EY has appointed Herb Engert as Global Private Equity Leader, seeing him take charge of the firm's 5,000 advisors across its global network. He is tasked with navigating the firm's clients and offerings through disruptive times in the private equity space.
Herb Engert joined EY in 2002 as its Strategic Growth Markets Leader for the Americas, from Arthur Andersen. Engert was a Partner at the now defunct professional services firm, joining the company in 1989. Previously he spent a year at Wegmans Food Markets where he was an Operations Accounting Manager. At EY, Engert has held a variety of roles across its Transaction Advisory Services, Assurance and Advisory businesses.
Engert holds a Bachelor of Science in Accounting from St. John Fisher College and is a Certified Public Accountant in the states of MD, VA, NY and the District of Columbia.
The appointment sees Engert ascend to the role of Global Private Equity Leader, bringing his more than 25 years of experience in the industry to bear on the task of overseeing more than 5,000 professionals across the firm’s global network. The new role will require Engert to navigate a rapidly transforming landscape for private equity, as disruptive technologies create a host of new innovation and strategic challenges for the firm, and its clients.
Globally the private equity industry has seen years of solid growth, according to a report by Bain & Company, with as a result a relatively strong M&A appetite on the back of strong fundamentals and an abundance of 'dry powder' at corporates and investors.
Commenting on his new role at the accounting and consulting firm, Engert says, “I look forward to maintaining our outstanding client service and further elevating our brand in the marketplace by honing how we can help our clients strategically, as well as navigating an ever-shifting business landscape at a time of unprecedented change.”