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Wednesday, August 4, 2010

Ernst & Young Eastern Africa Practice appoints new CEO



Ernst & Young would like to announce the appointment of Mr. Gitahi Gachahi as its new Chief Executive Officer for its Eastern Africa practice. He will replace Mr. Coutts A. Otolo as the CEO of EY Eastern Africa practice, with immediate effect. In addition Mr. Gitahi will assume the role of Country practice leader and will also become a member of the EY Africa Sub-Area Executive team.

Mr. Gitahi has been with the firm for over twenty years and was until recently, the Regional Tax Leader as well as the People (HR) Partner. Gitahi has over twelve years professional experience in the Assurance service line and eight in Tax. Gitahi is known for his knowledge of regional tax issues and has been involved in many tax initiatives in Kenya. He is a member of the Institute of Certified Public Accountants of Kenya (ICPAK). Gitahi has a Bachelor of Science degree in Business Administration and an MBA in strategic Management.

Mr. Gitahi will replace Mr. Coutts Otolo who until recently was the Chief Executive Officer of the Ernst & Young Eastern Africa practice, country practice leader and a member of the Ernst & Young Africa Sub-Area Executive. Mr. Otolo’s career with EY spans a period of 33 years, during which time the firm has recorded significant growth not only in Kenya, but also across the Eastern Africa region. After a successful career with the firm, Coutts has decided to change course and pursue other interests outside the firm.

Philip Hourquebie, Managing Partner: Africa at Ernst & Young recently commented that the firm’s integration had exceeded expectations, particularly in East Africa (which includes Kenya, Tanzania, Uganda, Rwanda and Ethiopia), since its introduction 18 months ago. This initiative, which has resulted in Ernst & Young becoming the first and only fully integrated global firm, has significantly strengthened business operations across Africa.

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