EY Appoints Global Leaders for Accounting and Consulting Organizations Following Separation
[Asia Economy Reporter Lee Seon-ae] EY Han Young, the Korean member firm of the global accounting and consulting corporation EY, announced on the 19th that it has selected global leaders to lead the two organizations following EY's plan to split into two separate entities.
Julie Boland will serve as the Global Chair and Chief Executive Officer (CEO) of the accounting firm ‘AssureCo,’ while Carmine Di Sibio will take on the role of Global Chair and CEO of ‘NewCo.’ Both terms will be effective from the official date when EY splits into two organizations.
EY explained that it is proceeding with all processes carefully and thoroughly, and that the procedures related to the partner vote scheduled for early next year are also progressing as planned. EY emphasized that this organizational split plan can provide long-term value by responding to the changing environment and redefining the direction of professional service organizations.
Julie Boland was elected Chair and Managing Partner of EY USA as well as America Area Managing Partner in February and began her term in July. The America Area currently has 97,000 employees and records sales exceeding $20 billion.
Before joining EY, she worked at two global investment banks and served as Chief Financial Officer (CFO) at a private company. Julie Boland is a certified public accountant who began her career in audit at one of the Big Four accounting firms and has built her career in New York, Chicago, Cleveland in the United States, and London in the United Kingdom.
Carmine Di Sibio has served as EY’s Global Chair and CEO since 2019. Prior to his current position, he was EY’s Global Managing Partner for Client Service, leading the organization’s global strategy and four service line organizations.
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Utilizing his diverse experience in the financial services sector, Carmine Di Sibio has played a global leadership role within EY. Based on his global leadership experience, he is working as co-chair of EY’s Global Diversity and Inclusiveness Operating Committee to maximize the impact of diverse opinions, perspectives, and cultural understanding within the organization.
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