PwC announces further investment in its senior team in the Midlands with the admission of four new partners and 15 newly-promoted directors. The round of partner admissions and promotions sees the professional services firm invest in the next generation of business leaders in the region.
Partner admissions are; Mark Foster, assurance partner based at the firm’s Milton Keynes office, Gill Hinks, assurance partner based at the East Midlands, Rebecca Clayton, a deals valuations specialist and Alan Carroll an international tax partner based in the Birmingham office.
The 15 newly promoted directors across PwC’s Midlands offices in Birmingham, Milton Keynes and the East Midlands are;
In addition to these senior appointments and promotions, 161 PwC employees have also been promoted across the Midlands as of 1 July 2018. Along with some 260 new recruits in Autumn 2017, the firm also saw 35 new graduates and apprentices join the practice in April, with 40% BAME intake and 43% females, creating new routes into professional services and cementing the foundations for the future growth of the business.
Matthew Hammond, Midlands Region Chairman for PwC, said:
“I’m delighted to announce this year’s partner promotions, demonstrating our continued commitment to strengthening our Midlands team. We are proud of our diverse and inclusive workforce and continue to invest in colleagues at all levels to achieve our growth ambitions and meets clients’ needs.
“In order to provide the highest standards and quality to our clients our people are drawn from a broad range of skills, backgrounds and experiences, and that’s exactly what our new partners represent. Our Partner and Director investments are in areas where we’re seeing increasing demand from our clients for industry experience, technology expertise and diverse perspectives.
“Specifically, the demand for technology skills is fast increasing, while the pool of available Tech talent needs to grow rapidly. This is why PwC’s technology degree apprenticeships with the University of Birmingham, is an exciting way for us to start to grow the future of the UK’s technology industry and to open up these careers to a wide range of students, offering a clear pathway to meet the skills demands of the future.
Pointing to the economic strength and diversity in the Midlands, Matthew Hammond said:
“The importance of the Midlands economy to the UK, with its healthily balanced mix of industries, indigenous and international businesses is vital to the overall performance of the Midlands engine and a key element of PwC’s investment in the Midlands.”
Nationally, PwC UK has admitted 54 equity partners, an increase from 31 the previous year. The new partners represent a diverse range of backgrounds - with more people who didn’t attend university, who work on a part-time basis and are from an ethnically-diverse background moving into senior positions.
Over a quarter (26%) of the new partners are female, up from 19% last year. This takes the overall gender diversity of PwC UK’s partnership to 19.4%, a slight increase from 18.5% last year. The pipeline of females coming through to senior roles is strong; 4 in ten of the newly promoted directors are female. 17% of the new partners are black, asian and minority ethnic.
The new partners demonstrate PwC’s investment in its strategic growth areas and the changing needs of its clients, including increasing demand for advice in technology, cyber, private business and data and analytics. Three in ten of the new partners are based outside of London, reflecting PwC’s commitment to the regions.
Laura Hinton, chief people officer at PwC, said:
“It’s really positive to see such a diverse group of partners coming through. The fact that more of our new partners work part-time and didn’t go to university demonstrates our commitment to making PwC a place where anyone can succeed and will hopefully provide some inspiring role models for the next generation.
“While it’s encouraging to see that 26% of our new partners are female and 17% are BAME, progress is slower than we would like to shift the overall diversity of our partnership. That’s why we’ve set a clear 5-point action plan to accelerate our aim of achieving our gender and ethnicity targets. The plan includes changing our recruitment processes, how we allocate ‘career-defining’ roles and increasing leadership accountability for reaching our diversity targets.”
Media Relations Manager, Midlands, PwC United Kingdom
Tel: +44(0)7718 979 841