Deloitte has appointed Allee Bonnard and Paul Stephenson as managing partners for its Audit & Assurance in the UK and South Europe (NSE) regions.
Effective from January 2025, Bonnard will serve as the UK Managing Partner for A&A, while Stephenson will serve as NSE managing partner for A&A.
Bonnard, with over two decades of experience in asset management and private equity, currently leads Deloitte UK’s financial services audit practice.
She is also a part of the firm’s audit executive. Her career began in Deloitte’s New York office before relocating to London in 2005, where she has been involved in high-profile audits across various geographies.
Bonnard added: “Building on the success of recent years, we will remain steadfast in our commitment to audit quality, the audit and corporate governance reform debate, and the adoption of new technologies to continue to enhance our audits, such as Generative AI.
“I am also hugely proud to be the first female leader of Deloitte’s UK A&A business. Whilst we have made significant strides on gender equality – growing the number of women signing FTSE 100 audits from 9% just five years ago, to around 50% by next year – we know there’s still more to do to ensure all of our diverse talent are given the opportunity to thrive.”
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By GlobalDataCurrently, Stephenson is UK managing partner for Deloitte A&A. He is also an audit partner in the financial services industry.
Throughout his career, Stephenson has held key roles in the UK A&A business, including Chief Operating Officer, head of financial services audit, and leader of the graduate recruitment team.
The new appointments come as Nikki Mitchell, the current NSE managing partner for A&A, prepares for retirement at the end of the financial year.
Deloitte UK and Deloitte NSE senior partner and CEO Richard Houston said: “Under Paul’s leadership, the UK A&A business has grown from strength to strength, with audit quality at its core.
“Allee has a strong track record as both a leader and an A&A professional at the firm, I am confident that she will be a fantastic addition to our UK Executive team. As the business continues to evolve, her passionate and dynamic approach gives me every confidence that she is the right person to lead UK A&A into the future.”
In November 2024, Deloitte expanded collaboration with Hewlett Packard Enterprise (HPE) to implement the HPE Private Cloud AI with NVIDIA.
This initiative aims to enhance Deloitte’s existing AI capabilities.
Deloitte NSE, which is said to be the second largest member firm in the Deloitte network, has 3,600 partners and employs 75,000 people across 30 countries.
