EY, the leading global professional services organization has appointed Marita Maier as head of its French and German Business Desks in India.
Marita, till recently an EY Partner in Paris, now joins in EY’s Mumbai office, taking responsibility for further strengthening engagement with French and German business organizations operating in India.
“Marita brings with her a wealth of experience of advising leading business organizations in Europe as senior EY transactions professional for over 20 years. With significant FDI from Germany and France, her presence will add greatly to how we can offer a seamless service proposition to our French and German clients in India,” says Farokh Balsara, Partner and National Markets Leader, EY India
EY’s latest 2014 India Attractiveness Survey released at Davos recently brought out that more than half of the 500+ respondents are keen to expand/enter India, with the majority seeking to tap the potential of the domestic market with manufacturing/services directed for the local market. The report also highlights that between 2007 and 2012, Western Europe was the single-highest region contributing to FDI, with a 40% share in 2012 alone. While UK and Germany have been the most prominent European investors, other countries, including France, Italy Switzerland are also significantly ramping up their investments in India.
While EY in India has had dedicated French and German Desks for over a decade, Marita’s presence will give the initiative a further boost. She will be part of a network of EY’s French and German Desks in countries across the world. Quote from Marita, “Helping our clients succeed in the emerging markets is a key aspect of EY’s vision for 2020. I am delighted to move to India to help French and German companies here.”
Marita will also play a role in strengthening EY’s diversity and inclusiveness agenda with a view to bringing together many different skills, experiences and perspectives of people from across the global organization.
Prior to moving to India, Marita worked as a Partner with the Transaction Advisory Services in France, where she has spent a major part of her career, advising clients on strategic cross-border and domestic alliances. Marita joined EY’s Assurance practice in 1984 and has led large engagements with a clientele spanning across sectors, including aerospace and defense, industrial products and media and entertainment. Her continuing career with EY has seen her work across senior leadership roles for EY, including COO and People Leader for the Transactions Practice for EY’s EMEIA Area.