Contact: Jeffrey Zack
Deloitte Services LP
+1 212 492-4755
New York, September 9, 2004 — Deloitte Touche Tohmatsu, the global professional services organization, announced today that Emerging Markets Group Ltd. ("EMG"), previously called Deloitte Touche Tohmatsu Emerging Markets Ltd., is now an independent firm associated with Deloitte Touche Tohmatsu. EMG, an international development consulting firm, is owned and operated by its former management. EMG provides international development consulting services in the areas of health, utilities, agribusiness, finance, private sector development and public sector reform to international donor agencies and sovereign governments.
William G. Parrett, Deloitte Touche Tohmatsu's global Chief Executive Officer, said, "Many of Deloitte Touche Tohmatsu's member firms have worked closely with EMG's founding partners, Robert McPhail and Richard Andrews, for over twenty years and we look forward to continued cooperation with the new executive team at EMG."
Rick Andrews, former managing director of EMG, said, "I am delighted to announce that Margaret (Andy) Dijkerman will be my successor as Chief Executive Officer of EMG and Teresa Mastrangelo will assume the position of the Chairperson of the Board. We would like to thank the Deloitte Touche Tohmatsu management team for its support and we look forward to working closely with Deloitte Touche Tohmatsu's member firms around the world. We will carry on our 20-year tradition of delivering excellence in international development consulting to our clients."
The new owners of EMG include Andy Dijkerman, Teresa Mastrangelo, Anthony Sinclair, Rick Andrews and Robin McPhail.
Andy Dijkerman, EMG's CEO said, "EMG will continue to bring fresh ideas to development challenges around the globe. Our mission is to apply our business expertise to promote sustainable development and improve peoples' lives."
About the Emerging Markets Group Ltd.
Emerging Markets Group (http://www.emergingmarketsgroup.com) is an integrated development consulting firm that provides services to international donor agencies and sovereign governments. EMG offers innovative solutions in financial services, private sector development, agribusiness, trade, infrastructure, health care, sustainable tourism and public sector reform. Through our corporate offices in Brussels, London and Washington D.C., and project offices around the world, our professionals embody an uncompromising commitment to professional excellence and development impact.
About Deloitte Touche Tohmatsu
Deloitte Touche Tohmatsu is an organization of member firms devoted to excellence in providing professional services and advice. We are focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of 120,000 people worldwide, our member firms (including their affiliates) deliver services in four professional areas: audit, tax, consulting, and financial advisory services. Our member firms serve over one-half of the world’s largest companies, as well as large national enterprises, public institutions, and successful, fast-growing global growth companies.
Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. The services described herein are provided by the member firms and not by the Deloitte Touche Tohmatsu Verein. For regulatory and other reasons certain member firms do not provide services in all four professional areas.
