Deloitte promotes 79 new partners in the UK has been saved
Deloitte promotes 79 new partners in the UK
4 June 2021
- 18% increase in partner promotions vs June 2020
- 24 new female partners
- 11 new partners are from Ethnic Minority backgrounds
- 68 new external hires at partner level in the UK
- Deloitte North and South Europe promotes 231 new partners
Deloitte UK has promoted 79 people to partner – an 18% increase on last year. Of the new promotes, 24 (30%) are women taking Deloitte’s female partners to 282 (25%). 11 new partners are from Ethnic Minority* backgrounds, equating to 14% of the promotions. Those identifying as Ethnic Minority now represent 7% of Deloitte’s total partners.
Richard Houston, Senior Partner and Chief Executive of Deloitte UK, said: “This past year has undoubtedly emphasised the need for businesses to think and act with agility, adapting at pace to a changing market and shifting client demands. These promotions represent a significant achievement for those individuals who have demonstrated an ability to navigate the uncertainty, prioritise the wellbeing of our people, and support our clients through these challenging times.”
Diversity and Inclusion
Inclusion remains at the heart of Deloitte’s culture. As part of the firm’s wider Ethnicity Action Plan, Deloitte has committed to 12% Ethnic Minority and 3% Black partners by 2025, plus targets across other grades to create the future pipeline. This year’s promotions include one new Black partner, totalling seven Black partners in the UK. Houston added: “While we’ve got much further to go, we’ve made progress on our inclusion priorities this year, building the foundations to ensure that our firm is reflective of society. In line with our commitment to transparency, we’ll communicate our progress against targets and use the data to identify areas where further action is needed.”
Deloitte recently announced three new additions to the leadership team with Lisa Stott joining as the managing partner for tax and legal, Jackie Henry taking over as managing partner for people and purpose and Kirsty Newman being appointed as UK market chair. Females now represent a third of the UK Executive.
Jackie Henry is providing leadership of Deloitte’s UK people strategy and purpose agenda, focusing on inclusion and wellbeing. She started her career with Deloitte in Belfast as a graduate 31 years ago and for the past seven years has been lead partner in Northern Ireland.
Jackie Henry commented: “Female representation at partner level has gone up from 21% in 2019 to 25% today, and Ethnic Minority representation from 5.3% to 7%. We are determined to reach the diversity targets we have set ourselves, through prioritising the recruitment, development and retention of women and Ethnic Minorities.”
Deloitte in the UK
The firm’s audit & assurance business has promoted 21 new partners, with 9 in risk advisory, 24 in consulting, 13 in tax & legal, 10 in financial advisory and 2 in central management. A quarter of promotions (25%) are based outside London.
The number of UK partners overall now stands at 1115. Deloitte also recruited an additional 68 new external hires at partner level in the UK during the financial year from June 2020 to the end of May 2021. Of the 68, 24 are female and six identify from an Ethnic Minority background.
Deloitte North and South Europe (NSE) is the second largest member firm in the Deloitte Global network, spanning 28 countries and over 50,000 people. NSE has promoted 231 people to partner including 64 women.
UK partner promotions by business:
- Audit& Assurance - 21
- Central Management - 2
- Consulting - 24
- Financial Advisory - 10
- Risk Advisory - 9
- Tax & Legal – 13
UK partner promotions by region:
- Belfast - 1
- Birmingham – 1
- Bristol - 1
- Cambridge - 1
- Cardiff – 1
- Edinburgh - 2
- Glasgow - 1
- Jersey - 1
- Leeds - 2
- London - 59
- Manchester - 5
- Nottingham - 1
- Reading - 3
*of those who identify their ethnicity.
In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms.
Deloitte LLP is a subsidiary of Deloitte NSE LLP, which is a member firm of DTTL, and is among the UK's leading professional services firms.
The information contained in this press release is correct at the time of going to press.
For more information, please visit www.deloitte.co.uk.
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