Ernst & Young (E&Y) has
appointed Pieter Jongstra as the new managing partner and chairman
of member firms in the Netherlands and Belgium. He succeeds Jan
Nooitgedagt, who will leave the firm on 1 March to become chief
financial officer of life insurance and pension group Aegon.

Pieter Jongstra, new managing partnerE&Y is the fourth-highest fee-earning firm in the
Netherlands, according to last year’s International Accounting
Bulletin
survey of the Dutch profession (see IAB
431
).

Jongstra started his career with Ernst &
Young in 1982 and became an audit partner in 1992. In 2003, he
became chairman of the accountancy partnership and member of the
board of directors of Ernst & Young Netherlands. Since 2005,
Jongstra has been leader of E&Y’s assurance and advisory
business services (AABS) practice for Central Europe. He is
currently chief operating officer of the AABS board within Ernst
& Young Europe, Middle East, India and Africa.

Jongstra said it was an immense challenge to
lead E&Y in Belgium and the Netherlands under the current
economic circumstances but he was very confident the firm was on
the right track to market leadership.

Jongstra’s appointment is subject to approval
by the Netherlands Authority for the Financial Markets
(Autoriteit Financiële Markten).

Nooitgedagt will remain as a partner at the
firm until his departure in March.