KPMG Appoints New Global Head of AI

December 8, 2023 marked a groundbreaking new advancement in KPMG International’s history. As part of their strategic move, the company appointed a new Global Head of AI, David Rowlands.

Why is this a big deal? Well, for starters, it indicates KPMG’s commitment to implement AI and welcome it as an important element in its growth. Some global companies are shunning AI and are trying to move away from AI-driven operations.

In this context, this is a bold move that can shape their entire future endeavors. KPMG Trusted AI framework was also introduced as a global initiative to guide:

• Responsible designs
• Ethical building
• Development and deployment

And the use of AI solutions among many other goals. Read on to learn the finest details of this update and gather expectations for the future.

A Complete Breakdown

David Rowlands' appointment by KPMG demonstrates the company's proactive attitude to remaining at the forefront of artificial intelligence. Rowlands has a breadth of expertise executing technology-enabled changes across various global customers, having previously served as Head of Consulting for KPMG in the UK.

An image of David Rowlands. 

(Image source: KPMG)

The purpose of the Global Head of AI post is to lead and carry out KPMG's AI strategy. This approach goes beyond internal apps; it also improves customer interactions and streamlines the worker experience. The focus lies in the responsible integration of developing AI technologies, guaranteeing reliability and security.

A noteworthy element of KPMG's AI strategy is the launch of the KPMG Trusted AI framework. Comprising ten pillars, this framework is designed to instill principles of:

• Fairness
• Transparency
• Safety
• Sustainability
• Explainability
• Privacy
• Accountability
• Data integrity
• Security
• Reliability

With undeniably increasing AI scrutiny and regulation, KPMG aims to provide a robust guide for businesses navigating responsible AI deployment.

A Broader Context

The broader context of KPMG's strategic move aligns with a global trend where companies are actively embracing AI as a transformative force. KPMG's 2023 CEO Outlook revealed that 70% of global CEOs consider generative AI a top investment priority.

Business executives' realization that AI is more than just a technical tool is reflected in this trend. It is a tactical instrument that could offer businesses an advantage in the future. AI models are redefining company operations at a speed and scale that is promising for a brighter future for businesses and society as a whole.

Now, the appointment of David Rowlands extends beyond a leadership position. On the contrary, Rowlands is entrusted with driving KPMG's AI strategy, aligning it with business objectives, and ensuring that AI is integrated into client engagements and employee experiences.

Conclusion

David Rowlands' hiring as Global Head of AI is a critical turning point in KPMG's development as an AI leader. The industry can expect a domino effect, with other companies attempting to equal KPMG's advancements in ethical practices and AI usage.

The future of the AI market is linked to responsible deployment and innovative solutions. KPMG's strategic vision sets the stage for a future where AI is not just a technological tool but a force driving growth, innovation, and societal benefit.