Ernst & Young Global Chairman & CEO James S. Turley Keynotes ALPFA Convention Scholarship Luncheon & Joins in Event Activities to Support Latino Advancement

New York,14August 2012 Reinforcing his belief in the importance of executive commitment to diversity and inclusiveness, Ernst & Young’s Global Chairman and CEO Jim Turley is the highest-ranking industry leader speaking at the 2012 ALPFA (Association of Latino Professionals in Finance and Accounting) Convention. This year’s event takes place Aug. 11-16 in Las Vegas with the theme, “Shining the Light on 40 Years of Latino Leadership.”

“We know that diversity and inclusiveness are integral to driving superior business results. Our differences make us stronger and that’s one of the many reasons we’re proud to support Latino advancement and the next generation of Latino leaders at the 2012 ALPFA Convention,” said Turley.

On Aug. 14, Turley will address nearly 3,000 students and professionals during his keynote at the firm-sponsored ALPFA Scholarship Luncheon, recognizing students for their achievements and representing Ernst & Young LLP, which is giving $25,000 total in scholarships to benefit Latino students. This year’s winners include Patricia Guerra, recipient of a $10,000 scholarship, and Ashlee Henriquez, Eric Alvarez and Erika Arce, each recipients of a $5,000 scholarship.

“My family and I are very appreciative of the scholarship and EY’s willingness to invest in Latino students striving to become business leaders,” said Patricia Guerra, the top scholarship recipient. “And it’s a once in a lifetime opportunity for a student to be recognized by a global CEO.”

Ernst & Young LLP also hosted the Student Leaders Program on Monday, Aug. 13, for all 45 scholarship recipients to help them develop self awareness and leadership skills, and enable them to network with Ernst & Young professionals.

“The ALPFA Convention convenes nearly 3,000 participants and 100 companies that recognize the need to identify and advance Latinos capable of leading in our evolving global marketplace,” said ALPFA CEO Manuel Espinoza. “Ernst & Young’s history of supporting ALPFA from sponsoring activities to engaging its highest-ranking global executive showcases the commitment required to develop these Latino leaders.”

Since its inception, the Ernst & Young organization has supported ALPFA, the premier business organization expanding opportunities for Latino leadership in the global marketplace. During its 40th Annual National Convention, Ernst & Young LLP is serving as a Host Sponsor, presenting during conference sessions, sponsoring a variety of activities, and sending more than 100 Ernst & Young professionals to attend the Convention and development sessions with Turley.

Other key Ernst & Young organization leaders in attendance include Americas Inclusiveness Officer Karyn Twaronite and ALPFA Corporate Advisory Board members Ken Bouyer, Americas Director of Inclusiveness Recruiting, and Oscar Suarez, Florida Market Leader for Ernst & Young LLP. They will be joined by Hector Tundidor, Jr., Partner, Office Managing Partner and Florida Transaction Advisory Services Leader, Miami, Ernst & Young LLP, as well as nearly 25 other Latino partners from the US firm.

Ernst & Young initiatives benefitting Latinos

Ernst & Young’s commitment to Latino advancement begins with building a pipeline of professionals qualified to ultimately join EY. Its inclusiveness recruiting programs largely start with attracting Latino, African-American and Native American high school students to attend college and work in the professional services industry.

To reach Latino and other ethnic minority students once on college campuses, EY offers its new Launch Program educating freshmen, sophomores and transfer students about what it takes to be successful in college and building further awareness of industry opportunities.

Asannounced in January 2012, other campus-focused events aiming to increase the pipeline of diverse talent in the US and their results this year include: Discover Ernst & Young, reaching nearly 150 ethnically diverse students from more than 70 campuses; and the Campus Diversity and Inclusiveness Roundtable, gathering 35 faculty and university administrators from 15 schools.

Lastly, once Latinos and other ethnic minorities are working within EY, they can benefit from the following programs Ernst & Young LLP has recently launched or expanded:

Launch Internship This multi-year program, previously called the Horizon Internship Program, focuses on Latinos and other underrepresented ethnic minority students who are accounting majors two or more years from graduation. Interns attend training sessions that introduce them to the firm’s business, culture and advanced technology and tools. This summer, Ernst & Young LLP increased the number of participants from 165 to more than 200, resulting in an estimated 100 Latino Launch Interns to date. Many students who receive Launch Internships also attended the Launch Program and Discover Ernst & Young.

EY Unplugged In November 2011, the US firm piloted this two-day program in Dallas for all US entry-level Latino staff. Participants receive candid, “unplugged” advice from top Latino performers, partners and mentors about what it takes to be successful at the firm. A separate event was held in New York City for African-American entry-level staff.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

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Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

This news release has been issued by Ernst & Young LLP, a member firm of Ernst & Young Global Limited that provides professional services to clients in the US.

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