London: Professional services group Ernst & Young has admitted 548 new partners across its global organization this week.
Jim Turley, Chairman and CEO of Ernst & Young says, "This is a huge achievement and I congratulate all our new partners. Building the next generation of partners is vital to our continued success and at Ernst & Young we continually invest in and develop those people who will lead us into the future. I am particularly pleased that 25% of our new partners — 137 — are women."
Almost a third of the new partners, 187 are in the firm's Europe, Middle East, India and Africa (EMEIA) area, with 43 of those in UK and Ireland.
The new partners are in all four Ernst & Young service lines — Advisory Services, Assurance, Tax and Transaction Advisory Services.
Steve Varley, Chairman and UK & Ireland Managing Partner at Ernst & Young, said, "I am delighted to welcome a diverse and talented group of new partners to our business — they will play a key role in helping us to continue to grow successfully in the market, and make the difference to our clients, people and society.
"The UK & Ireland firm makes a vital and significant contribution to our global business, with our partners and people working seamlessly across borders to deliver high quality client service at home and around the world. Our integrated global model and deep knowledge of the world's markets puts Ernst & Young in prime position to advise our clients looking to expand internationally."
Liz Bingham, UK & Ireland people leader at Ernst & Young, added, "These new partners have not only demonstrated exceptional client service but also a strong commitment to the development of our people. The appointments reflect our ongoing investment in the future of our organisation."
Ernst & Young now has 152,000 people working worldwide.