Kunle Elebute, the urbane and well connected economist and accountant will be named Country Managing Partner at KPMG Nigeria, BusinessDay has learnt.
Elebute who currently heads the advisory practice of the firm will be stepping into the shoes of Oluseyi Bickersteth who has been National Senior Partner since 2002 and will be retiring shortly.
The in coming head of KPMG Nigeria studied economics at University of Manchester, qualified as a chartered accountant in 1986 and he is also a fellow of the Institute of Chartered Accountants of Nigeria.
Elebute has extensive experience in the areas of accounting, auditing, information systems audit and due diligence services working in Nigeria and West Africa.
He was admitted as a Partner at KPMG in1996 and was made responsible for the privatisation and emerging markets practice in 1999.
He led the Financial Advisory Services division which oversees corporate finance, transaction and forensic services for the West African sub-region from 2002 and became head of the Advisory Services Division in 2008.
He has varied experience in project management,public sector reforms, privatisation, valuation advisory, diagnostic reviews and assurance advisory services to both public sector and private sector organisations, including infrastructure, information technology, transport consumer markets, financial services, telecommunications and energy and natural resources companies.
Elebute has led several financial advisory services engagements for a significant number of domestic and international companies in connection with local and cross border transactions within the West African sub-region.
He is an active member and former head of the Infrastructure Workgroup of the Nigerian Economic Summit Group (NESG), a think-tank responsible for articulating key policy and institutional reforms necessary to upgrade Nigerian’s infrastructure base.
He acted as Quality Assurance Partner on the crafting of an overarching strategy, articulating imperatives for the Nigerian financial services industry to act as a growth catalyst for the Nigerian economy, tagged FSS 2020, which included providing advisory support for the project management office.
He served as project director for a team of financial and accounting consultants working in conjunction with the International Finance Corporation on the privatisation of the Lagos State Water Corporation.
He was also the project director to the World Bank, as part of a multi-disciplinary team of consultants responsible for the comprehensive evaluation of the Nigerian petroleum sector.
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