News

Russell Bedford recruits four new members in Africa and the Middle East

May 2018


The new member firms, Ashwin Brothers in Kenya, Matrix Oman in Oman, Kasegenya & Co. in Tanzania and JKLC in Nigeria add to the steady network growth earlier this year.

Ashwin Brothers is one of the leading non Big-4 firms in Kenya. The firm was established 1967 and is based in the Westlands suburb of Nairobi.

With five partners and some 60 personnel, the firm offers a full range of services via a group structure: Ashwin Brothers offers statutory, internal and forensic audits; Alexander McDonald & Scott deals with tax and business consulting services; and Alexander Consultants Ltd is the accounting services arm of the group.

Matrix Oman is a licensed audit and consulting company, founded in 2009, and located in the capital city, Muscat.

The co-founder, managing director, Balkrishn Kamath, is a Chartered Accountant and acts as the audit and business advisory partner. The second co-founder, national director, Sulaiman Al-Rahbi, is an accounting graduate from Sultan Qaboos University, Oman. He has a local accounting licence and deals with Government & Omani clients matters.

Kasegenya & Co. is a leading mid-tier CPA firm based in Arusha, Tanzania’s third city, and has an office in the largest city, Dar es Salaam.

A four partner firm, Kasegenya & Co. serves clients in sectors such as tourism, agriculture, oil, construction, manufacturing, health and services, and includes institutions/foundations and NGOs/charities.

JKLC is a newly established four-partner firm, and the result of a merger of three existing independent practices – Rilcost Consultants, Adeleke Adedoyin & Co. and Korede Odulaja & Co. The partnership includes one other partner who joined from a Big-4 firm.

Based in Lagos, the business capital of Nigeria, the firm has around 30 personnel in total and offers a full range of business management, financial advisory, audit, taxation and accounting services.

Stephen Hamlet, Russell Bedford CEO, said of the new appointments: “I am delighted to see such steady growth within the network. After a very strong start to the year, it is fantastic to see the network continue to grow and expand into new areas. Our three new African members demonstrate the considerable progress we have made in the continent and our new member firms in Oman is a further boost to our position in the Middle East. It has been a very positive start to the year for Russell Bedford and I look forward to continued success in 2018. A very warm welcome to all of our new members.”