PwC has announced an increase in new partner numbers for the third year in a row, promoting a record 61 equity partners, with more women, flexible workers and people based in the regions moving into senior positions
Nearly half (45%) of the new partner group are based outside of London, while 28% are female – up from 23% last year. PwC now has 174 female equity partners, more than any other professional services firm, while 40% of the newly promoted directors are female, up from 30% last year.
The promotion means that PwC has a total of 969 partners, 18% of these are women.
Newly promoted partners are aged between 32 and 51, and one in five of the new cohort are aged 35 or under. Four of the new partners have flexible working arrangements. In addition, PwC has recruited 27 partners from outside the firm over the past 12 months - nine more than the previous year.
Ian Powell, outgoing chairman and senior partner at PwC said: ‘These promotions reflect the importance we place on diversity, the role of the regions to the UK’s economic success and our commitment to investing in our people across all our client services.’
Kevin Ellis, incoming chairman and senior partner from 1 July 2016, added: ‘Developing a diverse and inclusive partnership remains an ongoing priority. Building on the progress of the last few years will be vital to our future success.’