The big four firm has announced the promotion of 11 new tax and legal partners in Australia, as part of a global cohort of 67 partner appointments and three executive director appointments.
Editor’s note: This story first appeared on Lawyers Weekly’s sister brand, Accounting Times.
On Tuesday (17 June), KPMG Australia announced 47 internal promotions, 21 lateral hires and two new partners that joined the firm through KPMG’s acquisition of technology and financial solutions firm Chartertech.
“Reflecting the balance in our business, all divisions of our firm appointed new partners, with Consulting and KPMG Enterprise, which serves the mid-market and family offices of Australia, investing most heavily,” chief executive Andrew Yates said.
“We also made significant investment in our heritage businesses of audit, tax and deal advisory. Pleasingly, the majority of this year’s new partners stem from internal promotions, reflecting our focus on leadership development and building career paths at the firm.”
The 11 new partners in KPMG’s tax and legal team are:
The promotion blitz saw KPMG welcome new partners across most Australian capital cities. Most of the incoming partners are set to be based in Sydney (30) and Melbourne (13), while there were nine new partners in Perth, eight in Brisbane, and five in Canberra.
KPMG noted that 46 per cent of the new partners were women, and 27 per cent identified as culturally diverse.
Reflecting on the promotions, Yates underscored the importance of diversity amid an increasingly unpredictable operating environment.
“In this year’s unpredictable environment, the benefits of a diverse business and diverse talent come to the fore. I’m incredibly proud to announce the appointment of this year’s partners, who come from a broad range of backgrounds to support our clients,” Yates said.