Deloitte has combined its practices in the Bahamas, Barbados, Bermuda, the British Virgin Islands, the Cayman Islands and Jamaica to form a new cluster that will be known as Deloitte Caribbean/Bermuda.

The new cluster comprises more than 30 partners and 600 professionals. Frank Paredes, the current Audit and Risk Regional Managing Partner of Deloitte Latin America/Caribbean will lead the new cluster, while local partners will maintain their current responsibilities.

Day-to-day operations will remain the responsibility of existing member firms’ managing partners.

'The establishment of Deloitte Caribbean/Bermuda enables the member firms to leverage their combined size, scale, and expertise to develop the right teams to match client needs,' said Deloitte Touche Tohmatsu chief executive William G. Parrett at the inaugural Deloitte Global Forum in Buenos Aires.

This new structure follows the creation of Deloitte LATCO (Latin American Countries Organisation) and Deloitte ASEAN. It is part of Deloitte member firm’s strategy to support growth in the emerging markets, and to enhance client service and firm competitiveness in response to market globalisation.

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