PracticeAccounting FirmsBrexit drives KPMG partner and director promotions

Brexit drives KPMG partner and director promotions

KPMG has announced the promotion of 40 partners and 108 directors

Brexit drives KPMG partner and director promotions

KPMG has swelled its senior ranks with the promotion of 40 partners and 108 directors.

Simon Collins, UK chairman of KPMG, said: “These promotions recognise some of the brightest and best talent in our firm, who have helped to guide through the political and economic uncertainty the UK is experiencing.”

The firm  has 22 offices across the UK with approximately 12,000 partners and staff. It recorded a revenue of £1.96bn in the year ending September 2015. It sits in x position in the 2016 Top 50+50 Survey, supported by Sage.

Collins pointed to the provision of Brexit-related services as a key driver behind some of its promotions. “These promotions reflect where we expect to see growth in our own business: 20% are in financial services, which faces significant challenges in the wake of Brexit.

“The years ahead will, inevitably, present huge change for business. As we exit the EU advisors have a pivotal role to play to support industry and government. We are advising clients on their contingency plans, and their financing arrangements.”

Of the executive committee board, 33% are women, and this year 28% of partners and 27% directors promoted were female.

“I was proud to host the launch of the Female FTSE Board Report earlier this year to help business and government understand and address the barriers facing women in the workplace.”

KPMG were the first of the Big Four to achieve gender parity in their graduate recruitment this year, with intention to further improve diversity at graduate and board level.

In August 2016 KPMG introduced Launch Pad, a new streamlined approach to graduate recruitment which combines the traditional three stages of first interview, assessment centre and final interview into a single day.  Successful candidates will receive a job offer from the firm within two working days, or be given feedback explaining why they were unsuccessful.

 

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