News briefs

PEOPLE
JHI reveals global leadership team

Stuart Meyers, a partner at US firm Dorfman Abrams Music, will take
the chair of JHI International next year. The association’s new
executive committee was revealed at its recent annual conference in
Rome. Other appointees include Jeffreys Henry partner Mark Tenzer
as vice chairman and European region chair, Ken Kirkland as region
of Americas chair and Norman Same as Asia-Pacific region chair.

MERGERS AND ACQUISITIONS
Praxity expands in Baltic

Rimess, a pan-Baltic service company and a member of Praxity and
Mazars, is to merge with two Lithuanian firms. Rimess has net fee
income of EEK 46 million ($4.3 million) and claims it is one of the
top four auditing and consulting firms in Estonia. The firm has
announced its intention to merge with the local firms Renovacija
and Audito Reziume. The combined operation will have offices in
Vilnius and Kaunas, four audit partners and 35 professional and
administrative staff.

PEOPLE
E&Y appoints assurance leader

Isabelle Santenac has been appointed global assurance leader at
Ernst & Young (E&Y). John Murphy, E&Y’s global vice
chair for assurance and advisory business services, said Santenac
would be a key force in driving assurance initiatives around the
world. “In particular, her focus on IFRS is important as, with
moves towards adoption in the US, IFRS looks like becoming the
first truly global accounting framework,” he said. Santenac joined
E&Y France in 2002 and was most recently the firm’s banking and
capital markets leader and joint leader of its financial services
office in Paris.

STRATEGY
IGAF announces new alliance

IGAF Worldwide has announced a new alliance
partnership with Axcient, a US-based provider of secure enterprise
class data backup, archiving and disaster recovery solutions for
SMEs. Axcient’s products include an on-site, disc-based appliance
that uses a firm’s internal wide area network to back up its
desktops and servers at frequencies specified by firm personnel.
Commenting on the partnership, IGAF executive director Kevin Mead
said: “In today’s business environment, loss of data – or simple
loss of access to data – can create significant issues with client
satisfaction and trust.”