Deloitte Bermuda has promoted James “Jimmy” Caplice to Partner in its Audit & Assurance Services division.

The professional services firm said Mr Caplice first joined Deloitte in the United Kingdom in 2004 and has since gained experience working in both the Dublin and Bermuda offices, moving to the island in 2009.

Deloitte said he has more than 17 years of audit experience, working with financial services companies, specialising in providing audit and advisory services to the re/insurance industry, primarily with SEC-registered global insurers.

Mr Caplice has an extensive background in SEC reporting, US accounting and auditing standards, and testing of internal controls.

In addition to his audit background, Deloitte said he has been instrumental in leading audit transformation initiatives across the wider Deloitte Bermuda and Caribbean region, leveraging audit innovation tools and advanced analytics to transform audit service delivery and deliver insights to clients.

He is a member of the Institute of Chartered Accountants of Scotland and of CPA Bermuda.

John Johnston, chief executive officer, Deloitte Caribbean region and Bermuda, said: “Jimmy’s promotion to partner is well-earned. It reflects the focus and commitment that he and the audit team have dedicated to driving the growth and quality of our audit and advisory businesses across the Caribbean region and in Bermuda.”

Anna Burns, audit leader, Deloitte Caribbean region and Bermuda, said: “Having worked with Jimmy for several years I am pleased to congratulate him on his promotion.

“Jimmy exhibits the Deloitte Shared Values supporting his teams and clients and is a valuable member of our leadership team.”

Mr Caplice said: “I am incredibly proud to become a partner in the firm, and I am grateful to the many talented people and teams that I have worked with across the global Deloitte network who have helped me to achieve this promotion.”