Deloitte’s Swiss Partners join the UK Firm
The Deloitte firms in the UK and Switzerland have been combined and now operate as a single practice. This development recognises the importance of Switzerland as a key business and financial centre and the large number of major global companies based in the country. The resources, scale and investment capacity of the Deloitte UK firm will be focused upon Switzerland with the intention of increasing the size of the Deloitte Swiss operations very significantly.
Following the execution of the transaction later this week the Deloitte Swiss companies will be wholly owned by Deloitte & Touche LLP in the UK. Gerhard Ammann will be the Chairman and CEO of the Swiss practice and other partners in Switzerland will become partners in the UK firm.
Gerhard Ammann commented, “We are extremely pleased with this development which will bring exceptional additional resources and skills to the Swiss market and great opportunities for our people.”
John Connolly, the UK firm’s CEO and Chairman of the Global Management Committee of Deloitte Touche Tohmatsu said, “Deloitte firms around the world recognise the increasing need to bring very specialist skills to serve global clients in all vital territories. Given the importance of Switzerland as a centre for major companies especially in financial services, pharmaceuticals and the consumer business sector we consider it important to deliver our best specialist resources from the largest Deloitte office, London, directly to the Swiss market. We anticipate increasing the scale of our offices in Switzerland very considerably in the near term. The investment will be considerable and will benefit our clients, our people and our business.”