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Barbara O’Neill joins EYs leadership team

Barbara O’Neill joins EY's leadership team

EY has announced plans to invest US$1 billion in new technology solutions, client services, innovation and the EY ecosystem over the next two financial years. This move is part of an ongoing strategy to provide clients and people with innovative offerings using the latest disruptive technologies.

The new US$1b funding is in addition to the existing, significant annual technology investment. The investment will be used to create new technology-based services and solutions in areas such as financial services, cyber, risk management, managed services, software services as well as digital tax and audit services.

EY recruit women to the leadership team

Additionally, EY has appointed colleagues to its leadership team alongside Barbara O’Neill, Global Chief Information & Security Officer (CISO). As the global CISO, Barbara provides strategic direction for all matters relating to Information Security. EY leaders bring significant industry and technology skills and help drive the EY digital transformation and innovation agenda. The new leadership team appointments complement EY's existing investments in innovation including their global artificial intelligence (AI) and Blockchain labs.

Mark Weinberger, EY Global Chairman and CEO, says: “In this transformative age, businesses and governments are under significant pressure to not only keep pace but get ahead of the vast disruption and technological change. We see enormous opportunities in helping clients address these challenges and stay ahead of the technology curve. With this investment and expanded technology leadership team, EY will help businesses navigate industry disruption to realize their growth potential.”

Mark adds, “Over the past year we have initiated, pioneered and launched a number of innovative services such as the use of blockchain in marine insurance and in the automation and payment of royalties and the piloting of the use of drones in inventory observations. We have also made big technological improvements to existing offerings such as those in audit and tax. These new investments allow us to build on our strong IT capabilities and invest even more in client and market solutions.”

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