Friday, June 22, 2007

Local Talent Vital to China’s Economic Development


PricewaterhouseCoopers’ CEO Calls for Responsible Leadership

PricewaterhouseCoopers (PwC) Global CEO Sam DiPiazza said the firm is committed to developing more local Chinese talent and to supporting the accounting profession in China, following an announcement today that PwC has appointed 55 new partners for its mainland China and Hong Kong practice.

"Every year PwC is proud to announce the admission of new partners, an important mile stone in the career of an accounting professional,” said Mr. DiPiazza at a press briefing in Shanghai. “This year, we are happy to see that 40 of the new partners are from mainland China and 15 from Hong Kong. It’s a significant step in our localisation strategy -- and a measure of our success in attracting local talent."

The appointment of the new partners brings the number of partners in mainland China and Hong Kong firm close to 330, with total staff strength of 8,000.

“People are our most valuable asset,” noted Mr. DiPiazza. “After establishing our business in China more than 100 years ago, PwC understands that sustainable growth depends on our ability to attract, retain and motivate the best talent.”

See full Article.