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Economy

KPMG leader appointed Iraq commissioner

Monday, 07 January 2008

Michael Wareing, chief executive of KPMG International, has been appointed as commissioner within the new Basra Development Commission (BDC).

The BDC will be a high-level, over-arching body which will bring national, regional and international business knowledge together to advise on investment and growth for the province.

Its strategy is to develop a plan for economic development involving both the public and private sectors, and regional and international stakeholders.

Wareing said that he was delighted to accept his new position heading-up international input to the Basra Development Commission.

“There are enormous opportunities for business and enterprise, and – as commissioner – I am excited by the prospect of helping to achieve economic growth which will benefit not only the people of Basra and Southern Iraq, but also the entire region," he added.

Wareing was previously chief executive of KPMG's Europe, Middle East, Africa and South Asia region, a position he held since 2002.

He joined KPMG in 1973 and was articled as an accountant in Birmingham. He rose to deputy senior partner in Birmingham, and has also held a number of senior national positions for the UK firm. He has been the lead partner for a number of KPMG's major clients.

Wareing has been closely involved in work for a number of UK charities and public bodies. He is currently a board member of Business Action on Homelessness and joint chairman of Project Compass, which aims to help homeless ex-Armed Services personnel return to full time work.

He has recently been appointed as chairman of the Global Partner Network, which is led by Business in the Community and which seeks to bring together NGOs charities and companies in the Corporate Social Responsibility area globally.

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