The Australian branch of the firm has promoted 53 women to partner and has made 29 direct appointments.
EY promotes record number of women to partner
A record number of women have been promoted to partners at EY which, as of 1 July, will raise the overall percentage of women that are partners to 32 per cent, says the firm.
EY regional managing partner and CEO Oceania David Larocca said the addition of 82 partners through 53 promotions and 29 direct appointments displays the strength of the firm.
Of those promoted to partner, a record 27 (51 per cent) are women – a six per cent increase on the previous year, and at least a third of those promoted identified as being culturally or linguistically diverse.
“I am proud and delighted to welcome our new cohort of partners. It demonstrates the opportunities we see across our business,” said Mr Larocca.
“I am especially pleased that we are continuing to build a diverse partnership with a record number of female partners and those who identify as culturally and linguistically diverse on the rise.”
“Whilst we have more to do, advancing social equity and an inclusive workplace is a key part of our strategy as we continue to thrive. It’s positive to see these strong diversity outcomes, our best to date.”
EY also announced it has appointed 26 associate partners across its assurance, consulting, tax and strategy and transactions services, of which 31 per cent are women.
“Our new associate partners are an extremely talented group of individuals, providing vital services to our clients and we are delighted to acknowledge the value they bring,” said Mr Larocca.
“Our people are our greatest asset, and our new partners and associate partners represent the fabulous talent we have right across the firm.”
“I look forward to working with all of them as we take on the challenges and opportunities we face as we move into 2024 and beyond.”
EY said the promoted partners reflect its growth across its various practice areas with 13 in its consulting practice, 12 in tax and law, nine in strategy and transactions, eight in assurance, seven in financial services, and four in its people advisory services practice.
The firm said the partner intake takes it to 756 partners across Australia, an increase of seven per cent compared to last year, with all being equity partners.