Dr. Rasheed Al-Qenae appointed Chairman of the KPMG Middle East, South Asia, and Caspian (MESAC) region

The KPMG Middle East, South Asia, and Caspian (MESAC) region’s Board appointed Dr. Rasheed Al-Qenae as its Chairman effective January 2023. In this capacity, Dr. Rasheed will also represent the MESAC region on the KPMG Global Council and the KPMG Europe, Middle East, and Africa (EMA) region’s Board.

This is the first time in the history of KPMG that a Senior Partner from Kuwait has been appointed to this prestigious role which covers the entire GCC region, parts of South Asia and the Caspian countries. 

Dr. Rasheed Al-Qenae is presently the Managing Partner of the KPMG member firm in Kuwait, a role which he has been holding since 2010. Dr. Rasheed was appointed to the KPMG MESAC region’s Board in 2018. He took additional responsibilities as the Chairman of the MESAC Tax Steering Group and as the Head of Tax for the MESAC region in 2017. He also played an active role in the region’s leadership development centers and strategic corridor program.

Dr. Rasheed holds a PhD in Accounting from the University of Essex in the UK, a Master of Professional Accounting from the University of Miami in Florida, and a Bachelor of Commerce from Kuwait University. He was the Chairman of the Kuwaiti Association of Accountants and Auditors in the year 2011/2012.

Commenting on the appointment, Dr. Rasheed said, “I am deeply honored to be appointed Chairman of the KPMG MESAC region. I want to thank the MESAC Board, which bestowed their confidence and trust in me, and to my fellow KPMG partners and teams for their unprecedented support.” 

“My predecessors have helped the MESAC region tremendously in its growth journey and I intend to continue this momentum. Our focus remains on clients’ priorities, recruiting and nurturing talent, investing in relevant technology, strengthening our alliance and corridor ecosystem, and making a meaningful impact on our communities.” he added. 

In FY21, KPMG member firms in the MESAC region witnessed an increase in aggregate revenue, doubling to 18.3% in local currency terms for FY22, while its talent pool exceeded 10,000 people for the first time. The KPMG MESAC region is one of the largest and fastest growing sub-regions within the KPMG network of member firms, and covers more than 30 office locations across 21 countries and territories, including Armenia, Azerbaijan, Bangladesh, Bahrain, Egypt, Georgia, Iraq, Jordan, Kazakhstan, Kyrgyzstan, Kuwait, Lebanon, Oman, Maldives, Palestine, Pakistan, Qatar, Saudi Arabia, Sri Lanka, the United Arab Emirates, and Uzbekistan.