KPMG names managing partner

TERENCE O’ROURKE will become managing partner of accounting firm KPMG from next May.

He has been elected to succeed Denis O’Connor, who is stepping down following a serous illness. Mr O’Connor will remain a partner in the firm. Mr O’Rourke joined KPMG in 1975 and was elected a partner in 1988. He is a former president of the Institute of Chartered Accountants in Ireland.