Ernst & Young names new heads for two practices
Dale Nijoka to lead Global Oil & Gas practice; John Harley to lead Global Private Equity practice.

Fuente:   Fecha:  20/08/2009

Ernst & Young names new heads for two practices

Ernst & Young has appointed Dale Nijoka to lead its Global Oil & Gas practice, while John Harley will head the Global Private Equity practice.

Nijoka has spent more than 28 years working within the Oil & Gas sector at Ernst & Young with a wide range of international clients. He has particular experience in coordinating large multinational internal and external audit functions, advising on merger and acquisition accounting, SEC reporting matters and offering documents, and assisting in debt restructuring and corporate reorganizations. He is the global coordinating partner for ConocoPhillips, and serves as an independent reviewing partner and senior advisory leader for several other major oil and gas clients.

Ernst & Young is a leading advisor to the oil and gas sector, providing a wide range of services to the ten largest oil and gas companies in the 2009 Fortune 500, including serving as auditor to three.

James S. Turley, Global CEO and Chairman of Ernst & Young, said: "Dale is the right person to build on our market-leading capabilities in the oil and gas sector. He brings a depth of knowledge and experience based on three decades of working with many of our largest global clients and is a proven leader in his field. As this sector evolves and national oil companies increasingly emerge as key players, we continue to invest heavily in our Oil & Gas practice, particularly in the Middle East - we recently announced the move of our global Oil & Gas Center to Bahrain. We also have Center locations in Houston, London, Moscow and Shanghai."

Harley joined Ernst & Young in 2000 to lead its Global Technology, Communications and Entertainment (TCE) Corporate Finance practice. Subsequent roles within Ernst & Young have included the Head of its TCE European practice and Global Vice Chair of Accounts, Industries and Business Development. His current position is Head of Private Equity for Europe, Middle East, India and Africa. He is also leading the Ernst & Young response to proposed European Commission regulation of the sector.

Steve Almassy, Global Vice Chair, Office of the Chairman Accounts and Industry, said: "John brings an outstanding depth of knowledge and experience to this role. This will be invaluable as we continue to develop our private equity capabilities."