EY names South Africa finalist, Karl Frenzel, Young Tax Professional of the Year 2016

Amsterdam, 30 November 2016

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  • Karl competed against representatives from 28 countries at the global final in Amsterdam
  • Winner to embark on a 30-day global tour of EY Tax practices

South Africa finalist, Karl Frenzel, has been awarded this year’s Young Tax Professional of the Year title at the global final held in Amsterdam. Karl was picked from among the 28 country winners vying for the title. Karl will now gain hands-on experience at EY offices in London, New York and Hong Kong as part of a 30-day global tour, and will have the opportunity to network with some of the world’s leading tax professionals.

US representative, Tetiana Polonska, took second prize, a 10-day visit to one of EY’s Area Tax Centers, while Jakob Kofoed Larsen of Denmark was awarded third prize, an invitation to participate in an EY international client conference where he will have the opportunity to explore the most pertinent issues facing the global business community. The Dibout Inclusive Leadership Award went to Samantha van den Hoek from the Netherlands, voted for by her peers for demonstrating exemplary leadership skills during the competition.

Young Tax Professional of the Year was established by EY in 2010 to reward and foster the next generation of tax leaders. All competitors are selected in their home countries by EY in collaboration with local universities and finalists hold their respective home country titles.

Now with the highest number of participants since the event began, this year saw candidates from the 28 represented countries convene to participate in technical workshops, case studies and interviews before a judging panel, which included EY leaders, academics and tax directors from major multinational companies.

Susan Pitter, Young Tax Professional of the Year sponsor and EY EMEIA Deputy Tax Services Leader, says:
“With the role of the tax function changing at such a fast pace due to disruptive forces including globalization and digitization, businesses increasingly require tax professionals with a much broader range of skills than ever before. The war for talent has never been fiercer. Here at EY, we strongly believe in promoting the emergence of new talent in this new tax landscape.

“With more competitors than ever before, the Young Tax Professional of the Year experience can offer a global opportunity for the next generation of professionals to shine. We hope all of the 2016 country winners will be motivated to go on to be the future leaders of our profession.”

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Notes to Editors

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About Young Tax Professional of the Year
Young Tax Professional of the Year is a global competition in which young and successful students, graduates and professionals are selected in countries across the world to participate and demonstrate their tax technical, professional and inclusive leadership skills at an international final.