20 Jun 2016 10:30am

PwC promotes 61 new equity partners

Big Four firm PwC has appointed 61 new equity partners, with nearly half based outside of London and almost three in ten are female

According to the firm, the record number of new partners represent a diverse range of backgrounds, skills, and experience. Nearly half (45%) of the promoted partners are based outside London, while 28% are female. This is an increase from 23% last year.

Moreover, 40% of the new directors are also female. PwC said it now has 174 female equity partners, the biggest percentage of female partners in any professional services firm.

Meanwhile, four new partners have flexible working arrangements and 27 have been hired from outside the firm in the last year.

Gaenor Bagley, head of people at the firm, said the increase in work flexibility shows “there isn’t a one-size-fits-all mould to being a partner in a professional services firm”.

Ian Powell, outgoing chairman and senior partner, said, “For a third successive year we have increased the number of new partners and have continued to improve the diversity of our senior people.

“These promotions reflect the importance we place on diversity, the role of the regions to the UK’s economic success and our commitment to investing in our people across all our client services.”

PwC also announced plans to recruit more than 1,500 graduates and 170 school leavers this year.

Jessica Fino

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