Andy Baldwin appointed to lead EY's Europe, Middle East, India and Africa practices

- Regional Managing Partner for Financial Services in EMEIA to head up EY's second largest geographic area by revenue

- Joins EY's Global Executive committee

LONDON, May 19,2016 /PRNewswire/ --EY announces the appointment of Andy Baldwin as its new leader for Europe, Middle East, India and Africa (EMEIA). Andy will become Area Managing Partner on 1 July 2016, leading EY's EMEIA member firms, which together represent US$11.82b in revenue and more than 102,000 people across 99 countries.

Andy, 49, has had a distinguished 25+ year career in the financial services industry, focused primarily on the European market and with particular focus in the insurance sector. He is currently Regional Managing Partner for EY's Financial Services Organization (FSO) in EMEIA, overseeing its financial services portfolio across 14 markets, and Chair of Global FSO, developing the financial services strategy globally.

Over his 18 years with EY, Andy has been a senior advisor for many of the professional services organization's largest clients and has worked closely with key regulators throughout Europe, including the UK's Financial Conduct Authority. Previously, he held senior level roles at Capgemini and IBM, and began his career with Commercial Union, now part of Aviva.

Mark Weinberger, EY's Global Chairman and CEO, says:

"We realized strong gains across EMEIA in both developed and emerging markets last year, despite volatile conditions in many individual markets and a slowing global economy. Going forward, we have extraordinary opportunities with our clients and a very strong base following our 11.6% growth in EMEIA in FY15.

"We are fortunate to have an excellent bench of talent at EY and Andy was selected for his focus and commitment to quality, as well as his strong track record of inclusive leadership and market-leading growth across our financial services operations in EMEIA. I look forward to working more closely with Andy and his team to continue this success."

Andy, originally from Liverpool, has a degree in Economics from Sheffield University and an MBA from Cranfield School of Management, as well as further postgraduate qualifications in marketing and insurance.

Andy says, "It's a privilege to lead such a dynamic area and an exciting opportunity to build on our strong momentum in the market. In an increasingly complex and globalized world, our integrated EMEIA model is a powerful competitive advantage. My focus will be to continue to drive collaboration within EMEIA and with our other geographic areas, because how we team - not just what services we deliver - is pivotal to our clients' success."

Andy succeeds Mark Otty, who completes his second term as Area Managing Partner of EMEIA in June and on 1 July moves to a newly created role as a key member of the emerging markets committee. In his new role, Mark will help drive the development and execution of EY's investment plans in the emerging markets.

Weinberger says, "Mark Otty is a tremendous leader. His vision and drive led to the creation of the integrated EMEIA geographic area in 2008, bringing together 86 practices (now 99). EY remains the only professional services organization to have achieved this level of integration, which has brought us true competitive advantage in the market. We are committed to building on the strong foundation Mark and his team has created."

Notes to Editors

About EY

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This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

Yvonne Diaz
EY Global Media Relations
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