Sean Duffy Joins KPMG Bermuda As Partner
KPMG in Bermuda has appointed Sean Duffy as a Partner in its Tax practice, succeeding Jay Payne, who is retiring after more than 30 years in the tax profession.
A spokesperson said, “KPMG in Bermuda is pleased to announce that Sean Duffy has joined the firm as a Partner in its Tax practice.
“Sean joins KPMG with more than 25 years of experience in the United States advising public and private companies on domestic and international tax matters, financial reporting, tax compliance and tax governance.
“Throughout his career, Sean has worked extensively with clients across financial services, private equity, real estate, manufacturing and consumer sectors. He brings significant experience in income tax accounting under both US GAAP and IFRS, tax compliance, transaction advisory and leading large, internationally distributed teams.”
Will McCallum, Head of Tax , said: “We are delighted to welcome Sean to KPMG in Bermuda. His extensive technical expertise, leadership experience and client-focused approach will further strengthen our Tax practice as we continue to support clients navigating an increasingly complex and evolving tax landscape.
“Sean’s experience advising multinational organisations, combined with his strong track record of building high-performing teams and delivering exceptional client service, makes him an excellent addition to our leadership team. We look forward to the insight and leadership he will bring to our clients, people and the wider firm.”
Commenting on his appointment, Sean Duffy said: “I am excited to be joining KPMG in Bermuda and look forward to working alongside such a talented team. Bermuda continues to play an important role in the global business landscape, and I am eager to support our clients as they respond to evolving regulatory and tax developments while pursuing their strategic objectives.
A spokesperson added, “The appointment comes as Jay Payne retires following a distinguished career in tax spanning more than three decades.
“Throughout his career, Jay has been a trusted adviser to clients across a broad range of industries and has played an important role in the growth and success of KPMG’s Tax practice in Bermuda. Known for his deep technical expertise, strong client relationships and commitment to developing people, he has made a lasting contribution to both the firm and the profession.”
“Jay has made a significant contribution to KPMG during his time with the firm,” said James Berry, Chief Executive Officer of KPMG in Bermuda. “He has been a trusted adviser to our clients and a valued colleague to many across the firm. We thank Jay for his years of service and wish him all the very best in his retirement.”
Commenting on his retirement, Jay Payne said: “It has been a privilege to spend my career working alongside exceptional clients and colleagues. I am incredibly proud of what we have achieved together and grateful for the relationships, experiences and opportunities that have shaped my time at KPMG in Bermuda. I leave knowing the Tax practice is well positioned for the future, and I wish Sean and the team every success in the years ahead.”
A spokesperson added, “KPMG in Bermuda thanks Jay for his years of service and looks forward to welcoming Sean as he joins the firm’s leadership.”
