KPMG adds record-breaking 121 new partners to leadership team
A record number of professionals have been added to KPMG’s Australian partnership team over the past twelve months, including 34 promotions and recruits within management consulting.
Professional services firm KPMG has celebrated a record partnership intake over the past financial year, with over 60 percent of the new additions having been promoted internally, or 75 of the 121 in total.
Like its Big Four rivals, the bulk of the new partners feature within KPMG’s management consulting division, which accounted for close to a third of the appointments, including nineteen internal promotions.
“I am delighted to welcome a record number of new partners to the firm this year,” said KPMG Australia CEO Andrew Yates. “Their passion and drive were integral to delivering client and community success. A large proportion of these appointments were made in technology roles, reflecting demand across the Australian business community, including our own firm, for digital transformation solutions.”
The 121 new partners bring the firm’s total to more than 660, and represents a sizeable jump on the 74 new partners admitted over the previous financial year. Following management consulting, KPMG’s audit, assurance and risk consulting business saw the largest number of additions with 25 new partners, followed by KPMG Enterprise, the firm’s mid-market business, which added 23 new partners.
Over 40 percent of the new partners are female, with KPMG’s executive now consisting of majority female representation. Yates continued: “We have actively been working to build a more gender and culturally balanced pipeline of future leaders. Having an equal representation of gender on my leadership team allows me to experience first-hand how diversity truly brings different perspectives and ultimately leads to better decision making.”
KPMG’s partnership recruits over the past twelve months include recently appointed cyber practice pair Stuart Mort and Natasha Passley and new national cyber leader Martijn Verbree, alongside other recruits such as Sally Torgoman (ex PwC) and Deepak Pillai (ex Deloitte and EY).
