Audit firm launches Financial Services entity to offer skills on demand
03 October 2019: Global audit and advisory firm, Mazars has launched a practice to offer skills and consulting services to businesses in the financial sector. The newly established Mazars Financial Services Africa is geared towards assisting companies to meet the challenges of an evolving market.
Headed by industry veterans, Riaan Eksteen and George Ellis, Mazars Financial Services Africa will offer senior professional skills on-demand to financial services companies. Each brings over 20 years’ experience in financial services to the table. Before joining Mazars, Eksteen was a partner with Deloitte and spent 13 years with the Deloitte Financial Services Team. Ellis also spent nine years with Deloitte and nine years at Absa.
Mazars Co-CEO, Anoop Ninan, explains that financial services companies are changing the way they operate. “Business has progressed from long-range planning and static workforce requirements to quick implementation of projects and a dynamic, agile workforce.”
This is particularly true for South African financial services companies who need to manage digital disruption. According to the Digital Vortex 2019 study, financial services is one of the five industries that are most vulnerable to digital disruption. This means that companies in this sector need to respond rapidly to change and work quickly to implement new ideas. Read more on Accounting Weekly.