PwC Midlands invests in record partner and director promotions

PwC Midlands has announced a record round of partner and director promotions, with seven Midlands directors admitted into the Partnership, and 18 senior managers promoted to director, across all lines of services.

The seven Midlands partners, over half of whom are women,  join a total of 74 new Partners admitted across PwC in the U.K., taking the partnership to over 1,000 partners for the first time. 

The new Midlands Partners are part of over 400 promotions made across the region, including 33 senior managers and 57 managers.

Matthew Hammond, PwC UK Midlands Regional Market Leader & Birmingham Senior Partner, said:

“This year we have made a record investment in new partners and directors in the Midlands. Many of these colleagues have grown a career with PwC straight from university or via apprenticeships, highlighting our commitment to our people’s development. Each brings a wealth of knowledge to help our clients achieve their business goals and navigate complex problems. Congratulations to all our new Partners and directors, and to each of our 400 Midlands team members who are celebrating much deserved promotions.”

Across the UK, 42% of the directors promoted to partner within the July cohort are women (up from 39% last year) and 19% are from an ethnic minority background (up from 14%), moving the firm closer to its 2025 gender and ethnicity representation targets at partner level of 30% and 15% respectively. 

As PwC continues to invest in growth outside London, 38% of the new partners are based in regional offices including Belfast, Manchester, Birmingham and Glasgow, up from 30% last year. This takes the total percentage of PwC UK partners based outside London to 27.6%. 

Reflecting the increasingly important role technology plays at PwC, 15% of the new partners are technologists. Among this group, half (50%) are female, 30% are from an ethnic minority background, and 20% are based outside London.

Partner admissions in the Midlands are:

Rachel Cletheroe, Audit partner.  Joined PwC in 2006, straight from university.  Rachel has held a number of roles including secondments with clients. Rachel’s focus is on leading large international corporate audits, as well as being a mental health advocate for the firm, supporting the wellbeing of colleagues across the business.

Rebecca Elnaugh, Deals Partner.  Joined PwC in 2021 and has specialised in valuations for 15 years. Rebecca focuses on mid-market private equity clients working with them to enhance value through the design, implementation and valuation of management incentive plans.

Sally Graham, Deals Partner.  Joined PwC in 2006 from university and is a specialist in PwC’s Sale and Purchase Agreement (SPA).  Sally focuses on helping private equity and corporate clients across a range of sectors and deal sizes to maximise and protect value through their M&A transaction pricing mechanisms.

Amy Johnson, Tax Partner.  Joined PwC in 2003, having been introduced to the firm in 2001 through a university internship. Amy has held a number of roles, starting in employment taxes and now specialising in corporate tax. Amy works with private equity backed businesses, helping them to navigate the complexities of the international tax environment and supporting management to maximise the value of their businesses.

Ajay Kabra, Audit Partner.  Specialising in financial services, Ajay began his PwC career at PwC India and joined the UK firm in 2011 on secondment. Ajay made the move permanent and has worked across multiple sectors including manufacturing, automotive and now financial services. Ajay’s diverse experience brings different perspectives to provide clients with the best service. 

Dan Packwood, Tax Partner.  Joined PwC in 2011 following an apprenticeship with another firm. Dan will lead the Tax Private segment in the central region with a particular focus on deals related services for private clients. 

Matt Palmer, Audit Partner.  Joined PwC in 2004, from university and has worked internationally including a three year secondment to Sydney. Matt leads audits of large private equity backed portfolio businesses.