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History

Founders of Deloitte

It has been more than 150 years since William Welch Deloitte opened his own accountancy office across the street from Bankruptcy Court on Basinghall Street in London.

While we are known in the global marketplace by our brand name, "Deloitte." our legal entity name - Deloitte Touche Tohmatsu - owes its existence to three leaders in our profession who, from the beginning of other professional careers, recognized the importance of a worldwide practice.

 

William Welch Deloitte

After Tohmatsu qualified as a certified public accountant at the age of 57 in 1952, he became a partner in a foreign-affiliated accounting firm and a director of a private corporation. In 1967, he became president of the Japanese Institute of CPAs. The key to Tohmatsu’s growth was the decision to send a substantial number of partners and professional staff overseas to gain experience. From the beginning, this meant the firm was internationally focused, and this is reflected in its long-standing international clients.

 

 

George Touche

When George Touch qualified as an accountant in Edinburgh in 1883 and set off south to seek his fortune, there was no 'e' on the end of his name. By 1906, tired of the common English mispronunciation of his surname, he had it changed. A flair for saving doomed businesses from disaster led to the formation of George A. Touch & Co.  in 1899 and in 1900, along with John Niven, the son of his original Edinburgh mentor, he set up the firm of Touche Niven in New York. Touche Niven offices soon spread across the United States and Canada. Meanwhile Touche took his reputation for probity to the electors, became MP for North Islington in 1910 and was knighted in 1917.

 

 

Nobuzo Tohmatsu

After Tohmatsu qualified as a certified public accountant at the age of 57 in 1952, he became a partner in a foreign-affiliated accounting firm and a director of a private corporation. In 1967, he became president of the Japanese Institute of CPAs. The key to Tohmatsu’s growth was the decision to send a substantial number of partners and professional staff overseas to gain experience. From the beginning, this meant the firm was internationally focused, and this is reflected in its long-standing international clients.

 

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