Thursday, May 26, 2011

Crowe Horwath Global Risk Consulting Launches

Crowe Horwath Global Risk Consulting (CHGRC) is a newly formed global professional services firm assisting multinational companies with their governance, risk and compliance needs. The firm's chief executive officer (CEO) is U.S.-based Larry Rieger, who has more than 35 years of multi-national client service experience and is a noted expert on corporate governance, risk and compliance. As CEO, Rieger is responsible for implementing a singular global client service delivery model.

"Companies we've worked with were looking for someone to provide a consistent approach to their risk, governance and compliance needs across their global markets, rather than treating it like a local service. We created CHGRC to meet this market demand — one consistent global service model, provided by one global firm — rather than following the network member approach used today by many large accounting firms," said Rieger. "Each market that we enter will be serviced by the single global firm through a standard global service approach, with oversight established by CHGRC's CEO and monitored by the board of directors."

In addition to its presence in the U.S., CHGRC will initially have offices in the United Kingdom, China and Japan. The firm identified these markets as critical economic centers within their regions, and all are countries with a heavy presence of multinational organizations. From this initial base, the firm will expand throughout European and Asian regions as the market demands.

CHGRC is a member firm of Crowe Horwath International. The international network, ranked among the top 10 global accounting networks, consists of more than 140 independent accounting and advisory service firms with 640 offices in more than 100 countries around the world.

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