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Mazars launches financial services entity

Oct 25 2019 14:56

Global audit and advisory firm, Mazars has launched a practice to offer skills and consulting services to businesses in the financial sector.

Mazars Financial Services Africa is headed by Riaan Eksteen and George Ellis.

Before joining Mazars, Eksteen was a partner with Deloitte and spent 13 years with the Deloitte Financial Services Team. Ellis spent nine years with Deloitte and nine years at Absa.

Mazars co-CEO, Anoop Ninan, explains that financial services companies are changing the way they operate.

"Business has progressed from long-range planning and static workforce requirements to quick implementation of projects and a dynamic, agile workforce," says Ninan.

"This is particularly true for South African financial services companies who need to manage digital disruption."

According to the Digital Vortex 2019 study, financial services is one of the five industries that are most vulnerable to digital disruption.

This means that companies in this sector need to respond rapidly to change and work quickly to implement new ideas.

"Skills shortages and the war for talent are very real and many companies in the financial sector are finding it difficult to hire the right professionals when and where they need them," Ninan says.

mazars  |  financial services


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