Global assurance, transaction and advisory services firm Ernst & Young (EY) has announced 733 partner promotions at its offices around the world, with women and emerging markets representing 30% and 33%, respectively, of the total promotions, the company announced July 8.
It’s the fifth consecutive year where women and emerging markets represent approximately a third the firm’s new partner class, EY said. Audit this year also made up nerly a third of new partners, with 28%.
“Congratulations to all the new partners around the world on this exceptional career milestone,” said Carmine Di Sibio, EY global chairman and CEO. “The growth and success of our organization are made possible by the contributions of this diverse group of leaders who represent our values, lead high-performing teams and help EY clients navigate disruption every day.”
The Europe, Middle East, India and Africa (EMEIA) area represented the largest portion of new partners, with 275 (38%), followed by the Americas, with 264 (36%). New partners in the Asia-Pacific area were 194 (26%).
Breaking it down by service line, Assurance accounted for the largest number of partner promotions, with 241 (33%), followed by Tax, with 188 (26%), Advisory at 186 (25%), and Transaction Advisory Services, with 110 (15%). Eight new partners were named in business support.
“I’m incredibly proud to celebrate the achievements of the 733 new partners around the world,” said Trent Henry, EY global vice chair. “At EY, we’re focused on developing dynamic leaders who are motivated by our purpose, and this year’s new partners continue to demonstrate their commitment to leading EY teams, finding innovative ways to address client challenges and building a better working world.”
Currently EY employs more than 270,000 in more than 150 countries.