EY promotes Oceania Wealth & Asset Management leader
Rita Da Silva, a compliance partner with EY, will take on a leadership role for the organisation's wealth and asset management operations across Australia and New Zealand. This includes more than 400 wealth and asset management professionals who support a variety of clients and industries.
Da Silva first joined EY in 2002 and presently provides assurance, compliance, and advisory services to fund managers and large boutique firms. Before joining EY, she spent more than a decade with Arthur Andersen.
EY Oceania financial services leader, Graeme McKenzie, said that he was delighted with the appointment. "Her previous experience means she is well-placed to lead the teams of EY wealth and asset management professionals across Australia and New Zealand as they work with clients to address the key challenges and opportunities they face in a rapidly evolving and digitizing environment."
Da Silva replaces Antoinette Elias, who has moved into the EY Oceania financial services tax leader role.
"This is a particularly exciting time to be working in the wealth and asset management sector," Da Silva said. "Both locally and globally, new entrants and non-traditional providers are making an impact on the market, as customers look for more innovative wealth management solutions that are tailored to meet their evolving needs. In response, traditional wealth managers are starting to re-evaluate their offerings and redefine how they provide financial advice in a way that better addresses clients’ needs and expectations. To succeed, operating and distributions models will need to be transformed."
Oceania Weatlh and Asset Management Leader