KPMG in the Crown Dependencies has announced two new Partner promotions.
Rachid Frihmat (pictured) and Barry Ryan are both promoted to Audit Partner, with the new positions taking effect from 1 October 2022.
These promotions recognise the growth of the firm within the Crown Dependencies, particularly in Guernsey in current times.
Rachid was born in Guernsey and started his career in the Guernsey office in 2004. After qualifying as a Chartered Accountant, Rachid worked for two years at KPMG in Hong Kong before returning to Guernsey to continue his career with KPMG in the Crown Dependencies.
Rachid specialises in delivering audit and assurance services to financial services clients, predominantly in the asset management industry, including funds listed on the London Stock Exchange and alternative investment funds, comprising private equity, renewable energy and property fund structures. Over recent years, Rachid has been involved in the delivery of sustainability reporting and assurance engagements for a number of Guernsey Green Funds.
Barry re-joined the Guernsey office in 2013 as an Audit Director, after working with another Big-4 firm in Ireland for a number of years. Following his return to Guernsey, Barry grew a number of significant audit relationships across the UK, Europe and America. Barry has extensive experience leading the audits of listed and unlisted traditional and alternative investment funds, including asset managers, private equity houses, and renewable energy funds.
Going forward, as Audit Partners, both Rachid and Barry will continue to lead audit teams focussed on their sector experience.
Neale Jehan, Senior Partner at KPMG in the Crown Dependencies, commented: “These promotions represent the continued growth we have seen and expect to see across the Crown Dependencies firm. I’d like to personally congratulate Rachid and Barry on their promotions to a KPMG Partner. It is a pleasure to announce Partner promotions in Guernsey and to recognise the hard work and diligence of colleagues who are committed to delivering quality, supporting the firm to grow and demonstrating our commitment to the island.”
