Frances Ball 22 Jul 2019 11:09am

EY UK adds 57 new equity partners

EY has announced 57 new equity partners in its UK firm, a cohort that is 34% female and 22% black and minority ethnic (BME)

Of the 57 new equity partners, 43 were promoted internally, which EY says is testament to its commitment to nurturing talent from within the firm.

The firm has also made steps toward meeting its own target of doubling the proportion of its female and BME UK partners by 2025, to 40% and 20% respectively. 

With the inclusion of its new partners, EY’s UK partnership is 22% female and 11% BME.

The key to reaching those targets is developing a culture that feels inclusive to all, EY says, but also by doubling investment in its supportive programmes.

EY runs Accelerate, and Future Leadership Programme for senior female and BME talent respectively and CareerWatch, a sponsorship programme for mid-career talent.

Steve Varley, EY UK chair, congratulated the 57 new partners.

“Each of them has worked hard to get to this stage in their career – I wish them every success as they, together with our people, continue to play their part in making our purpose of building a better working world a reality,” he added.

Justine Campbell, EY UK&I managing partner for talent, said, “We expect everyone to turn their attention to the everyday behaviours and actions that create a culture where everyone belongs and can flourish. This will ensure we have a workforce of the brightest and best minds to help navigate this fast paced constantly changing world.”

With the appointment of Justine Belton to its board in June, women now hold six of ten positions on the UK board. Of the firm’s 21 audits of FTSE 100 companies, five are led by women.

Last year the firm increased its revenues 2.7%, from £2.35bn to £2.41bn.