PwC Sweden merges with Ranby
Björklund… Chinese firm unveils growth plans… Kreston expands
in Venezuela… PwC UK reveals insurance head…

MERGERS AND ACQUISITIONS
PwC Sweden merges with Ranby Björklund

Swedish firm Öhrlings PricewaterhouseCoopers (PwC) is to merge
with audit firm Ranby Björklund. A former RSM International member,
Ranby Björklund is based in Stockholm and has about 60 staff. PwC
vice president Hans Börsvik said: “The merger shows PwC’s
recognition of audit as an important service in the future, in a
demanding market.” Ranby Björklund chief executive Ulf Hartell
Borgstrand added: “We see it as an important strategic decision to
become a part of PwC when we see that our customers have a need for
the breadth of services they can offer. We are now getting a bigger
platform, which feels like the right step in our development.”

RECRUITMENT
Chinese firm unveils growth plans

KPMG China has appointed 35 partners to support the firm’s
expansion and embrace challenges and opportunities in growing
markets. Over the past three years the firm has doubled the size of
its workforce to more than 7,000 people and it plans to grow to
10,000 people by 2011.

MERGERS AND ACQUISITIONS
Kreston expands in Venezuela

Kreston International has strengthened its South American
presence with the addition of two new audit firms in Venezuela. BTF
Consultores, based in Caracas, and Williams & Asociados, based
in Puerto Ordaz, will join the association. The addition of the new
members builds on Kreston International’s recent admission of
Venezuelan firm Brito Darrigo Martinez & Asociados; a three
partner firm specialising in tax consulting, tax compliance and
transfer pricing.

PEOPLE
PwC UK reveals insurance head

Gavin Phillips has become the new head of PricewaterhouseCoopers
UK (PwC) London insurance market and Lloyd’s insurance group. The
PwC partner has also become a member of the UK insurance leadership
team at the firm. Phillips takes over from Philip Calnan, who will
continue to work with clients both in the Lloyd’s and London
insurance market and the wider insurance sector. Phillips has 15
years of experience in PwC’s insurance and reinsurance practice,
including three years on secondment to the US firm. At PwC,
Phillips has undertaken assignments covering audit, financial
investigation, due diligence and regulation.