KPMG fails to meet top grade gender diversity target

KPMG in the UK has appointed 29 partners and 80 directors from within the firm, but admits it is still struggling to improve its gender diversity at the highest levels in the firm.

Simon Collins, UK chairman of KPMG, identified financial services as a high growth sector for the firm, with 20% of new partners in this area, along with appointments in advisory services, including regulation and strategy, and sectors such as transport and healthcare.

However, Collins said that 'while the range of skill sets and experience of our new partners and directors is diverse, it is disappointing that we have been unable to make sufficient change to the existing gender balance at our top grades'.

KPMG's promotions for this year, which take effect from 1 October, have made little progress in this area and stand at 14% female in the partner group and 27% in the director group.

'This year's candidates are our brightest and best but it is clear we need to do more to ensure the diverse mix we see at graduate level is maintained on the path to senior grade,' Collins said.

EY, which has announced 52 new partners in its UK and Ireland business, including 26 new admissions who joined this month, continues to lead as the most gender diverse partnership of the Big Four, with 20% of its partner population female and a target of 30% women partners by 2015.

Pat Sweet |Reporter, Accountancy Daily [2010-2021]

Pat Sweet was the former online reporter at Accountancy Daily and contributor to the monthly Accountancy magazine, pub...

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