EY plans to grow its strategy consulting practice to over 2,500 professionals by 2020, both organically and through continued acquisitions

LONDON, 7-11-2014 — /EuropaWire/ — EY is executing ambitious plans to grow its strategy consulting practice to over 2,500 professionals by 2020, both organically and through continued acquisitions. Its fast-growing consultancy business has made 11 acquisitions across the globe in the last year alone. Four of the acquisitions specifically boosted strategy consulting capabilities, helping the organization service its clients faster and better.

Jacques Mulder, who recently joined EY as the Global Advisory Industry & Market Strategy Leader, will guide a global team addressing industry and market challenges, helping clients improve business performance, find new sources of growth, and expand in today’s global market place. Mulder joins EY from Deloitte Consulting, where he was National Chief Strategy Officer for Life Sciences and Healthcare and Corporate Strategy Leader with responsibilities for global expansion in Africa, Asia, Europe and Latin America. Mulder brings proven experience in research and development, the commercialization of new products and services, and emerging business/revenue models.

Norman Lonergan, EY’s Global Vice Chair, Advisory, says:
“This year we announced revenue growth of over 14% and if we are to achieve our goal of being a US$15b, distinctive advisory business by 2020, we will continue to build momentum in our strategy consulting practice by attracting deep industry strategy leaders like Jacques and driving both organic and inorganic growth.”

Cheryl Grise, EY’s Global Advisory Strategy Leader, says:
“We are excited to welcome proven leaders like Jacques to help us on this journey and further demonstrate our commitment to exceptional client service. Over the next few years we will be looking to further boost our capabilities to advise companies on growth, particularly in emerging business disciplines that cross multiple industries.”

Jacques Mulder, EY’s Global Advisory Industry & Market Strategy Leader, says:
“EY has embarked on an ambitious growth journey and is explicit about its aspirations to grow and tackle big industry and market issues head on. Our clients are facing unprecedented competitive pressures and drastic change in every industry. The rapid convergence of industries, technologies and increased consumerism could mean we are heading for a perfect storm, which will require an approach to influence the entire ecosystem in ways like never before. I look forward to leading this global team, partnering with our clients and solving some of the largest and most complex market and industry challenges.”

EY’s global advisory strategy group provides problem-solving capability and issues-based consulting skills in three business areas — Innovation & Digital Enterprise Strategy, Strategic Transformation, and the group Mulder is set to lead, Industry & Market Strategy. It has been named a leader in this year’s IDC MarketScape: Worldwide Strategy Consulting Services 2014 Vendor Analysis. According to the IDC MarketScape, EY is seen as the most capable of all organizations at delivering value-creating innovation.

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Notes to editors

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Gregor Ridley
EY Global Media Relations
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