Deloitte Tohmatsu accelerates its drive across Asia Pacific
Creating Deloitte Asia Pacific firm and making strategic investment aiming to enhance client service capabilities and accelerate the hiring and development of high-performing talents
This is an English translation of the news release issued by Deloitte Tohmatsu Group on July 13, 2018. If there is any discrepancy between the Japanese version and the English translation, the Japanese version shall prevail.
TOKYO, JAPAN, 13 July, 2018 — Deloitte Tohmatsu Group (Deloitte Tohmatsu) today announced the creation of Deloitte Asia Pacific firm (Deloitte AP) together with other Deloitte member firms in Asia Pacific. Deloitte Tohmatsu and the other participating member firms in Australia, China, New Zealand and Southeast Asia will join together and form Deloitte AP on 1 September 2018.
Through Deloitte AP, the five participating member firms including Deloitte Tohmatsu will be collaborating more closely in the region while maintaining their respective management structures. The creation of Deloitte AP will enable Deloitte Tohmatsu and the other participating member firms to combine the breadth of expertise of 44,500 professionals in the region and operate in a more integrated manner. Also, the five member firms will drive initiatives to make strategic investment worth US$321m over the next three years across the region, focusing on the following key themes and objectives:
- Enhance capabilities to serve our clients:
Accelerate the development and the offering of innovative and differentiated services, while providing greater consistency of service and pursuing service quality enhancement, with an aim to strengthen capabilities of serving the needs of our clients more seamlessly across the region.
- Further istandardize our audit mprove and quality:
Focus on improving our audit quality across the region and aim to standardize the quality of audit while respecting applicable laws and regulations in each country.
- Accelerate the hiring and development of high-performing talents:
Hire high-performing talents and provide them with diverse career development opportunities to accelerate the growth of next generation leaders.
Announcing Deloitte AP, Takashi Nagata, CEO of Deloitte Tohmatsu Group, said, "Asia Pacific region is one of the fastest growing regions in the world and is also a market of paramount strategic importance for many Japanese corporations Deloitte Tohmatsu has relations with. By enhancing our abilities to work with our clients more seamlessly, we will help them realize sustainable growth while operating in a more globally connected way. We will also redouble our efforts to hire and develop high-performing talents who will be able to take leadership in driving our businesses across geographic boundaries."
Deloitte Tohmatsu Group (Deloitte Japan) is a collective term that refers to Deloitte Tohmatsu LLC, which is the Japan member firm of Deloitte Touche Tohmatsu Limited (DTTL), a UK private company limited by guarantee, and firms affiliated with Deloitte Tohmatsu LLC that include Deloitte Touche Tohmatsu LLC, Deloitte Tohmatsu Consulting LLC, Deloitte Tohmatsu Financial Advisory LLC, Deloitte Tohmatsu Tax Co., DT Legal Japan, and Deloitte Tohmatsu Corporate Solutions LLC. Deloitte Tohmatsu Group is known as one of the largest professional services groups in Japan. Through the firms in the Group, Deloitte Tohmatsu Group provides audit & assurance, risk advisory, consulting, financial advisory, tax, legal and related services in accordance with applicable laws and regulations. With about 11,000 professionals in nearly 40 cities throughout Japan, Deloitte Tohmatsu Group serves a number of clients including multinational enterprises and major Japanese businesses. For more information, please visit the Group’s website at www.deloitte.com/jp/en.
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Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.