The former boss of SBS has been appointed KPMG’s inaugural independent chairman by the firm’s partnership, in a vote that also approved changes to its governance structure.

The timing of the wannabe chair’s mea culpa suggests he’s sorry he got caught, rather than being sorry for what he did.

The former boss of SBS has been appointed KPMG’s inaugural independent chairman by the firm’s partnership, in a vote that also approved changes to its governance structure.