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‘Big Four’ firm EY has announced the appointment of 267 new partners in the UK which marks a 10% increase in EY’s total partner population to 1683, compared with 1533 partners at the start of the last financial year.
The firm said the new appointments reflect its increased investment in its sectors, service lines and regional business, in areas such as Audit, Financial Services, Technology Consulting, EY Parthenon, Private Equity, and the Energy sector.
Some 42% (112) of the new appointments are equity partners and around a quarter (62) of all the new partner appointments are based outside of London.
Of the new partners appointed this year, 33% are women and 28% are from an ethnic minority background, of which 7% (five partners) identify as Black / Mixed Black.
EY added that the new appointments mean its total UK partner population is now 28% women and 17% ethnic minority, of which 8% identify as Black / Mixed Black. This compares with 27% women, 15% ethnic minority and 8% Black / Mixed Black in the previous financial year.
Hywel Ball, EY UK chair, said: “We are on track for our third year of double-digit growth in the UK and are making significant investments to meet client demand. These new appointments increase the size of our UK Partnership by 10% and put us in a great position to continue our outstanding growth in the years ahead.
“The new appointments span all parts of our business, across all parts of the UK, with notable investments in areas such as audit, financial services, technology consulting, Private Equity and EY Parthenon.”
He added: “I’m also particularly proud that 60% of this year’s partner appointments are internal promotions and mark our commitment to developing top talent. We want EY to be a place where everyone is able to achieve their potential and we’re focussed on building a pipeline of talent across all parts of the firm.”
