- The new appointments will expand EY’s UK Partner population by 10%
- Over 60% (161 Partners) are internal promotions and 106 are external hires
- 33% are women and 28% are from an ethnic minority heritage, of which 7% identify as Black / Mixed Black
EY has today announced the appointment of 267 new Partners in the UK, as the firm continues to make significant investments in top talent to meet client demand and support the growth of the business. The new appointments mark a 10% increase in EY’s total Partner population in the UK to 1683, compared to 1533 Partners at the start of the last financial year.
The new appointments reflect the firm’s increased investment in its sectors, service lines and regional business, in areas such as Audit, Financial Services, Technology Consulting, EY Parthenon, Private Equity, and the Energy sector. 42% (112) of the new appointments are Equity Partners and around a quarter (62) of all the new Partner appointments are based outside of London.
Hywel Ball, EY’s UK Chair comments: “We are on track for our third year of double-digit growth in the UK and are making significant investments to meet client demand. These new appointments increase the size of our UK Partnership by 10% and put us in a great position to continue our outstanding growth in the years ahead.
“The new appointments span all parts of our business, across all parts of the UK, with notable investments in areas such as audit, financial services, technology consulting, Private Equity and EY Parthenon.
“I’m also particularly proud that 60% of this year’s Partner appointments are internal promotions and mark our commitment to developing top talent. We want EY to be a place where everyone is able to achieve their potential and we’re focussed on building a pipeline of talent across all parts of the firm.”
Commitment to Diversity
As part of the firm’s commitment to accelerating its progress on diversity, equity and inclusion, EY has clear targets to increase the proportion of female and ethnic minority Partners in its UK business to 40% female and 20% from ethnic minority backgrounds (of which 15% will be Black) by July 2025. Targets and metrics are used to drive progress at all levels of the business and also form part of the annual performance scorecards for each business unit.
The goals are supported by targeted actions to help drive progress, including leadership programmes, mentoring and sponsorship schemes for both high potential women and ethnic minority employees. EY works with suppliers to ensure job candidates are diverse and continuously reviews proportionality in performance appraisals, promotions and work allocation across gender and ethnicity. EY also continues to invest in seven employee networks, including a 3,500 strong Women’s Network and a Race and Ethnicity Network, which provide professional development and help create a culture of belonging at EY.
Of the new Partners appointed this year, 33% are women and 28% are from an ethnic minority background, of which 7% (5 Partners) identify as Black / Mixed Black. The new appointments mean that EY’s total UK Partner population is now 28% women and 17% ethnic minority, of which 8% identify as Black / Mixed Black. This compares to 27% women, 15% ethnic minority and 8% Black / Mixed Black in the previous financial year.
Hywel Ball commented: “I’m encouraged to see the progress we’re making to increase the diversity of our Partner population, but we know there’s still a way to go. Building a diverse and inclusive culture is a top priority for EY and we’re taking targeted action to accelerate the pace of change.”
Notes to editors:
- Diversity figures are based on individuals who have disclosed their ethnicity.
- Promotion figures include those moving from Non-Equity Partner to Equity Partner.
