Local leader - global impact: Didier Mouget re-elected to PwC Global Board

Press release, June 4, 2009

Press release, June 4, 2009

Local leader - global impact: Didier Mouget re-elected to
PwC Global Board.

PricewaterhouseCoopers Luxembourg with more than 1800 people is one of the largest private employer in Luxembourg and the leading audit, tax and consulting firm. Its Managing Partner, Didier Mouget, has been re-elected to the PwC International Global Board which ensures accountability, protect the PwC international network and ensures effective governance of the international network.

The 18 members of the Board are elected by the 8600 PwC member firms Partners.
Didier Mouget, who was first elected in March 2005, takes-up this second four-year term on the Global Board at a key time. In October last year, the leading international firm made some important changes to the organisational structure of its network.

In a move which surprised many observers, PwC confirmed the locally owned Partnership model nature of its network and at the same time implemented a significant number of new provisions designed to further streamline and reinforce the delivery of services to its global clients ; the most prestigious global firms around the globe.

This structure provides PwC firms with the flexibility to operate simultaneously as the most local and the most global of businesses. As a direct result, it is able to serve a broad range of clients: large, publicy-listed multinationals; small, private, domestic companies; and almost everything in between.

Didier Mouget said, “I am proud to have been confirmed this international responsibility at this time, and am grateful for the opportunity it brings to continue to keep the Grand Duchy on the international “radar”. I see my re-election, as recognition of the importance of Luxembourg in the global business community and of the performance of the Luxembourg firm which is confirmed by the important responsibilities carried out by Luxembourg Partners at the global level”.

Indeed Didier Mouget is not the only Partner of PwC Luxembourg to hold an international function – Between others, Marc Saluzzi is Global Investment Management Leader and Kees Hage holds the position of Global Real Estate Leader – proof of the importance of the Luxembourg firm in the network.

In addition to a new Global Board, the new international structure has also been appointed a new Global Chairman in the shape Dennis Nally, who succeeds Sam DiPiazza who is retiring after 35 years with the firm. Mr Nally has been leading the US firm since 2002.

Didier Mouget added that, “As a Luxembourg independently owned and run firm, our strategy will be to reinforce our efforts to promote the image of Luxembourg abroad and attract international investors and to make management decisions (including our strategy) with a long term and local development objectives”.