The integration of the existing EY Asia-Pacific and EY Japan geographic areas reflects the globally connected nature of today’s business environment and the increasing inter-Asia regional trade opportunities.
The new area – EY Asia-Pacific – has combined revenues of $5.3 billion (for the financial year ended June 2018) and covers 23 countries, with over 2,800 Partners in EY member firms and over 51,500 EY people, the consultancy firm said. EY Asia-Pacific Area Managing Partner, Patrick Winter (pictured above), will lead the expanded geographic area that will take effect from 01 July 2019.
The integration further strengthens the regional credentials of the EY organization across key sectors, such as financial services, technology, energy, consumer products, automotive and healthcare, and provides both EY clients and people with greater access to the depth of EY knowledge across Asia-Pacific, the company added.
Over 80,000 Auditors
«This move will help EY professionals bring new solutions to clients faster, assemble broader and more experienced teams, continue to lead on audit quality through connected teams of over 80,000 auditors across the globe and invest in EY services to benefit EY clients on a broader scale,» Winter said.
EY Japan has grown into a key region for EY in Asia-Pacific with over 7,800 people, offering a broad range of services to EY clients in 17 cities and across 9 sectors. In 2018, EY Japan generated revenue of $1.1 billion for the financial year ended June 2018. The integration will strengthen cooperation within EY Asia-Pacific region and EY Japan will maintain its current legal entities in Assurance, Advisory, Transaction, and Tax service lines.