KPMG UK has announced the promotion of over a thousand partners and colleagues, as the professional services firm continues to invest in the development of its talent.
The latest round of promotions includes 56 new partners and 116 directors. A further 833 colleagues have also been promoted, while 564 graduates and apprentices have progressed following successful completion of their exams this year. During the financial year, an additional 42 partners were also hired into the business.
The new partner promotions and hires span the full breadth of services provided by the firm, reflecting continued investment in its people and strong demand from clients. Of the 98 partner promotions and new hires, 30 are in KPMG UK’s tax and legal practice, 28 in consulting, 23 in deal advisory, 9 in audit and 8 in the firm’s central sales and services function.
KPMG UK’s legal practice is one of the key areas which has seen a period of rapid growth averaging 30% year-on-year over the last three years, as clients seek to benefit from the combination of multidisciplinary and legal expertise. The firm remains poised for further strong growth driven by its continued addition of senior hires that broaden and deepen its offering.
KPMG UK now has 826 partners, up from 786 last year. Of the 98 new partners promoted or hired into the business, a third (33%) are women, 11% are from an ethnic minority background and 18% are from a low socio-economic background.
Jon Holt, Chief Executive and Senior Partner of KPMG in the UK, said:
“In the current climate, supporting our clients with our expertise is more important than ever. I’m delighted to congratulate our newly promoted partners and colleagues as we continue to invest in our talent and recognise their hard work through these promotions.”
