London, 23 March 2026 – The Board of Directors (Global Board) of PricewaterhouseCoopers International Limited (PwCIL) has appointed Mads Nipper and Neil Parekh as external directors to its Global Governance Board, the body responsible for governance of PwCIL and the PwC network, oversight of PwC’s Network Leadership Team, and approval of the standards by which PwC firms operate.
Parekh and Nipper will work with the existing PwCIL Global Governance Board members, made up of partners and principals from PwC firms from across the world. Alongside Jaya Vaidhyanathan, they bring the number of external directors on the Board to three. Nipper joined the Global Governance Board on 16 March 2026, and Parekh will be joining on 1 June 2026.
Nipper is an international business leader with executive experience across consumer goods, industrial manufacturing and renewable energy. He currently serves as chair of the Board of MacArtney Underwater Technology Group and has held senior leadership roles at the LEGO Group, where he played a key role in the company’s transformation and global growth. He most recently served as chief executive officer of Ørsted A/S from 2021 to 2025, and previously as chief executive officer and president of Grundfos.
Parekh is a senior financial services executive and board leader with extensive leadership experience across Asia and global financial markets. He currently serves as vice chairman of SMBC Group Asia Pacific and deputy chairman of Singapore’s Global Finance & Technology Network, and previously served as a Nominated member of Parliament in Singapore. He most recently served as partner and head of Asia, Australia and New Zealand at Tikehau Capital; and as general manager, Asia, at National Australia Bank.
“Across industries today — from manufacturing to energy — businesses are navigating profound transformation. PwC and its global network play a key role in helping organisations navigate this complexity and build trust. Having led organisations through periods of reinvention and large-scale change, I know how important strong governance and long-term thinking are in moments like these. I’m pleased to contribute that experience to the PwCIL Global Board.”
“Global markets and financial systems are becoming more interconnected and complex, increasing the importance of strong governance across institutions and economies. PwC plays an important role in supporting trust in markets and helping organisations navigate this evolving environment. I am honoured to join the PwCIL Global Board and look forward to contributing my perspective.”
“I am delighted to welcome Mads and Neil to the Board. External directors play an important role in bringing independent perspectives to our discussions. Mads brings deep experience leading transformation across global organisations and industries, while Neil contributes extensive leadership across global financial markets, particularly in Asia. Their perspectives will strengthen the breadth of insight around our board table.”
“Mads and Neil join the Global Board at an important moment for our network. Their experience leading complex, international organisations will strengthen our governance and strategic oversight. I look forward to working with them as we continue to guide the PwC network in a rapidly-changing global environment.”
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