PwC is sending one of its most senior British executives to China with orders to steer the firm’s business in the country through the fallout from its audits of Evergrande, the collapsed property developer.
Global leaders at the Big Four professional services group have asked Hemione Hudson, who was on the shortlist to take over as PwC’s UK boss earlier this year, to lead the Chinese division.
Sources suggested she would be working in China indefinitely and that a return date had not been set. News of her move was first reported by the Financial Times. A spokesman for PwC declined to comment.
PwC’s operation in China is its third largest network with about 20,000 employees, behind only the United States and Britain. The firm