Key appointments in the world of finance are always big news, and one such came about today after it was announced that Edoardo Battista Ancora has decided to join Luxembourg based BDO Advisory. Ancora is well known for his experience in both financial advisory services and in corporate finance, which is why the appointment makes perfect sense for BDO Advisory. Ancora had been employed by Mazars, which is a rival of BDO but not of the same size. At Mazars, Ancora had been the chief of the Financial Advisory Services arm of the company for a short while.
However, it should be noted that Ancora has extensive experience across a wide range of big-ticket companies. The Italian origin executive had two stints at Ernst & Young, which totaled 11 years to go with another two stints at Deloitte that totaled 3 years. The vast experience with two of the big four consultancy firms must have been a huge plus in his CV when it came to making the final decision. He had started his career in Milan and had worked with two consultancy firms in the city that were involved in the financial consulting business. Since then, he has gone places and become a respected name in the industry among head hunters.
In addition to his impressive, his accomplishments as a professional must have also been a big factor. According to reports, Ancora has completed as many as 500 engagements with regards to corporate finance, and such an accomplishment is surely going to tilt the scales in his favor. After being appointed in his new role by BDO, Ancora spoke about the appointment and thanked the company as well. He said,
I thank BDO for having given me the opportunity of being part of a team of top-tier professionals.
BDO was founded back in 1950 and currently has 26 partners.