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News from Members Vargha Moayed Takes Over the Advisory Leadership at EY Romania

Vargha Moayed Takes Over the Advisory Leadership at EY Romania

by EY February 2, 2016

Website www.ey.com

Vargha Moayed joined EY Romania to lead the local Advisory Services practice, taking over from Saulius Adomaitis, EY Advisory Markets Leader for Central and Southeast Europe.
Vargha is a Canadian citizen and has over 20 years of experience in management consulting, working across continents, in the US, Canada and France. Among the high-profile projects he has worked on is leading a pan-European high-tech incubator, financed by Goldman Sachs in Paris, or working with Ipanema Technologies to rebuild the company’s marketing and sales functions.

“It is a great challenge for me to take this assignment in Romania, because I can build on the experience gained in advisory projects coordinated around the world. I have worked on assignments in Eastern Europe during the past 10 years and I have seen first-hand the potential this market has. I am, therefore, energized by the opportunity to further develop the Advisory practice at EY Romania”, explains Vargha Moayed.

Vargha holds a Bachelor degree in Commerce from the Ecole Superieure de Commerce de Montpellier and a Master degree in Business Administration from The Wharton School at the University of Pennsylvania.

“The Advisory market has diversified constantly during the recent years in Romania, reaching a higher level of sophistication of these services. Our Advisory Services practice has grown and consolidated over this time, winning major local clients and projects. In this context, I am confident that Vargha will contribute to further developing our Advisory Services practice and will successfully co-ordinate the multidisciplinary response to our clients’ complex needs.” says Bogdan Ion, Managing Partner EY Romania.

The EY Advisory team in Romania has now over 120 professionals, who are offering a large breadth of services backed by the entire EY network to local and international companies, from performance improvement, to risk management, and IT advisory. The Romanian Advisory team is leading in the market place in industries such as public sector, oil & gas, power & utilities and financial services.

About EY Romania
EY is one of the world's leading professional services firms with approximately cu 212.000 employees in 700 offices across 150 countries, and revenues of approximately $28,7 billion in the fiscal year that ended on June 30, 2014. Our network is the most integrated at global level and its vast resources allow us to help our clients benefit from every opportunity. In Romania, EY has been a leader on the professional services market since its set up in 1992. Our over 650 employees in Romania and Moldova provide seamless assurance, tax, transactions, and advisory services to clients ranging from multinationals to local companies. Our offices are based in Bucharest, Cluj-Napoca, Timisoara, Iasi and Chisinau. EY Romania is the most attractive employer in consultancy in the country, and the most sought after employer out of the Big4, according to studies conducted by Catalyst and Trendence 2015. For more information, please visit www.ey.com.

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