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Deloitte Ireland

Firm Governance

Deloitte Ireland LLP is an affiliate of Deloitte NWE LLP, which is a member firm of Deloitte Touche Tohmatsu Limited. Deloitte NWE brings together six geographies across ten markets: Belgium, Ireland, Netherlands, Nordics (Denmark, Finland, Iceland, Norway and Sweden), Switzerland and the United Kingdom.

Deloitte NWE is led by one NWE executive and one NWE board.

Deloitte Ireland LLP has its own Executive Committee and Partnership Council. It also has a Public Interest Oversight Committee.

The CEO

The CEO 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 CEO shall not serve more than two terms. The current CEO is Brendan Jennings, who has served in this role since 1 June 2011, and he shall continue to hold office until 31 May 2019.

The Executive Committee

The Executive Committee of Deloitte Ireland LLP is responsible for, and has general authority over, and supervision of, the management of the firm, within the overall structures of Deloitte NWE.

The Executive Committee of the firm consists of the CEO and nine members appointed by the CEO, 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:

The Partnership Council

The Deloitte Ireland Partnership Council is responsible for, inter alia, administering local partner processes and arrangements, ensuring Deloitte Ireland partner alignment with NWE principles, and conducting Deloitte Ireland partner soundings to assist in identifying candidates for appointment to the NWE Board, the Partnership Council, and the roles of CEO and Chairman.

The Chairman of the Partnership Council, Gerry Fitzpatrick, is a member of the Board of Deloitte NWE.
 

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 CEO 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 Reputation, Glenn Gillard, currently acts as secretary.

The current INEs are:-

John Bruton (Chairman)

Professor Barbara Flood

Frank Ryan

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 is 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.

Explore the Deloitte Audit Transparency Report 2018.

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