PwC has promoted 63 new employees to partners.
The appointments, which are effective 1 July, were made across each of the firm’s business divisions -audit, consulting, deals, risk and tax- with the firm’s deals practice welcoming the largest numbers of new promotions, with 18 new partners.
PwC said that the large volume of promotions in this sector reflects a “strong ongoing demand” for its deals services and is an “investment in talented leaders” to support clients as the UK experiences a “deals-led recovery” from the Covid-19 pandemic.
Of the partners newly promoted, 41% are women and 13% are from a minority ethnic background.
Once the promotions come into effect next month, 23% of total partners will now be female and 11% will be from a minority ethnic background.
PwC said it has a target of obating 30% female partners and 15% minority ethnic background partners by 2025.
Kevin Ellis, chairman and senior partner, PwC UK said: “We are committed to investing in the future of our business and I am delighted to congratulate and welcome this talented group of new partners.
“The role of leaders has never been more important and, as we look ahead, these new appointments will further strengthen our partnership. They represent the diverse skills we need to continue to grow sustainably while supporting our clients and people as they respond to unique challenges and opportunities.”