(L-R) Fernando Longares; Gaël Denis; Credit: EY Luxembourg

EY Luxembourg has announced Fernando Longares as the new Telecommunications, Media and Technology (TMT) Leader, succeeding to Gaël Denis.

Partner in the International Tax and Transfer Pricing practice since 2016 and current Leader of the TMT Tax practice, Mr Longares joined EY in 2006. He holds a Master of Arts degree from the College of Europe in Bruges (Belgium) and a degree in Economics from the University of Zaragoza, Spain.

Mr Longares brings an international experience in helping clients keeping pace with increased regulatory scrutiny, transfer pricing challenges and tax transformations such as the recent agreement by the OECD / G20 of the two-pillar solution addressing the tax challenges arising from the digitalisation of the economy, which particularly concerns the sector. Mr Longares will continue to strengthen EY Luxembourg’s global footprint, serving major players of the sector and their worldwide ecosystems.

Mr Longares said: "I am delighted to be taking over from Gaël, who has done a fantastic job building out the services to our clients and the team. Technology is transforming our clients’ businesses globally, creating significant opportunities. From planning their business transformation to choosing the right technology and realizing the expected business outcome, our active participation becomes integral, and I look forward to supporting strong growth prospects. I strongly believe that our team can be a meaningful force for positive change in the country."

Mr Denis added: "The time spent in my role as TMT Leader were fascinating. I am proud of my teams to have made EY Luxembourg an early supporter of the industry, understanding and anticipating our clients’ needs. TMT is an area which has thrived for the last decade and made it throughout the pandemic with even more strength. It never stops transforming. I trust that Fernando and his extensive experience will continue building on the unlimited opportunities and resources of the sector."

Mr Denis has been an Assurance Partner in the Luxembourg office for more than ten years. After leading the TMT & FinTech practices for five years, he has been appointed Chief Operating Officer of EY Luxembourg.

Both have taken on their new roles on 1 July 2022.