Magnus Fagerstedt new CEO for KPMG Sweden
KPMG has recruited Magnus Fagerstedt as CEO for its Swedish operation. Magnus Fagerstedt is a highly regarded auditor with assignments from several different industries including the financial sector, public sector and healthcare. Magnus has been a partner at EY since 1997 and has had various assignments within the Swedish and Nordic management organization.
“Magnus has a proven ability to drive and implement changes. He has extensive experience in executing leadership and creating effective organizations.. Magnus will have time to devote all his energies to achieving the operation’s overall objectives and the implementation of KPMG’s strategic plan, which we feel is crucial for a professional service company in tomorrow’s world,” says KPMG chairman, Björn Hallin.
KPMG has around 1,700 employees in 50 locations around Sweden active in auditing, accounting, tax and consulting. KPMG is owned by 99 partners, and its revenues in 2016 were just over SEK 2.1 billion.
“Being asked to take up the position as CEO at KPMG is enormously exciting. KPMG runs a professional, well-respected operation and hopefully I can provide inspiration and experience to revitalize and develop the company,” says Magnus Fagerstedt.
In Magnus Fagerstedt, KPMG has recruited a CEO tasked with leading and implementing necessary changes with the vision of making KPMG the natural first choice for colleagues and clients alike. Magnus extensive experience of the industry and documented ability to lead and implement major change projects influenced our choice heavily. Magnus will take office as CEO of KPMG Sweden on August 14.
At KPMG we work with our clients to inspire confidence and empower change. What drives us is a desire to pass on business insights and provide expert audit, tax and advisory services tailored to specific industries. Our global network of 189,000 specialists in 152 countries makes us one of the world’s leading knowledge companies. In Sweden we have a strong local presence with 1,700 employees at around 50 locations.