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Monday 03 June 2019 1:58 pm  |  Updated:  Monday 17 June 2019 10:15 pm

Deloitte boosts UK partner promotions by more than 40 per cent

By: James Booth

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Deloitte has promoted 78 to its partnership in the UK, an increase of more than 40 per cent on the previous year.

Of the new UK partners, 32 (41 per cent) are women, up from 11 in 2018, taking the firm’s female partners to 223, 21 per cent of the partnership.

Fifty four of the firm’s new partners are based in London.

Read more: KPMG restructure falls short of full audit separation

The audit firm promoted 161 people to partner in north west Europe overall, up from 136 partners the previous year.

From 1 June the firm has added Deloitte offices in Greece, Italy and Malta to the Deloitte north west Europe partnership to form Deloitte north and south east Europe.

The partnership is the second-largest member firm in the Deloitte network with over 45,000 people in 13 countries.

Read more: Deloitte joins calls to ban selling non-audit services to audit clients

The firm’s new senior partner and chief executive Richard Houston, who took up his role this week, said: “I fully accept that we have more to do but I’m particularly pleased to see such a significant increase in female partner promotions in the UK.

“It’s clear that this is a time of great change, with a volatile economic landscape, technological disruption and regulatory scrutiny. This has been particularly apparent over the past 12 months, with various reviews into the UK audit market. I’m under no illusion that change and reform are needed and expected and we are deeply engaged in that debate.”

 

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