Press release

24 Mar 2020

Appointment of new EY Oceania Wealth and Asset Management Leader

EY has announced the appointment of Rita Da Silva as the new EY Oceania Wealth and Asset Management Leader.

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EY Oceania

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EY today announced the appointment of Rita Da Silva as the new EY Oceania Wealth and Asset Management Leader, effective 1 April.

In this role, Rita will be responsible for leading EY teams of more than 400 wealth and asset management professionals across Australia and New Zealand as they work with clients and the industry across a broad range of services.

Rita has over 30 years’ experience in financial services assurance and advisory services, particularly in the wealth and asset management sector. Based in Sydney, Rita has provided assurance, compliance and advisory services to many of Australia’s largest fund managers and leading boutique firms. She has advised clients on a wide range of critical business areas including IPO processes, acquisitions, restructures, new products, pre and post systems implementation reviews, risk framework assessments, legal entity rationalizations, capital assessments and industry benchmarking.

Rita will succeed previous Wealth and Asset Management Leader Antoinette Elias, who is moving into the EY Oceania Financial Services Tax Leader role.

EY Oceania Financial Services Leader, Graeme McKenzie said, “I am delighted to announce Rita’s appointment as the new EY Oceania Wealth and Asset Management Leader. 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.”

Rita is a regular presenter on compliance-related matters at key industry forums and is also passionate about diversity and social issues, being a member of both the EY Purpose and Corporate Responsibility Council and EY Foundation as well as having been part of several of the organisation’s gender-diversity initiatives. Rita has also had a particular focus on the exchange traded funds (ETF) sector and its development in Australia.

“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.”

“I look forward to leading the EY team in order to help our clients continue to grow as they navigate this new environment and prepare for the next wave of change in the sector.”