Great news, Dato Gumuri Hussain has been appointed Executive Chairman of the AOB. A distinguished professional that has always held himself with the poise and the demeanour that is becoming of a true professional. Amongst his stellar record is the fact that he was a very senior partner at Cooper & Lybrand and then PwC, Chairman of SME Bank, MD of PMB and a member of the Board of Commissioners of the SC.
He has a cv that is better than the job requirement and that of the the person that he will be reporting too, notwithstanding this it is timely that a person of such calibre has been appointed to clean up the mess at the AOB thus far.
He has many challenges in front of him amongst which will be to,
1. Establish a reputation for the AOB, to demonstrate very publicly that the AOB is not biased and favours the Big4.
2. Introduce professionalism into the AOB.
3. Don't fall into the Big 4 trap/mantra of they know all, please listen to us.
4. Navigate the shifting sands of the SC with all its politicians.
Notwithstanding these I am sure he will do what is right, rein in the auditing profession and return integrity to the AOB.
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