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KPMG launches Global Centre of Excellence for Family Business.

KPMG has announced a new collaboration with Young Presidents' Organization (YPO) that provides all members of YPO's Global Family Business Network (GFBN) with exclusive access to knowledge on family businesses.

Family-owned companies have specific needs. To support them in their challenges, KPMG International has set up a Global Centre of Excellence dedicated to family business. This initiative offers greater access to knowledge and expertise available across the global network of family-owned companies.

"Our collaboration with KPMG helps us further our mission of strengthening families, businesses and legacies by connecting members to one another and to the best resources in the world," says GFBN Director Vicki Novikoff Barnhart.

KPMG's Centre of Excellence for Family Business takes the form of a dedicated team based in Paris and a combination of practitioners from KPMG member firms and independent experts such as Christine Blondel (Senior Advisor to KPMG on Family Business Intelligence), an adjunct professor of Entrepreneurship and Family Enterprise at the Wendel International Centre for Family Enterprise at INSEAD.

KPMG's Centre of Excellence provides insights on seven key issues of family business, that KPMG calls the Family Business Rainbow:




exit strategies,

wealth preservation,


succession and next generation.

KPMG's Family Business approach utilises the best combination of these seven needs. By sharing family business best practices and know-how, KPMG professionals will contribute to and increase knowledge of family businesses.

Abdul Wahab Al-Halabi Head of Family Business in the UAE said, "The combination of GFBN and KPMG creates a powerful platform which will enable a wide network of family business to benefit from the four decades of insights KPMG has developed in supporting family businesses in the region."

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Publication:CPI Financial
Date:Apr 24, 2013
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