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September 27, 2010

E&Y names Africa chief executive

Ernst & Young (E&Y) has appointed Ajen Sita as Africa chief executive. He succeeds Philip Hourquebie.

Sita, who is the head of assurance at E&Y Africa, joined the firm in 1993 focusing on entrepreneurial growth companies. He became a partner in 1999 and was appointed head of the entrepreneurial services division in 2001.

Sita is the E&Y’s South African head of audit and chairman of the South Africa’s Thuthuka Education Upliftment Fund.

“For our people, diversity of experiences remains a priority, and our integration has provided us with many career opportunities through mobility across Africa… This appointment comes at an extremely exciting time for Ernst & Young and the African continent,” Sita said.

“As the world takes stronger interest in the potential that our continent has to offer, our firm and clients are already benefiting from our new way of operating following our commitment two years ago to integrate all of our practices in Africa into a single business.”



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