Marcus Hatch, territory senior partner of PwC East Caribbean in Barbados, stated that PwC in the Caribbean is currently engaged in a transformation of its business in response to the changes affecting businesses in the Caribbean and across the globe.
“We have seven firms that are investing heavily to create one strong Caribbean network, supported by a common vision, and centralised systems and tools. The Barbados-based firm of PwC East Caribbean will be part of the new Caribbean network, but the St Lucia, Antigua and St Kitts partners will not be joining and will instead pursue a future with Grant Thornton."
“We have been colleagues for many years and we will continue to work closely together, as appropriate, to serve clients within these islands,” Hatch said. "Uppermost in the minds of all parties was to ensure that our arrangements meet the needs of the key stakeholders – the local marketplace and those regional clients with local investments – as well as the practices themselves. All of us are confident that we have achieved that.”
Charles Walwyn, managing partner of the Grant Thornton practices in Antigua and St Kitts, said the changeover will be seamless and will not disrupt services to clients.
“This is an entirely amicable separation which will see us continuing to work closely together with our former colleagues to meet the needs of regional companies with operations in the OECS. The name over the door may have changed but our relationships and commitments have not,” he said.
“Grant Thornton will continue to service clients to the highest quality standards. Our clients will continue to be serviced by the partners and staff that they have come to know and depend upon and we will work closely with PwC, where appropriate, to serve those clients with regional connections.”
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