Outgoing-ACS President to head up KPMG Indian IT advisory business

Will oversee growth of its consulting services to international and Bangalore-based businesses

Outgoing ACS President Kumar Parakala has taken up a new role as the head of the IT advisory business at KPMG in India.

The two year secondment based in Bangalore will see Parakala aim to put the business on a growth trajectory.

Parakala, formerly the COO of KPMG’s IT advisory business, will continue as a partner at the firm and as the global head of sourcing. According to Parakala, who has been liaising between the Australian and Bangalore operations for the last six months, KPMG will look to support both Indian and multinational IT organisations operating in the country.

“One of the things we will do is build up our business in India which is aligned to support local businesses as well as those that come to set up their operations in India,” he said. “We will advise them on a gamut of things [including] tax, audit and business management services.”

KPMG’s decision to appoint an Australian to the role was based on a cultural fit between India and Australia, Parakala said.

“There is a tremendous amount of respect for Australian management skills and the Australian way of running businesses,” he said. “They are highly regarded for their management style, open approach to addressing challenges and coming up with practical solutions, ability to communicate and connect with people of all levels.”

“India is in a tremendous need for senior management talent and there are many Australians already working in India in a management capacity… so that is a great sign of how good our people are.”

As reported by Computerworld, Parakala hinted at his move to the new role in October.

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More about: ACS, KPMG
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Comments

1

Anonymous

Mon 02/11/2009 - 20:15

how appropriate.....

2

Anonymous

Tue 03/11/2009 - 09:01

"How appropriate" - Couldn't agree with you more.
The ACS has lost its way and what it is meant to represent for Australian members, which really means an underlying positive influence for IT WITHIN Australia, not support overseas interests.
The trend of impotence with the organisation has been there for many years. A cliche perhaps, but get with the "program" ACS.
You might start with the pathetic re-vamp of the website to see if you can really cut it.
In my view, it was far more functional and User friendly before someone got their grubby little fingers on it and was presumably paid for the task - pity about the Analysis, Design and PM for the project of a supposedly elite organisation.
Bottom line is your job is to help train, support and safeguard the interests of members, not portray any whimsical notions that may be appear to be in vogue by some minority groups.

3

Anonymous

Sat 07/11/2009 - 19:30

It is pity that our leaders in the IT industry are moving overseas as our brain-drain is at record high. We have long list of successful Aussies moving overseas running large international companies.We need to address our inward looking myopic vision of our IT industry as jobs and people moving offshore. ACS needs to do more to connect its members globally and create jobs for them. We can remain isolated from rest of the world as IT is the only real global profession. ACS has an important role play and its time to "walk the talk."

4

Anonymous

Tue 10/11/2009 - 17:08

To those who would like to wish globalisation away ... please wake up. The future of our Australian economy is in our offshore relationships. No sector is better placed than ours to capitalise on this. History is full of 'case studies' that illustrate what happens to companies, to sectors and to industries that try to turn back the hands of time.

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