New York: Dennis Nally has been reappointed to a second term as Chairman of PricewaterhouseCoopers International Limited. The appointment has been ratified by PwC's network of member firms worldwide. Nally's new three-year term will begin on 1 July 2013.
In announcing Dennis Nally's reappointment, Brad Oltmanns, the Governance Board Chairman of PricewaterhouseCoopers International, said, "Dennis Nally has done a tremendous job guiding the PwC worldwide network over the last few years. His strong leadership and keen vision of the future for our businesses around the world will provide the direction needed to assure our continued success."
Nally, whose first term as PwC's Global Chairman started on July 1, 2009, joined PwC's Network Leadership Team in 2008, and from 2002-2009 was the Chairman and Senior Partner of PricewaterhouseCoopers US. Prior to that, he served in a variety of leadership and client service roles.
"I am honoured to have been chosen for a second term and gratified to have the confidence of PwC member firm partners around the world," Nally said.
"These are challenging times — both in terms of the state of the global economy and some of the regulatory issues faced by the auditing profession. But I believe that the organisation that is able to adapt and stay relevant to its clients, remains a magnet for top talent, and puts quality at the heart of everything it does, is one that is going to continue to succeed."