KPMG has fired Tim Howarth, the head of its financial services consulting division, after a probe into alleged misconduct.
“We hold all of our people to a very high standard and take swift and appropriate action against any individual whose behaviour contravenes the firm’s values,” it said.
However, Howarth has appealed against the decision.
“We can confirm conduct issues have been raised related to a partner and following an internal investigation and disciplinary panel, that partner has left the firm. Under our process the partner has appealed.”
Howarth said: “[It] is bizarre as the decision is under appeal. I have not been given the reason for that decision. I had already resigned from the KPMG partnership.
“I did not believe that the process was fair or would lead to a just outcome. There is no complainant and there were no formal allegations pursued by anyone,” he added.