Ernst & Young has appointed Brussels-based partner Jeremy Jennings as
head of the firm’s regulatory and public policy activities across Europe, the
Middle East, India and Africa (EMEIA).
Jennings, who joined E&Y in 2002, is currently also chairman of the
European Contact Group, a grouping of the six largest accounting firms who meet
regularly to confer common positions on public policy affecting the firms.
He is familiar with networking roles – as he currently serves as
vice-president and treasurer of the Council of British Chambers of Commerce in
Europe – and will continue to build relationships with EU institutions in
Brussels but will extend his focus to the broader international regulatory
community in the EMEIA region.
Jennings’ role comes at a time in which the profession faces challenges
around implementation of the EU Statutory Audit Directive as well as ongoing
discussions aimed at achieving a limited liability regime for auditors, and the
introduction of independent auditor oversight.
‘My team and I are looking forward to continuing EY leadership in working
closely with regulators and policy makers in Brussels and across the EMEIA area
on agreeing solutions to these challenges, to help support the continued
vibrancy and relevance of the accounting profession to the global capital
markets,’ said Jennings.