PwC India now part of UK cluster

PricewaterhouseCoopers (PwC) India, one of the Big four firms, will now be joining the

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firm’s UK-led cluster, moving out of purview of the US firm. PwC global leadership on Tuesday evening annou-nced that “the firm will now be organised into three clusters led by the biggest firm in each—the US led cluster, the UK-led cluster and China-led cluster.”

More specifically, beginning October 1, PwC’s network will be organised into three major geographic clusters led by the Senior Partner of the largest national firm in each cluster. The cluster leaders will coordinate and facilitate activities across the cluster.

The ‘East Cluster’ will be led by Silas Yang, senior partner of PwC China. The ‘Central Cluster’ by Ian Powell, senior partner of PwC UK and the ‘West Cluster’ by Dennis Nally, senior partner of PwC US.

PwC’s global leadership also made it clear that the new focus of one of the world’s largest professional services firms’ will be on the emerging markets.

PwC will now bring together its various partner firms in different countries in three clusters. The move aims at leveraging PwC’s expertise in different areas in emerging markets like Middle East, India and China.

Ramesh Rajan, chairman, PwC India said, “One of the key benefits of the new cluster structure is that it will enable PwC to increase further its focus on emerging markets like India, which will be the engine of much of the future growth. These changes preserve our approach of a global service delivered locally. Our clients will benefit with the consistent adoption of the PwC standards on client service delivery. This new structure will also provide our people with a wider range of career opportunities.”

Sam DiPiazza, global chairman and CEO of PwC, said: “Even the best companies in the world have problems integrating systems across wide territories and we’re not different. This is about preparing us for working in a globalised world with heavy regional players.”

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