Aug 12, 2026 – 5.13pmMichael Ebeid has been appointed KPMG’s inaugural independent chairman by the firm’s partnership, in a vote that also approved changes to its governance structure designed to help it move past its audit misconduct scandal.The appointment of Ebeid, a former SBS boss, was passed on Wednesday afternoon and is effective immediately. It came despite disquiet within the firm about his nomination and a concentrated push by a group of partners to scupper his election.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles