New faces at the top of PwC 05 July 2016London Reporter: Stephanie Palmer
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Bob Moritz, the new chair of PwC has appointed his leadership team, which took office on 1 July.
Moritz took over the role from Dennis Nally, who has retired after 42 years at PwC.
New leadership appointments include Richard Oldfield, who joins as head of global markets and services, Carol Sawdye, who will be COO, and Mary Waldron, who will be chief risk officer.
Seven of the previous leadership team are staying on under Moritz, including Robert Swaak, head of global clients, industries and sectors, and chief information officer Sigal Zarmi.
Moritz and the new leadership team will work closely with senior partners in China, the US and Germany, aiding with setting the overall strategy for PwC.
Moritz said: "The leadership team reflects our focus and ambitions for the future, the international nature of our network, and the very diverse pool of talent we have at PwC. The whole team is excited to work together to deliver our global strategy and to make a positive difference for all our stakeholders around the world.”
"Finally I would like to thank Dennis Nally, who has retired after seven years as network chairman and 42 years with PwC. [He] made an enormous contribution to PwC overseeing a period of great growth and expansion and we wish him all the best for the future."
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