BIG FOUR firm EY has promoted 714 people globally to partner level this year, with nearly 30% of the promotions being represented by women, while over a third have come from emerging markets.
The professional services firm continued to reaffirm its commitment to the advancement of women, with 209 female partner promotions representing 29% of this year’s haul.
The Americas contained the largest proportion of new partners, with 287 promotions (40%), followed by the EMEIA area with 275 promotions (39%).
New partners in the Asia-Pacific area totalled 122 (17%); Japan had 30 (4%).
By service line, Assurance continued to account for the largest number of partner promotions, with 264 (37%). It was followed by Tax, with 200 new partners (28%); Advisory, with 151 (21%); and Transaction Advisory Services, with 90 (13%). Additionally, 9 new partners were named within business support.
Mark Weinberger, EY global chairman and CEO, said the promotions recognise the “outstanding achievements” of its people, despite working within an “uncertain economy”.
“We are still investing and these promotions are a tribute to the contributions these new partners have made to EY and our future. I’m proud of all that we’ve achieved together as an organization over the past year, and I am particularly proud of all our new partners.”
In June, fellow Big Four firm PwC promoted a record number of partners for the third year in a row, as its UK arm looks to increase diversity and female employees at partner level. PwC promoted 61 equity partners, the third successive year the firm has increased its new partner numbers.
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