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Ernst & Young opens office in Jaffna

Ernst & Young, in collaboration with M. Rajanayagam & Co, established an office in Jaffna to provide services to its clients and to facilitate the economic development of Jaffna and the northern region.

A soft opening of the office was held on January 21 by Jaffna University Vice-Chancellor N. Shanmugalin-gan in the presence of Ernst & Young Country Managing Partner Asite Talwatte, M. Rajanayagam, Partner of Rajanayagam & Co, and other distinguished guests.

Asite Talwatte stated in his opening remarks that Jaffna was the business hub in the Northern Province and contributed to the country‚Äôs economy through agriculture, fisheries, trade and industry which activities were restricted over the past several decades and which are now poised to return to its full potential with all the leading banks, corporates and non-governmental organizations establishing a presence in the region.  

He said Ernst & Young is committed to be a part of this process of economic revival and economic development by offering accounting, audit, tax, corporate finance and advisory services in Jaffna.

Rajanayagam, addressing the audience, said the services of Ernst & Young will be invaluable to clients in Jaffna and will play a catalyst role in the Economic and Business growth in the northern region.

Ernst & Young is a global, multidisciplinary professional services organization with presence in over 700 locations in 140 countries.

The firm is a global leader in tax, transaction, advisory and assurance services with revenues exceeding US$ 24.5 billion.

Ernst & Young is built on the knowledge base of over 130,000 personnel, across the globe providing unmatched depth and variety of specialized services.

It comprises strong national partnerships working under common goals and governance with a single global strategy, code of practice and communications platform.

The Sri Lanka office has been in existence for over a century and has 16 partners and over 500 people and has five regional offices within Sri Lanka in addition to an office in Maldives and has made a significant contribution to the professional development in the country and has played a catalyst role in the economic development.

As a leading professional services firm in the country Ernst & Young works with small industrialists to public companies, multinationals, large state sector organizations, as well as with International Funding Agencies such as ADB, IFC and the World Bank.

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