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EY names Sue Kench as new global independent non-executive
Yahoo Finance· 2025-11-05 09:28
Core Insights - EY has appointed Sue Kench as its new global independent non-executive (INE) and member of the EY Global Governance Council (GGC) [1][2] - Kench has nearly three decades of experience at King & Wood Mallesons, including serving as global chief executive from 2017 until December 2024 [1][2] - The INE role aims to provide diverse perspectives to support EY's audit and advisory services in capital markets [2][3] Group 1 - Kench will advise on policy, strategy, and public interest considerations within her new role [2] - She joins current INEs Tonia Lovell and Duane M. DesParte, who are based in Europe and the US, respectively [2] - EY's global chair and CEO, Janet Truncale, emphasized Kench's leadership and governance experience as vital for EY's transformation and client support [3] Group 2 - The independent members of the GGC are responsible for enhancing EY's standards and governance [3] - Truncale highlighted the importance of effective governance, transparency, accountability, and ethical decision-making for EY's operations [4] - Kench's integrity and experience are expected to significantly benefit the organization on a global scale [4]
Audit firm Crowe announces promotions of three partners
Yahoo Finance· 2025-10-13 11:08
Core Insights - Crowe, an audit, tax, advisory, and consulting firm, has promoted three senior team members to partner roles, enhancing its leadership team and expertise [1][4] Group 1: Promotions and Roles - Hayley Ives has over 18 years of experience in tax resolutions and will guide clients through complex dealings with HMRC, including fraud investigations and disputes [1][2] - Matthew Howard, who joined Crowe in 2007 as a trainee, specializes in statutory audit and has experience in HFI audits for companies preparing for public listings [2][3] - Marc Newman, with Crowe since 2006, has 19 years of audit experience and will serve as Corporate Audit Partner, focusing on both UK GAAP and IFRS [3] Group 2: Clientele and Expertise - Ives' clientele includes individuals and entities dealing with tax residence and domicile issues, particularly in offshore matters [2] - Newman's client base ranges from privately-owned businesses to AIM-listed groups, with experience in various industries including manufacturing and international trade [3] Group 3: Company Growth - Crowe's CEO, Nigel Bostock, emphasized the importance of these promotions in supporting the firm's growth and enhancing client services [4] - In August 2025, Crowe expanded by opening a new office in Birmingham's One Colmore Row building, occupying the entire 8th floor [4]
Abacus Worldwide adds Balans-Inform-Audit to network
Yahoo Finance· 2025-10-09 10:32
Core Insights - Abacus Worldwide has expanded its network by incorporating Balans-Inform-Audit (BIA), an audit firm based in Uzbekistan, which enhances its presence in the region [1][2] - BIA, founded in 1999, provides services in economics, finance, and corporate management, helping companies adapt to Uzbekistan's market-oriented economy [1] - The addition of BIA is significant as Uzbekistan seeks to attract more foreign investment, necessitating local accounting expertise to navigate economic changes [2] Company Developments - Abacus Worldwide's CEO, Julio Gabay, emphasized the importance of local accounting support in light of Uzbekistan's currency reforms and corporate governance improvements [2] - In August 2025, Abacus Worldwide also added two Latin American firms, Triade Auditores e Consultores from Brazil and Seven Group G7 from Colombia, to its network [2][3] - Triade, established in 1989, offers a range of auditing services for both national and multinational corporations, while Seven Group G7 specializes in audit and accounting services with a team experienced in large companies [3] Strategic Objectives - Abacus Worldwide aims to facilitate growth for its member firms by addressing client needs both domestically and internationally [4] - The association focuses on creating partnerships with suitable firms in specific locations to support its growth objectives [4]