OREANDA-NEWS. We are pleased to announce that Ernst & Young’s practices in Romania and Moldova will have a new Country Leader effective from 1 July 2011. Mr. Bogdan Ion will take over from Mrs. Camelia Horlaci who has held this position since 2005.

Mr. Bogdan Ion has 15 years of professional experience in audit, transaction services and financial consulting. Mr. Ion has coordinated large projects in sectors such as power & utilities, oil & gas, pharmaceutical and retail, for multinational companies as well as for local entrepreneurial businesses.

Mrs. Camelia Horlaci will continue with Ernst & Young Romania as a Senior Partner, leading the team dealing with public sector, focusing on EU funded projects.

Philip Hourquebie, Managing Partner, Ernst & Young Central and Southeast Europe says: “I would like to thank Mrs. Camelia Horlaci for her contribution in building Ernst & Young with the support of 450 experienced professionals. With the endorsement of our global firm and the distinct advantages that our integrated EMEIA structure offers to our clients and our people, we are confident that Mr. Bogdan Ion will further advance Ernst & Young’s successes in the market”.

Ernst & Young’s Moldova practice is an important and integral part of Ernst & Young Central and Southeast Europe, which comprises over 5,500 people in 20 countries, including Romania, Czech Republic, Greece, Hungary, Poland, and Turkey.

About Ernst & Young
Ernst & Young is one of the world's leading professional services firms with approximately 141,000 employees in 700 offices across 140 countries. With year 2010 revenues at approximately \\$21.3 billion, our globally integrated network and vast resources allow us to help our clients benefit from every opportunity. In Moldova, Ernst & Young has been a leader on the professional services market since its set up in 2001. Our professionals provide seamless assurance, tax, transactions, and advisory services to clients ranging from multinationals to local companies. For more information, please visit www.ey.com.