EY promotes 753 partners globally, almost third women

09 July 2015 Consultancy.uk

EY has promoted 753 partners globally, which is its largest increase in partners since 2008, reflecting the firm’s global growth. Almost a third of the new partners are female, with new partners in emerging markets also accounting for a third of the total. Most promotions were made in the US and in the Assurance sector.

In financial year 2015, professional services firm EY hired 20,000 new people globally, bringing its total headcount to over 210,000 employees. In addition, the firm promoted 753 partners globally, which is EY’s largest increase in partners since 2008. According to EY, the increased number of partner promotions, up 12% since last year, follows its strong growth.

Partner promotions

Of the 753 new partners, 232 (31%) are women, which is a record number of women added to the partner rank and a 33% increase compared to last year. To accomplish this, EY promoted more female partners in all geographies than last year, which is in line with its commitment to diversity*. The number of partner in emerging markets also increased by 33% compared to 2014, and now account for a third of all promotions made.

Division of promotions
Almost half of the promotions were made in the US, where 312 (41%) new partners were promoted. The Europe, Middle East, India and Africa (EMEIA) regions saw the second biggest increase with 267 new partners, which is 36% of the total, followed by the Asia-Pacific region (143 partners) and Japan (31). Most promotions took place in the Assurance service line, where 315 people were promoted to partner, or 42% of the total. Within the services Tax (24%) and Advisory (22%) a total of 346 partners were made. Additionally, 78 promotions were within the Transaction Advisory Services and 18 within Business Support.

Partner promotions per region and service line

Commenting on the partner promotions, Mark Weinberger, EY’s Global Chairman & CEO, says: “Today’s large-scale promotions reflect the calibre of the people coming through our organisation, as well as our confidence in our growth and that of our clients. I am proud of the diversity – in gender and geography – of this year’s class. This is a powerful example of the investment we make to develop local and diverse teams. It also speaks to these partners’ ability to out-innovate and outperform. I extend my congratulations to our new partners, along with their families, and applaud their achievements.”

Nancy Altobello, EY’s Global Vice Chair of Talent, adds: “EY is a major global employer, providing high-quality jobs that are backed by extensive training, coaching and development. Today’s new partners are leading examples of this and have achieved this significant distinction for their ability to deliver exceptional client service, build our business and develop the highest-performing teams. We look forward to their continued success at EY.”

* Earlier this year, EY was among the 6 consulting firms that were recognised as top performing companies in diversity management in DiversityInc’s annual Top 50 Companies for Diversity ranking, with EY found on #4.

Profile

More news on

×

Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019 Consultancy.uk

Three senior level consultants have been boosted to the rank of Partner at Quantum Advisory, as the firm works to meet heightened levels of client demand. Aled Edwards, Amanda Burdge and Chris Heirene become Partners as long-time Quantum member Rob Davies retires in May after 15 years as a Partner at the firm.

Founded in 2000, Quantum Advisory provides pension and employee benefits services to employers, scheme trustees and members, with five offices across the UK. The firm has enjoyed exponential growth in recent years, following a number of major client wins and booming demand for its services. It opened a new office in Bristol in 2016 to service the South West and in 2017 relocated its Cardiff office to a larger site within the Welsh capital to house the increased workforce. More recently, Quantum relocated its Amersham, Birmingham and London offices to more spacious premises in the centre of both cities to cope with demand.

The financial services consultancy, which employs 115 people across the UK, has promoted three senior team members to Partner, as part of its wider growth plans. The firm has moved Aled Edwards from Principal Consultant & Actuary, while Amanda Burdge has ascended from Principal Investment Consultant. Chris Heirene, former IT Manager, has also joined the ten current Partners at Quantum.

Aled Edwards most recently managed the actuarial team within Quantum’s Cardiff office as well as providing technical training for all staff. He boasts more than 17 years of pensions experience. He started his career as an Actuary at Jardine Lloyd Thompson’s Bristol wing, before joining Quantum in 2011. Edwards is also the President of the Welsh Actuarial Society (WAS), which supports actuaries and actuarial students living or working in Wales.

Rapid growth sees Quantum Advisory promote trio of Partners

Amanda Burdge joined Quantum’s team in 2001, as one of the fledgling firm’s first employees. Most recently she was a Principal Investment Consultant with the firm, and with more than a quarter of a century’s experience in the sector, she is responsible for providing investment advice to many of Quantum’s key clients with both defined benefit and defined contribution schemes. Prior to her time with Quantum, Burdge spent two years as a consultant with SBJ Benefit Consultants (now Capita), and three years with Tesco Pension Trustees. She currently sits on the Regulation Committee for the Pensions Management Institute.

Chris Heirene initially worked with Quantum as an IT Consultant with Teamwork Technology Services and then UES for over five years, before finally joining the firm itself in 2011. He is now responsible for Quantum’s IT systems across all of its offices, including the network and core server infrastructure which supports the business. Heirene is heavily involved in utilising IT to improve and build upon the processes in place throughout Quantum.

David Deidun, Partner at Quantum Advisory, said of the promotions, “This is a very exciting time for Quantum. The recent round of promotions fully recognise the hard work and dedication shown by the three, all of whom go above and beyond for the company. I’ve no doubt that Aled, Amanda and Chris will settle into their new roles with ease and look forward to working together to grow Quantum even further.”

The news comes as Rob Davies retires in May, after spending fifteen years as a Partner at Quantum. A qualified actuary, Davies was instrumental in setting up Quantum’s Investment Division, specialising in aiding clients with their investment strategies. He will remain with the company on a part-time consultancy basis, while working with several clients in the Fiduciary Manager area.