There are now member firms operating under the PwC brand across 157 countries, employing 284,258 people under the overall coordination of PricewaterhouseCoopers International Limited.
A Network Leadership Team sets our overall strategy and agrees the standards to which all member firms must adhere. PwC UK is well represented on this leadership team, as well as on the Global Leadership and EMEA Executive teams.
Bob Moritz is the Chairman of PricewaterhouseCoopers International Limited.
In the Middle East, we continue to achieve strong growth - at 13% year on year. We have invested in growth areas to boost our strategic capabilities, industries, and markets. During FY20, we advised and supported governments and businesses as they responded to COVID-19 alongside existing and evolving challenges, such as accelerating tech disruption, geopolitical tension, changing demographics, and the need to diversify economies in response to low GDP growth.
We are ideally placed to help regional and multinational clients to develop and execute their strategies in the Middle East and beyond. Our continued focus on growing talent and teams in the region means we now have over 5,400 people, including over 230 partners, across our Assurance, Tax, Consulting, Deals and Strategy& businesses in 12 different countries.
The UK firm is now six years into its alliance with PwC Africa. PwC is the largest professional services provider across the continent, with over 9,000 people, including almost 400 partners. Revenue growth of 6.4% was achieved in the region in FY20.
The alliance was established to service increasing demand for expertise as the African continent's economic growth and trade accelerated. This year, PwC supported clients across Africa as they responded to business disruption, changes to how and where people work, and opportunities for investment - ranging from manufacturing to e-commerce. The growing consumer spending power that has accompanied Africa’s economic expansion in recent years has, as in all territories globally, been challenged by COVID-19. As businesses renew their focus on innovation and technology to drive enterprise and economic recovery, we continue to support local strategic priorities and market activity across all lines of service.
The UK firm is now seven years into its strategic alliance with PwC Central and Eastern Europe (CEE). Revenue growth of 7% was achieved in the CEE region this year (double digit growth was generated until the impact of COVID-19). The region continues to experience a complex political and economic environment, including ongoing US / EU sanctions applied against Russia.
Financial Services, Government & Public Sector, Healthcare, and Forensics were particular areas of focus for the strategic alliance in FY20. We anticipate further increase in future revenue growth opportunities, based on these investments and strengthening relationships.
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