Reinsurance News

PwC UK announces leadership changes to core business divisions

8th July 2019 - Author: Matt Sheehan

PwC UK has announced the appointment of new leaders for some of its core business divisions, including Tax, Deals, Audit, and Risk Assurance.

PwCMarissa Thomas will take on the leadership of the Tax practice after two years leading Deals, with Ken Walsh succeeding Thomas as head of the Deals business.

Hemione Hudson, meanwhile, has been appointed to lead the firm’s Audit practice, with responsibility for external audit and audit-related services.

Finally, Sam Samaratunga will the head up the new Risk Assurance practice, with responsibility for services such as internal audit, cyber security and technology risk.

“The business and political environment remains uncertain and the markets and industries in which we work are changing rapidly,” said Kevin Ellis, Chairman and Senior Partner of PwC UK.

“These appointments maintain the strong leadership of our core businesses, and represent the skills necessary to work with our clients as they respond to the external environment and to lead our people through our own technology and workforce transformation,” he added.

PwC also announced the promotion of 69 new equity partners from July 1, 2019, a significant increase from 54 last year.

Together with 13 direct partner hires recruited during the year, the firm’s total UK partner number is now 944.

“I’m delighted to welcome these outstanding new partners who are evidence that we are delivering our diversity action plan,” Laura Hinton, Chief People Officer at PwC UK.

“The more our people can see role models who look and work like them, the faster we will make PwC a place where anyone can succeed.”

In addition to Ellis, Hinton, and the new appointments, PwC UK’s Management Board now consists of: Marco Amitrano, Head of Consulting; Jon Andrews, Head of Technology and Investment; Kevin Burrowes, Managing Partner for Clients and Markets; Margaret Cole, Chief Risk Officer and General Counsel; Warwick Hunt, Managing Partner and COO; Dan Schwarzmann, Head of Market Initiatives and Industries; and Paul Terrington, Head of Regions.

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