PricewaterhouseCoopers (PwC), a global consulting firm, said yesterday it has appointed a total of 55 new partners across its offices in mainland China, Hong Kong, Singapore and Taiwan, suggesting growing demand for professional services in the region.
Effective on July 1, more than half of these new partners, 29 in all, will be based in mainland China, 14 in Hong Kong, six in Singapore and six in Taiwan. By practice area, there will be 25 new assurance partners, 13 in tax and 17 in advisory.
The appointments bring the total headcount of partners in the four offices to around 690 and the overall number of staff to 16,000, according to PwC.
PwC said the new appointments would further enhance its ability to continue to provide a wide range of professional services to meet the growing needs of clients. They are at the same time consolidating and building on the firm’s leading position in the region.
“A great majority of our newly appointed partners are from mainland China,” said Nora Wu, human capital leader of PwC Asia-Pacific. “This reflects PwC’s ongoing commitment to building a practice that both understands and can serve the needs of the China market.”
The firm is also committed to recruiting the best and brightest graduates from leading universities in the region. Around 2,800 new graduate recruits will join the firm in mainland China, Hong Kong, Singapore and Taiwan during the coming months, it said. About 2,000 will be based in mainland China and Hong Kong.