Originally posted on EY.com
- Pia Jurhar from Switzerland and Srishti Bhandari from India awarded second and third prize respectively
- Annual competition aims to improve diversity and attract more women to a career in corporate finance
- Record number of participants from across the globe competed in this year’s competition
Jie Hui Tan from Singapore has been named the EY Corporate Finance Woman of the Year 2020 winner. The competition, now in its third year, is part of an EY Transaction Advisory Services (TAS) initiative across the globe to attract the next generation of exceptional female talent to a career in corporate finance.
Jie Hui will participate in a 30-day multilocation internship working in close conjunction with EY mentors and EY TAS teams to further develop her client, business, teaming and personal leadership skills. Pia Jurhar from Switzerland and Srishti Bhandari from India were awarded second and third place respectively and will embark on a 12-month mentorship program with experienced female partners.
This year’s competition saw a record number of more than 2,000 applicants and 228 participants from a total of 23 EY offices from around the world take part, with country winners traveling to Rome to compete in the global final. Throughout the competition, finalists focus not only on gaining technical insights, but also on developing broader skills, such as business acumen, inclusive leadership and teaming, communication and influence, problem solving and entrepreneurship.
In addition, global finalists undertook a real-life M&A challenge in collaboration with Snam, one of the world’s leading energy infrastructure companies. The challenge provided them with exposure to the world of corporate finance.
Steve Krouskos, EY Global Vice Chair – Transaction Advisory Services, said:
“It is critical that we encourage more women to enter the world of transactions. What we see every day at EY, and what clients tell us, is that diverse perspectives and experiences are hugely important when it comes to deal-making and delivering long-term value.
“Each finalist demonstrated very impressive skills and talent. Jie Hui is a well-deserving winner having demonstrated attributes that are key for a career in corporate finance. Jie Hui stood out throughout for her strong leadership skills, as well as her ability to take initiative and propose creative ideas.”
Jie Hui Tan, EY Corporate Finance Woman of the Year 2020, said:
“During my time in this competition, I have developed a strong understanding of the deal- making world, the opportunities it can afford me and the positive impact I can make. I’m honored to have been chosen among such an exceptionally talented group and I look forward to starting my internship at EY.”
Building the future talent pipeline today
The EY Global Capital Confidence Barometer, a biannual survey of more than 2,900 senior executives across 47 countries, found that almost two-thirds of respondents (61%) are experiencing difficulties securing the right skills and talent.
Graeme Browning, EY Global Talent Leader – Transaction Advisory Services, said:
“At a time when talent is in short-supply, the competition provides female transactions advisors of tomorrow with invaluable insights into the world of corporate finance. In the bid to develop exceptional female talent, both for clients and EY TAS, candidates gain hands-on experience and a lifelong network of mentors.”
Competition leads to increased female hires
Since the competition began three years ago, EY TAS has seen a steady increase in the number of entry-level female hires.
Julie Hood, EY Global Deputy Vice Chair – Transaction Advisory Services, said:
“I am incredibly proud to see the number of talented women looking to start a career in corporate finance with EY TAS steadily growing. In our efforts to demystify the world of deal-making, we have taken practical steps to broaden and diversify the EY talent pool and in doing so better help EY clients. As EY Corporate Finance Woman of the Year continues to grow from strength to strength, I look forward to welcoming another cohort of high-performing talent to the competition in 2021.”
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