Deloitte Financial Advisory Services CEO Frank Piantidosi Joins Board of Transparency International-USA

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NEW YORK, Aug. 22 // -- Frank Piantidosi, Chairman and CEO of Deloitte Financial Advisory Services LLP (Deloitte FAS), has been elected to the board of directors of Transparency International-USA, the American chapter of Transparency International, a Berlin-based non-profit and non-partisan organization founded in 1993 to curb corruption in international business and development.

    Deloitte FAS is a subsidiary of Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Deloitte FAS assists clients with a wide range of corporate lifecycle issues ranging from managing business controversy and conflict to executing deals and maintaining regulatory compliance. The practice helps clients address serious business concerns such as internal and external investigations, litigation, reorganization and fraud.

    Through its local chapters in more than 90 countries, Transparency International encourages governments to implement laws and policies to reduce corruption and increase transparency, promotes private sector integrity and seeks reform through international development institutions.

    "Now more than ever, organizations are facing challenges such as complex global business fraud and corruption. Shining the light of truth and bringing transparency to the world's business and accounting practices has been the underlying theme of my entire career," said Piantidosi. "Along with the recent launch of the Deloitte Forensic Center think tank, joining the board of Transparency International USA is the capstone to my 20 years of advancing forensic accounting."

    Piantidosi also serves as global leader for the Forensic & Dispute Services practices of all Deloitte Touche Tohmatsu member firms and their affiliates. In that role, he has built robust resources within the DTT member firms around the world that provide sophisticated forensic and technology services to many of the world's multinational organizations.

    For the past 20 years, Piantidosi has been at the forefront of the development of the dispute consulting and forensic investigations discipline, helping to define the special skill set of investigatory experience, technological skill, and financial acumen necessary to investigate the growing incidence of worldwide corporate fraud. Piantidosi led the engagement relating to Volcker Commission's investigation of Swiss banks on behalf of Holocaust victims, which resulted in a $1.2 billion settlement and the return of hundreds of millions in assets to victims and their heirs.

    Piantidosi earned his bachelor's degree from St. Anselm College and his master's degree from Northeastern University.

    About Deloitte

    Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 150,000 people worldwide, Deloitte delivers services in four professional areas-audit, tax, consulting, and financial advisory services-and serves more than 80 percent of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.

    As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names.
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