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Ernst & Young Schweiz

Expansion of Ernst & Young's Management Committee

Zürich (ots)

Ernst & Young Switzerland strengthens its management team. Markus Schweizer and Marcel Stalder were elected to the Management Committee of the audit and advisory firm as of July 1, 2012.

ZURICH, SEPTEMBER 4, 2012 - Markus Schweizer and Marcel Stalder, the new members of the Management Committee, both occupy leading positions in the Advisory Services division. The appointments underline the increasing importance of Advisory Services within Ernst & Young.

Markus Schweizer (45) is Managing Partner of Advisory Services for Germany, Switzerland and Austria (GSA). He joined Ernst & Young as a partner in 2002 and has been a member of the management team of the GSA country organization since 2008. Prior to that, he built up the Accounts, Industries & Business Development area in Switzerland. Markus Schweizer has many years' experience of advising national and multinational companies and has acquired functional expertise in the areas of Corporate Governance, Risk Management and Audit.

As head of the Insurance and Financial Services Advisory Switzerland areas, Marcel Stalder (42) will reinforce Ernst & Young's Management Committee. In the Europe, Middle East, India and Africa market region, he is a member of the management team in the Insurance and Financial Services Risk sectors. Marcel Stalder has worked at Ernst &Young since 1996 and has acquired extensive experience of the financial sector in Switzerland and the US. He headed up projects at national and international listed companies and, in particular, led complex advisory mandates such as the introduction of governance, risk management and control systems. Marcel Stalder has been a partner at Ernst & Young since 2005.

"I am pleased that we are able to strengthen our Management Committee with Markus Schweizer and Marcel Stalder, two proven experts from the Advisory area. The need for advisory services is growing in the current economic environment. These two additional voices in the leadership team will allow us to take advantage of new market opportunities even more systematically and so further strengthen Ernst & Young's market position", said Bruno Chiomento, CEO of Ernst & Young Switzerland.

Contact:

Simone Isermann
Ernst & Young
Media Relations
Tel.: +41 (0) 58 286 35 97
simone.isermann@ch.ey.com

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