PwC’s Integrated Infrastructure practice hits 50 partners milestone
PwC’s Integrated Infrastructure has hit a milestone, seeing the size of its partnership reach 50 following the latest intake of eight new partners.
The expansion of its partnership is part of PwC’s record end of year partner intake (the firm’s financial year runs to July 2021), with the eight new partners taking the number of added partners of the Integrated Infrastructure business to sixteen in the current financial year. Across its business, PwC Australia has over 750 partners, who are responsible for a $2.6 billion business.
The growth reflects strong demand for its services explained Peter Konidaris, who leads the 400-strong practice. “Demand for major infrastructure projects in post-Covid-19 Australia is strong.” Much of this demand is fuelled by increasing spending by the government, which moved quick during Covid-19 to boost a sector that represents more than 10% of Australia’s gross value added.
As part of the latest Infrastructure Package of the Federal Budget, the government increased spending on its infrastructure pipeline from $100 billion to $110 billion over the next 10 years, with a Covid‑19 infrastructure package that will provide significant near‑term investments in major road and rail projects, road safety and community infrastructure.
In the infrastructure space, PwC positions itself as an end-to-end consultancy, “we provide our clients the complete suite of capability to solve some of Australia’s most complex infrastructure challenges, from feasibility to delivery, spanning services from strategy and planning, to financial and procurement, to execution and construction, to asset management, and to disposal,” said Konidaris.
The new partners
Seven of the new partners were promoted internally: Adam Graham, Amber Stevens, Christiana Gurgick, Danny Touma, David McDougall, Nick Li and Rachel Smith.
Cameron Jaggers has been hired externally – he joins PwC’s Integrated Infrastructure team from KPMG, with close to 20 years of experience providing infrastructure, advisory and assurance services to clients in the transport, defence, mining, oil and gas, water and energy sectors.
Konidaris: “We make no apologies for scouring the country to identify the very best, market-leading experts to spearhead our leadership in tackling Australia’s most complex infrastructure challenges and ambitious projects.”
Earlier this year, PwC appointed 24 new partners in its Financial Advisory division and 12 new partners in its Consulting division.
