleled experience in each main the enterprise, in addition to understanding the distinctive and dynamic nature of the consumer and financial surroundings through which it operates.
Pierce presently serves because the Head of Financial Services in South Africa and is a member of the KPMG South Africa Policy Board.
Having been with the agency for the previous 26 years, endeavor a accomplice function for 19 of these, she brings intensive experience in key areas of monetary companies together with: retail banking, company treasuries, securities buying and selling and asset-based securitisation buildings and has labored with a lot of the agency’s prime 10 shoppers.
Says Ignatius Sehoole, present CEO of KPMG South Africa and Chairman of KPMG Africa: “It is an honour to hand over to not only a highly skilled, responsible leader, but one whose career has been underpinned by driving the core principles which we, as a business, are passionate about and actively drive within the sector”.
He continued: “However, it isn’t simply the technical expertise and know-how that units CEOs aside; it’s the means to really join with varied stakeholders and to make sure that everybody, each internally and externally, stays dedicated to the agency’s key values and rules.
“Her appointment ensures {that a} sound deal with revolutionary and subsequent era pondering can be prioritised alongside the important thing focus areas of moral governance, integrity and holding the agency accountable to keep up public belief.
“This is essential to build the firm of the future for both our clients and for our people.”
Commenting on her appointment, CEO Joelene Pierce mentioned: “I’m extraordinarily grateful and honoured to tackle this new function and construct on the sturdy foundations created throughout Ignatius’ [Sehoole] tenure.
“I’m dedicated to remaining targeted on transformation and moral apply, in addition to embedding essential pondering into the enterprise.
“This will make sure that, along with persevering with the sturdy deal with instilling belief within the model, we proceed to broaden the agency’s function in social and financial growth.
“With a strong client base across different sectors, building on this will be a priority, along with continued development for our people and culture.”
KMPG mentioned Sehoole and Pierce will undertake a targeted handover over the subsequent few months, to make sure a easy transition into her function and to proceed offering unwavering help and high-quality service to the enterprise, shoppers and workers.
“We wish Ignatius all the best and would like to thank him for the unwavering commitment to the KPMG brand over the last six years,” said Prof Nkuhlu, Chairman of KPMG South Africa.
“His contribution has been exceptional, and he has led this business with the highest level of ethics, transparency, and diligence, with a solid commitment to transformation and market excellence.”
