Mongolian office will extend expertise and client engagement in
key growth areas such as energy and natural resources
NEW YORK, Jan. 31, 2012 /PRNewswire-Asia/ -- Deloitte Touche
Tohmatsu Limited (DTTL) announced today it has established a new
member firm in Mongolia after reaching an agreement with leading
local Mongolian professional services firm, Onch Audit. The new
firm, Deloitte Onch LLC( http://www.deloitte.com/view/en_MN/mn/index.htm
), will offer a full range of professional services, including
audit, tax, consulting, and financial advisory to clients in one of
the world's fastest growing economies.
Mongolia is a fast-growing market in the Asia Pacific region, with
its significant natural resources and growing number of domestic
enterprises requiring top-quality professional services. Deloitte
Onch LLC is poised to leverage the increased opportunities in the
region, particularly in the energy and resources sector. For
example, the Deloitte Global Mining Industry team, an established
network of experienced Deloitte member firm professionals in every
country that has significant mining activity, will add great value
to its services to mining clients operating in Mongolia.
"In addition to adding a new firm to our vast global network, we
are delighted to be expanding in what is fast becoming a critical
market for the Asia Pacific region and the global economy as a
whole," said Barry Salzberg, Global CEO, DTTL. "By combining the
deep local knowledge of Onch Audit with specialist expertise from
Deloitte member firms, the network is well-positioned to help new
and existing clients in Mongolia become leaders in their market or
advance their existing market leadership."
The agreement will connect the newly formed Deloitte Onch LLC with
support from a globally connected network of professionals in more
than 150 countries. The new member firm will continue to be led by
founder Onchinsuren (Onch) Dendevsambuu, a former senior auditor at
Arthur Andersen and Ernst & Young in Ulaanbaatar and Moscow.
Onchinsuren has 15 years of experience in audit, tax, and advisory,
serving both multi-national companies and local clients.
"This is a very exciting time for the new Deloitte member firm in
Mongolia," said Onchinsuren. "We are proud to be joining a network
so respected for its world-class service, innovation, and ethics.
With the support of a global network of member firm specialists, I
am confident that Deloitte member firms can continue to exceed
clients' expectations."
Onch Audit LLC (Onch Audit) was founded in January 2004 and has
since become a leading firm in the region. The Deloitte Onch LLC
office currently employs a staff of 50 with plans to recruit an
additional 15 over the coming months.
"We are delighted to have such dedicated professionals join
Deloitte member firms in the Asia Pacific region," said Chaly Mah,
Regional Managing Director, DTTL Asia Pacific. "I look forward to
working closely with Onch and her colleagues to develop business in
Ulaanbaatar, delivering exemplary services to existing clients, and
furthering Deloitte member firms' local and international client
base in the region."
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited,
a UK private company limited by guarantee, and its network of
member firms, each of which is a legally separate and independent
entity. Please see www.deloitte.com/about for a detailed
description of the legal structure of Deloitte Touche Tohmatsu
Limited and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory
services to public and private clients spanning multiple
industries. With a globally connected network of member firms in
more than 150 countries, Deloitte brings world-class capabilities
and high-quality service to clients, delivering the insights they
need to address their most complex business challenges. Deloitte's
approximately 182,000 professionals are committed to becoming the
standard of excellence.
SOURCE﹛Deloitte Touche Tohmatsu Limited