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Ernst & Young’s Maria Pinelli Appointed as Chair of Network for Teaching Entrepreneurship (NFTE)

  Ernst & Young’s Maria Pinelli Appointed as Chair of Network for Teaching
  Entrepreneurship (NFTE)

  *Global Vice Chair of Strategic Growth Markets at Ernst & Young sets
    ambitious goals for NFTE’s growth

Business Wire

LONDON & NEW YORK -- November 13, 2012

Maria Pinelli, Global Vice Chair for Strategic Growth Markets at Ernst & Young
has been appointed the new Chair of the Network for Teaching Entrepreneurship
(NFTE) – its first appointment of a new Chair since 2005. NFTE^1 is a global
non-profit organization that helps young people from low-income communities to
become financially independent, by developing their entrepreneurial spirit.

“It’s an honor to not only be able to encourage entrepreneurship on a daily
basis at Ernst & Young, but now as the Chair of NFTE too,” says Pinelli. “My
goal is to continue changing the lives of “street smart” kids to “business
aware” young adults, not only in the US but in as many countries as possible.

“Our vision for NFTE is to double our presence internationally by 2015 –
increasing the number of participating countries and the number of young
people involved from 500,000 to 1 million over the next five years. Young
entrepreneurs represent the best hope of creating sustained economic growth
globally – and many start in unexpected places, which is where NFTE comes in.”

While dedicating the past 25 years of her life to providing professional
services to clients worldwide at Ernst & Young, Pinelli has developed
expertise in working with businesses to help accelerate their growth and
success. Pinelli has also led over 20 IPOs in three continents and currently
oversees Ernst & Young’s renowned Entrepreneur Of The Year® program and the
Entrepreneurial Winning Women™ program.

“Maria is a great leader and ambassador for NFTE and everyone on our board and
our leadership team is excited to be partnering with her, as we work toward
NFTE’s promising future,” said Amy Rosen, President and CEO of NFTE. “Thanks
to Ernst & Young’s continued support, it is possible to combat the staggering
youth unemployment rate by inspiring as many young people as possible to
develop an entrepreneurial mindset to meet market demands and social needs
which ultimately have the potential to produce real world business prospects
and job creation.”

Notes to Editors

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transactions and advisory
services. Worldwide, our 167,000 people are united by our shared values and an
unwavering commitment to quality. We make a difference by helping our people,
our clients and our wider communities achieve their potential.

For more information, please visit www.ey.com.

Ernst & Young refers to the global organization of member firms of Ernst &
Young Global Limited, each of which is a separate legal entity. Ernst & Young
Global Limited, a UK company limited by guarantee, does not provide services
to clients. This news release has been issued by EYGM Limited, a member of the
global Ernst & Young organization that also does not provide any services to
clients.

About the Network for Teaching Entrepreneurship

Too many young people today drop out of school and struggle to break the cycle
of poverty. Since 1987, the Network for Teaching Entrepreneurship (NFTE) has
been inspiring young people to pursue educational opportunities, start their
own businesses, and succeed in life. By providing entrepreneurship education
programs relevant to the real world, NFTE empowers students to own their
educations in and out of the classroom and to find their own path to success.
Hundreds of thousands of students have discovered opportunity all around them
through entrepreneurship via thousands of certified educators worldwide. NFTE
supports active programs in 18 U.S. states and 11 countries around the world.
Entrepreneurs are a powerful driver of economic growth and NFTE sows the seeds
of innovation in students worldwide. For more information, visit www.nfte.com.

^1 NFTE is present in 11 countries, including Belgium, China, Chile, Colombia,
Germany, Indian, Ireland, Israel, New Zealand, Saudi Arabia and the US.
Starting in one small school and one small classroom, to date the award
winning curriculum has been delivered to over 500,000 students and trained
more than 5,000 teachers in over 50 countries.

Contact:

Ernst & Young Global Media Relations
Mélodie Deniz, +44 (0)20 7980 0475
melodie.deniz@uk.ey.com
 
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