EY Bermuda chair to step down

Gil Tucker, chairman of EY’s Bermuda firm Ernst & Young, has retired from the position.

Tucker served as Bermuda managing partner from 2005 to 2014, before assuming the role of chairman in 2014. He joined EY’s Bermuda office in 1976, originally serving clients in retail and hospitality, as well as financial services.

EY said that in recognition of Tucker’s career and contributions, it has launched a new scholarship, the EY R Gil Tucker Scholarship. It also named the two Bermudian recipients, Hannah Guntl and Gianluca Guglielmucci.

Pete Cangany, EY’s Bermuda senior partner, said: “Gil has made countless contributions to Bermuda, to the accounting profession, and to our firm. I thank Gil for his contributions and his leadership, and wish him a well-deserved retirement.

“We are very pleased that his legacy will live on at EY, through the high performing organisation he helped create, the high standards he has set and the scholarship program we are announcing today.”

Tucker said: “It has been a privilege to work alongside so many talented colleagues over the four decades I’ve been at EY, and to see the growth of our brand in Bermuda. I am proud to say that we have never been in a stronger position in the market, with an outstanding leadership team.

“I am also humbled to have the EY scholarship programme named in my honour, and congratulate Hannah and Gianluca. It is critical that we continue to take steps to mentor the next generation of leaders, and this program will help open more doors for young Bermudians seeking careers in professional services.”