KPMG US on Friday announced the establishment of an AI and digital innovation group led by newly named vice chair Steve Chase, effective October 1.
Chase’s promotion to vice chair will give emerging technology leadership a seat at KPMG’s management committee, the Big Four accountancy said in a press release.
“To support our leadership ambitions and unlock the next phase of growth for KPMG and our clients, the new AI and Digital Innovation group will set a firmwide innovation agenda that will enhance how we serve our clients, transform our operations, and create exciting career opportunities for our people – while ensuring we have the right safeguards in place to maintain the trust of our stakeholders," said CEO Paul Knopp.
Chase, who previously served as US consulting leader, will oversee investments in AI services and solutions, integration of emerging technology into existing services, new ways of working, and AI governance. He will also lead KPMG’s AI center of excellence, which includes the firm’s AI client services, innovation lab, and responsible use program.Based in Dallas, Chase has been at KPMG since 1994, primarily focusing on large-scale technology and business transformation projects in the telecommunications industry. He has served as US consulting leader since 2019 and before that was head of management consulting.
Chase has an MBA from The University of Texas at Austin and a bachelor’s degree in economics and philosophy from The College of William & Mary.
"Today is a watershed moment for KPMG, and I am honored to take on this new role," Chase said. "We have a world-class team who will accelerate innovation at KPMG, providing urgent and firmwide focus to how we transform KPMG through the systemic adoption of AI, data and emerging technology."
Atif Zaim, national managing principal for advisory, will succeed Chase as US consulting leader. Zaim has been at KPMG since 1994 and previously led the US customer and operations service line within the advisory business.
The creation of KPMG’s AI and digital innovation group follows a July announcement that the firm would invest $2 billion in AI and cloud services over the next five years through an expanded partnership with Microsoft.
Sourced from Consulting.us