<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The chief executive of KPMG Australia has resigned after an investigation into the accounting giant's handling of a whistleblower's allegations.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>KPMG chair Martin Sheppard has accepted the resignation of chief executive Andrew Yates effective immediately, the firm announced in a release today.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>KPMG's national managing partner audit and assurange Julian McPherson will also stand down from his role effective immediately and will resign after transitioning his client responsibilities.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>LIVE UPDATES: </span></strong><a href="https://www.9news.com.au/national/federal-politics-live-updates-labor-liberal-latest-news-headlines-may-29/c07e151d-57f8-4e84-b369-3ea3a0b1cabc"><strong><span>Opposition leader doubles down on calling Prime Minister 'arrogant prick'</span></strong></a><strong></strong></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The shake-up comes after legal firm Allens was appointed by the comany to investigate its prior internal and external investigations, and found that they had fallen short of the rigour required to investigate a whistleblower's claim that client documents were being inappropriately shared internally.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"I have been committed to a speak-up culture in our firm, it is clear that in this case we have let ourselves down and I take accountability," Yates said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Stan Stavros has been appointed interim chief executive.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/kpmg-ceo-resigns-whistleblower-allegations/cf79691c-c96d-41fa-b8ed-d1c6ed0fddab" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><em><span>More to come.</span></em><span></span></div></div>