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Alvarez & Marsal has announced it has expanded its tax advisory division.

Joining the Transaction Tax Practice of A&M Taxand in Atlanta is senior director, Cardell McKinstry, formerly of Deloitte & Touche, and director, Amanda Starr, previously with Ernst & Young.

Mr. McKinstry focuses on advising financial and strategic clients on the tax aspects and structuring of taxable and tax-free transactions. These include mergers and acquisitions, dispositions, restructurings, leveraged buy-outs and recapitalizations. Prior to joining A&M, Mr. McKinstry was a senior manager with the mergers and acquisitions transaction services group at Deloitte & Touche.

Mr. McKinstry holds a bachelor’s degree in accounting and a master’s degree in taxation from the University of Alabama. He is a licensed Certified Public Accountant (CPA) in Texas and Georgia and a member of the American Institute of Certified Public Accountants (AICPA).

Ms. Starr advises multi-state clients on various state and local tax matters, including income / franchise, sales and use, property and payroll taxes. She also has experience in identifying abandoned and unclaimed property issues for clients. Prior to joining A&M, Ms. Starr was a manager with the transaction advisory group of Ernst & Young. Earlier, she was with the sales and use tax group of Ryan & Company.

Ms. Starr earned a bachelor’s degree in business administration, magna cum laude, with a concentration in accounting, from Lincoln Memorial University in Tennessee. She is a Certified Member of the Institute (CMI) and a member of the Institute for Professionals in Taxation (IPT).

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Albemarle, an innovative leader in the global specialty chemicals market, recently announced that

Richard G. Fishman has been promoted to Vice President, Treasurer and Chief Tax Counsel, effective immediately. Most recently, Mr. Fishman served as Vice President, Tax and Chief Tax Counsel.

In his new role, Mr. Fishman will have added responsibility for the company’s global treasury strategy including cash management, financial risk management and foreign exchange and credit oversight. He will continue to report toAs an attorney and certified public accountant with over thirty years experience, Mr. Fishman has an extensive background in managing complex domestic and international tax issues including the development, implementation and integration of strategic tax policies surrounding corporate mergers, acquisitions and dispositions. Since arriving at Albemarle in 2006, Mr. Fishman has effectively managed the company’s global tax planning and accounting activities resulting in improved processes and sustainable contributions to corporate performance.

Mr. Fishman holds a Master of Law (in taxation) degree from New York University’s School of Law. He received his Juris Doctorate from Yale University’s Law School and also holds a Bachelor of Arts degree in economics from Rutgers College. Mr. Fishman is based at the company’s headquarters in Baton Rouge, Louisiana.

About Albemarle Corporation

Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a leading global developer, manufacturer and marketer of highly engineered specialty chemicals for consumer electronics; petroleum and petrochemical processing; transportation and industrial products; pharmaceuticals; agricultural products; and construction and packaging materials. The Company operates in three business segments — Polymer Additives, Catalysts and Fine Chemicals — and serves customers in approximately 100 countries. Learn more about Albemarle at: www.albemarle.com.

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Acupay System LLC, operator of an electronic system for expediting foreign tax relief for cross-border investors, today announced the appointment of William J. Salva as President.

Mr. Salva was previously director of tax product management for the United States central securities depository operated by The Depository Trust & Clearing Corporation (DTCC). According to its most recent published figures, the DTCC depository holds over $40 trillion of securities for investors worldwide, and processes over $3.8 trillion annually of dividends and other income payments. — Bill Salva commented, “In the past decade, when global markets were rising sharply, the multi-billion dollar loss of dividend income for U.S. investors has been under most experts’ ’radar screens’. Losses have been spread across more than 20 million small institutional and individual accounts. And those individuals and small institutions continue to bear the brunt of archaic paper based systems which block tax relief from reaching most investors. I’ve joined Acupay to capitalize on the firm’s impressive computer processing firepower – to mobilize that resource to help brokers, banks and investors who have been underserved, or unserved in the past.”

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Ola Salmén has been appointed CFO of Sandvik Group and member of Group Executive Management as of 1 September. He succeeds Per Nordberg, who will leave Sandvik for other opportunities. Ola Salmén is 54 years old and holds an MBA degree at Stockholm University. Currently he is CFO of Vin & Sprit AB. His previous experiences includes leading positions in Stora Financial Services, Handelsbanken Markets and Adcore.

“I would like to thank Per for his contribution to developing the financial processes within the Sandvik Group and wish him all the best going forward. Finally, I also want to welcome Ola to this position as CFO at Sandvik,” says Lars Pettersson, CEO of Sandvik.

Sandvik is a global industrial group with advanced products and world-leading positions in selected areas – tools for metal cutting, machinery and tools for rock excavation, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems. The Group had at the end of 2008 about 50,000 employees and representation in 130 countries, with annual sales of approximately SEK 93,000 M.

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KPMG’s office in East Anglia has hired Julie Steep as a Corporate Tax Director. She joins from Deloitte.

Greg Limb, a private client partner from KPMG Leeds has moved internally to the East Anglian region.

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Deloitte has appointed Jerry Gattegno as group leader – multi-state tax services in its US Corporate Taxes group in London.  Jerry joins from the Deloitte US firm where he was a senior partner and will be focusing on all areas of US state and local taxation across all industries and types of entity.

David Sproul, EMEA head of tax at Deloitte, said: “Jerry is one of the US Firm’s most senior multi-state tax specialists and we are delighted to welcome him to the UK Firm.  He brings 35 years of world class US state taxes expertise and made his name by founding the US firm’s state tax practice and growing it to the 1,000 person practice it is today.

“The United States Corporate Tax Services Group (USCTS) at Deloitte is the largest US international tax consulting team outside of the continental US.  Jerry’s appointment will add considerable expertise to our market-leading offering.”

Jerry Gattegno commented: “US state and local taxes are representing an increasing portion of a business’ US tax liability, however they are often not given the appropriate attention by resource-constrained tax function in the US or UK.

“The issue has been exacerbated recently by the economic pressure faced by state government and a clear trend toward increased state tax audit activity.  Entities reporting on a GAAP basis have found state tax accounting to be one of the more vexing issues in their FAS 109/FIN 48 computations.  For those UK-based companies with operations in the US, minimising tax risks and navigating the complexities of the US state tax system whilst ensuring complete compliance has developed into a key service offering of the Deloitte US Corporate Tax Services Group.”

Jerry has over 35 years experience serving the sophisticated tax needs of the US firm’s largest and most complex clients and has been responsible for the leadership of multi-state tax services provided to the firm’s Global Strategic and M&A Clients.

Source: Editor

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Reznick Group, a top 20 national CPA firm, today announced the appointment of Steven Martucci, a former KPMG LLP partner, as a Principal based in the firm’s Tysons Corner, Va., office.

“The addition of Steve to our management team is further evidence of our commitment to grow Reznick Group with the most talented and experienced resources in the market today,” said Ken Baggett, Reznick’s Managing Principal and CEO. “Steve’s background and experience in structuring the tax and financial operations of Fortune 500 and Global 1000 companies will greatly enhance our capabilities for our clients across the country. We couldn’t be happier with Steve’s decision to join Reznick Group.”

Martucci now leads Reznick Group’s Operational Advisory Consulting Practice, a specialized consulting practice focusing on the operations of tax and financial functions — from organizational and operational strategic alignment to process and reporting risk management to M&A operational due diligence and post-transaction integration. His responsibilities also include functional outsourcing for tax compliance and CFO type services.

Prior to joining Reznick Group, Martucci co-founded a highly specialized boutique consulting firm where he was instrumental in the development of leading edge technologies that combined the rigorous reporting requirements of finance and tax for multi-national companies. In addition to the development and deployment of technology, he worked with several private equity and venture capital firms on operational due diligence and post-transaction integration services.

Martucci began his career at Ernst & Young in the National Tax Office. Previously, he was also a partner and national practice leader at KPMG LLP. At KPMG, he blended resources from the firm’s Consulting, CFO Advisory Services and Tax practices to establish a national operational practice focusing on best practices, strategic analysis and alignment as well as technology deployment services for global finance support functions. Martucci was also responsible for tax function outsourcing, post-transaction integration services and tax risk assessment reviews.

About Reznick Group

A national leader in accounting, tax and business advisory services, Reznick Group is ranked among the top 20 public accounting firms in the United States, serving clients in a broad spectrum of industries. Founded in 1977, Reznick Group maintains 10 offices nationwide — in Atlanta, Ga.; Austin, Texas; Baltimore and Bethesda, Md.; Birmingham, Ala.; Charlotte, N.C.; Chicago, Ill.; Los Angeles and Sacramento, Calif.; and Tysons Corner, Va. Reznick Group is a Certified Public Accounting Firm and a Professional Corporation. For more information: www.reznickgroup.com.

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ICT GROUP, INC. (NASDAQ:ICTG), a leading global provider of customer management and business process outsourcing solutions, has announced the appointment of Eileen S. Fusco to its Board of Directors. Ms. Fusco, 52, most recently served as Senior Partner of Financial Services for Deloitte & Touche (New York), where she advised several large global financial services institutions on a variety of financial transactions, industry issues and other cross-disciplinary initiatives. Ms. Fusco also held management positions on the Northeast Management Committee and Global Financial Services Tax Board for Deloitte & Touche, before retiring in 2007.

Previously, Ms. Fusco was Regional Tax Counsel for the Americas, for UBS AG, a leading global provider of wealth management and investment banking and securities services. She also formerly served as Chief Financial Officer of Twenty-First Securities Corporation, a boutique/specialty transaction management firm, as well as Managing Director of Global Tax for Kidder Peabody and Co.

“We are pleased to be expanding the Board with the appointment of Eileen, a proven business leader in the financial services industry,” commented John J. Brennan, Chairman and Chief Executive Officer of ICT GROUP. “With over 25 years of financial management and legal experience, we expect Eileen to be a strong addition to our Board of Directors and Audit Committee, bringing added value and perspective to our outsourced services business, today and in the future.”

In addition to ICT GROUP, Ms. Fusco currently serves on several boards, including MF Global Ltd., a leading intermediary offering customized solutions in global case, derivatives and related markets, Pro Mujer International and the Greater New York City Affiliate of Susan G. Komen for the Cure. She holds a Master of Law degree, with a focus on taxation, from New York University School of Law; an MBA in Accounting from the Rutgers Graduate School of Management; a JD from the Rutgers School of Law, and a BA from Douglas College.

About ICT GROUP:

ICT GROUP, headquartered in Newtown, Pa., is a leading global provider of customer management and business process outsourcing solutions. The Company provides a comprehensive mix of customer care/retention, up-selling/cross-selling, technical support and database marketing as well as e-mail management, data entry, collections, claims processing and document management services, using its global network of onshore, near-shore and offshore operations. ICT GROUP also provides interactive voice response (IVR) and advanced speech recognition solutions as well as hosted Customer Relationship Management (CRM) technologies, available for use by clients at their own in-house facility or on a co-sourced basis in conjunction with the Company’s fully integrated contact center operations. To learn more about ICT GROUP, visit the Company’s website at www.ictgroup.com.

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ING announced yesterday that the Supervisory Board intends to nominate Patrick Flynn (1960, Irish) for appointment to the Executive Board at the annual General Meeting of Shareholders of 27 April 2009. Upon appointment Patrick Flynn will become the new Chief Financial Officer of ING.

Patrick Flynn is currently Chief Financial Officer of HSBC’s global Insurance business, based in London. Previously he served as CFO for HSBC’s banking and insurance operations in South America from 2002-2006.

After joining HSBC in 1989 he held a number of roles in auditing, treasury, and finance and control. In 1995 he became Senior Manager of HSBC Group Finance, handling liquidity management, cash management, group balance sheet management and policy development. In 1998 he joined the finance department of the Group Treasury before becoming Head of International Finance Control in 1999, with oversight of financial control for the Group Treasury’s overseas businesses.

Patrick Flynn, who started his career at the auditing firm KPMG, is a Chartered Accountant and a Member of the Association of Corporate Treasurers. He also holds a bachelors degree in Business Studies from Trinity College Dublin.

Jan Hommen, Chairman of the Supervisory board and CEO-designate said: “I am extremely pleased that such a highly qualified professional as Patrick Flynn will join ING in the important position of CFO. With his experience in a broad number of roles in both banking and insurance, I am confident that Patrick will play a valuable role for ING in the coming years.”

Subject to approval by the Dutch Central Bank (DNB), Patrick Flynn will succeed John Hele who, as announced in October 2008, will leave ING and relocate to the United States for family reasons. As of 1 April 2009 he will become Chief Financial Officer of Arch Capital Group, a Nasdaq-quoted international insurer. Until the end of March, John Hele will complete the annual accounts and filings for the financial year 2008 and will work with Patrick Flynn on the transition of duties.

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True Partners Consulting LLC have announced the addition of a new managing directors: Andrew Jackson, 48, at True Partners Consulting (U.K.) LLP in London, the firm’s first wholly owned office outside the United States.

A Value Added Tax (VAT) Partner with True Partners Consulting’s London office, Jackson brings nearly 20 years experience with Big 4 firms and smaller practices. He specializes in providing indirect tax advice across a range of sectors, both private and public, and has been involved in a wide range of cross border transactions advising as part of a multidisciplinary team.

Previously, Jackson worked for HM Revenue & Customs for seven years as a VAT specialist. He has written and lectured on indirect tax issues, with a particular emphasis on property and financial service issues, and graduated from the London School of Economics.

True Partners Consulting (U.K.) LLP advises companies based in the United Kingdom, as well as multinational companies doing business there and other European markets, on a range of tax and business issues including transfer pricing, VAT, cross border transactions, structuring business operations and reorganizations. The office also undertakes all local compliance requirements.

About True Partners Consulting LLC
True Partners Consulting is a world-class tax and business advisory firm that helps large public and private enterprises navigate complex financial regulations without the Sarbanes-Oxley created conflicts inherent in offering both tax consulting and audit services. The firm provides a broad range of services, including analysis and counsel concerning the tax impact of business issues such as organic or acquisition-driven growth, filing practices, business restructuring or bankruptcy. The firm also conducts refund reviews, analyzes clients’ tax exposure and prepares responses to audit inquiries, in addition to helping clients address compliance issues.

The firm has offices in Chicago; New York; Los Angeles; San Jose, Calif.; Tampa Bay, Fla.; Boston; and London. There are also member firms in Paris; Turin, Italy; Barcelona, Spain; and Beijing, China; through the True Partners Consulting International network. Find additional information at www.tpctax.com.

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