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KPMG (Klynveld Peat Marwick Goerdeler)

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Ajay Vaxmani
Jul 13, 2022
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KPMG stands for KLYNVELD PEAT MARWICK GOERDELER. It is formed with the merger of Klynveld Main Goerdeler (KMG) and Peat Marwick International (PMI). The name KPMG is derived from the initials of its founding members.

KPMG entities in India are established under the laws of India and are owned and managed (as the case may be) by established Indian professionals. Established in August 1993, the KPMG entities have rapidly built a significant competitive presence in the country. Today we operate from offices across 14 cities including in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.

 

KPMG entities have a domestic client base of over 2700 companies. Our global approach to service delivery helps provide value-added services to clients.

 

Our differentiation is derived from a rapid performance-based, industry-tailored and technology-enabled business advisory services delivered by some of the leading talented professionals in the country. KPMG professionals are grouped by industry focus and our clients are able to deal with industry professionals who speak their language. Our internal information technology and knowledge management systems enable the delivery of informed and timely business advice to clients. 

The LeadershipTeam is the principal governing body of KPMG's operations in India. The team is headed by the Chairman and CEO and includes the Deputy Chief Executive Officer, Chief Operating Officer and the Heads of functions

At KPMG in India, we view citizenship as a responsibility and a core value, essential to who we are. We define our purpose as ‘inspiring confidence, empowering change.’ We buttress confidence in the capital markets that allow for the flow of investments and the creation of jobs. We work to enable our clients, our communities and the countries where we work to change for the better.

In these truly unprecedented times, as the COVID-19 pandemic continues to escalate, the call to rise to the demands of constructive citizenship is particularly strong.

 

Accordingly, KPMG teams stepped up and volunteered our services to the central and many state governments to help them navigate the crisis. We made available our capabilities and talent in healthcare, artificial intelligence and data analytics to help track and manage the spread of the disease. Our teams worked on the front lines even during the lockdown phase, contributing to critical national goals.  

 

Over the last year, we have continued to champion the cause of the UN’s Sustainable Development Goals (SDGs), with a keen focus on Quality Education, SDG number 4. By empowering the leaders of tomorrow with skills, resources and knowledge through Lifelong Learning, we advance education, instill confidence and build capabilities for the long-term success of communities in India and around the world.

 

Our efforts span the educational continuum - and the results have been tangible. Through our flagship initiative, KPMG’s Family for Literacy, we have helped set up and support libraries, placing books in the hands of the children in need. We continue to pair our people with primary schools where they volunteer their time reading to young students. Equally, we believe in investing in our teachers, as effective teaching is key to achieving learning outcomes.

 

Our Aspire programme aims to empower young disadvantaged girls who are also first-generation learners in their families; over 225 girls across six schools benefited last year. The programme does not just stop with learning at the school or college level. This year, we proudly welcomed Shilpa Sharma, an Aspire beneficiary since 2014, to our Financial Risk Management team in Mumbai.   

 

We believe that learning extends beyond the classroom and beyond school and college years. Together with the KPMG Foundation, we are delivering meaningful outcomes by supporting education and lifelong learning. Such activities help prepare the workforce of the future, help with readiness to embrace the challenges of a global, interconnected marketplace.

 

Our people remain the strength and backbone of our Corporate Citizenship initiatives. Congratulations to Dudhsagar Shambhuche, for showing exceptional commitment towards our community initiatives, and for being recognised by the firm as ‘Citizen of the Year’ for 2019-20.

 

Through Enactus, an integral part of KPMG's Corporate Citizenship programme, 40 partners and senior staff mentors continued to guide students from over 50 colleges across the country, helping students develop talent and perspectives that will propel many of them to become India’s future entrepreneurs and leaders.  

 

As always, the Infrastructure, Government and Healthcare team continued to engage in nation-building efforts tirelessly, advising and assisting in the implementation of both central and state government projects in a variety of areas. For instance, by working with the Rural Development Department, Government of Maharashtra on its special scheme, .......

That's how the KPMG works .... 


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