The Chairman is elected by the partners for a four year term after which he or she may be re-elected for a further term of four years. The Chairman shall not serve more than two terms and the roles of Chairman and Managing Partner may not be concurrently held by any one Partner. Our current Chairman is Gerry Fitzpatrick, who has served in this office since 1 June 2015 and will continue to hold office until 31 May 2019. The Chairman presides at meetings of the Firm and shall act impartially in the conduct of the business of those meetings. The Chairman has a second or casting vote at such meetings where there is an equality of votes.
The Managing Partner
The Managing Partner is elected by the Partners for a four year term after which he or she may be re-elected for a further term of four years.The Managing Partner shall not serve more than two terms. Our current Managing Partner is Brendan Jennings, who has served in this role since 1 June 2011, and he shall continue to hold office until 31 May 2019. He is responsible to the Partners and the Board for the management and operation of all aspects of the business of the Partnership within the policy and planning framework determined by the Partners.
The Board has a supervisory role on behalf of the Partners and is responsible for the promotion and protection of the interests of all partners and for the oversight of the management of the Firm. The Board shall make recommendations to the Firm on specific matters reserved for Partner approval as set out in the Partnership Agreement.
The Board consists of nine members being the Chairman, the Managing Partner, three members appointed by the Managing Partner in consultation with the Chairman, and four members elected in accordance with the provisions of the Partnership Agreement. The Board was established with effect from 1 June 2015 and each member of the Board shall hold office for a term of four years. The current Board Members are:
(1) Elected partners (2) Appointed partners
The Executive Committee is responsible for, and has general authority over, and supervision of, the management of the Firm. Deloitte aspires to be the standard of quality and excellence, the first choice of the most sought-after clients and talent. The Executive Committee is responsible for implementation of the partnership policies to achieve that standard.
The Executive Committee of the Firm consists of the Managing Partner and nine members appointed by the Managing Partner, who comprise the Business Function Heads and the Regional Head, together with the Finance Partner, the Clients and Industries Partner, the Talent Partner and the Risk & Reputation Partner. The current Members of the Executive Committee are:
- Brendan Jennings (Managing Partner)
- Cathal Treacy (Region)
- Colm McDonnell (Clients & Industries)
- Cormac Hughes (Talent)
- Glenn Gillard (Risk and Reputation)
- Harry Goddard (Management Consulting)
- Kevin Sheehan (Finance)
The Public Interest Oversight Committee (PIOC)
The Public Interest Oversight Committee was established in 2013 in accordance with the principles set out in the Irish Audit Firm Governance Code, published by the Chartered Accountants Regulatory Board (CARB) in June 2012. The PIOC comprises three independent non-executive members (INEs), together with the Managing Partner and the Head of Audit and Assurance. Appointments of INEs to the committee are for a four-year term, with eligibility for re-appointment. The PIOC meets periodically during the year. The PIOC shall appoint a secretary each year, who shall be entitled to attend meetings of the PIOC but shall not be entitled to vote. The Head of Risk and Regulation currently acts as Secretary.
The current INEs are:-
Questions arising at any meeting of the PIOC shall be decided by a majority vote with only the INEs being entitled to vote.
The PIOC will serve, and seek to safeguard, the public interest by enhancing stakeholder confidence in the public interest aspects of the Firm’s decision making relating to its audit and assurance (including risk advisory services), initiating and encouraging dialogue and feedback from relevant stakeholders relating to the Firm's audit and assurance (including risk advisory services), and advising the Geography Executive on the management of reputational risks relating to the Firm's audit and assurance (including risk advisory services). In discharging its functions, the PIOC shall have particular regard to the Audit Firm Governance Code. A report from the PIOC will be included in the Firm's annual Transparency Report.
The Firm provides resources sufficient to enable each INE to perform their duties which include where considered appropriate, access to independent professional advice.
Audit Transparency Report
Explore the Deloitte Audit Transparency Report 2017.