Accounting firm Ernst & Young (EY) has appointed its very own Assurance Service Division Team Leader Nancy Muhoya Ng’ang’a as its first female Regional Chief Executive.
The appointment will see Ms. Muhoya take over from Gitahi Gachahi who is leaving the accounting firm next year after 30 years in the company’s corner office. Mr Gachahi took over from former Mumias Sugar boss Coutts Otolo, who left the company to set up his own auditing and accounting firm — Parker Randall Eastern Africa.
“I am proud to announce the appointment of Nancy Muhoya Ng’ang’a as the leader of EY East Africa and the Kenya country managing partner. She goes down in record as the first female cluster leader to be appointed in EY Africa,” said the outgoing boss Gitahi Gachahi in a statement.
Mr. Gitahi similarly underscored that the success of the company’s Assurance business under Ms. Muhoya’s leadership was proof that she could handle her new position and responsibilities.
“The growth of our assurance business has been phenomenal under the leadership of Nancy. With her experience, business acumen, exposure and global mind set, our business is poised for a take-off to the next level,” added Mr Gachahi.
Prior to her appointment as EY’s regional boss, Ms. Muhoya worked for the company in various capacities over a period spanning 16 years. Ms. Muhoya is a Certified Public Accountant of Kenya and she boasts of having a Masters in Business Administration and a Bachelor of Commerce degree from the University of Nairobi.