Alok Chugh is a Chartered Accountant by profession and started his career with Ernst & Young (EY) in India in 1992. He moved to the Middle East in 1993 to join the Tax practice of EY. He is currently a Tax Partner with EY’s Middle East practice and is the Market Segment leader for Tax in Kuwait. Alok is also Middle East and North Africa (MENA) account leader for certain very large US, UK, European, Korean, Japanese and Chinese multinationals operating in the region. Alok is also a Tax Market Segment Leader for MENA region for Government and Public Sector. Alok has extensive experience of advising multinational companies on tax matters involving tax planning, compliance and cross border tax restructuring. He has been involved on several engagements relating to private placement, Mergers and/or Acquisition of companies and tax efficient structuring of the transactions. He has experts knowledge of tax laws in Kuwait, offset regulations, Kuwait Direct Investment law and regularly advises companies on Doing Business in Kuwait. He is on the Board of Directors of the American Business Council in Kuwait and is also an active member of various business forums in Kuwait including British, French, Canadian as well as Kuwait Chapter of the Institute of Chartered Accountants of India. Alok is a regular speaker at various seminars and workshops organized by EY, International Fiscal Association, Middle East Chapter and also at various Embassies in Kuwait. He has received a number of awards for contribution to various business communities including recognition by Madison Who’s Who during 2011. Alok is married for 18 years and has a Daughter and a Son both of who were born in Kuwait. Alok’s son studies at a British school in Kuwait & his daughter is now studying at the University of Michigan. He is a keen cricketer, golfer and enjoys listening to Indian music.
EY (formerly Ernst & Young) is a multinational professional services firm headquartered in London, England. EY is one of the largest professional services firms in the world and is one of the “Big Four” accounting firms.
The organisation operates as a network of member firms which are separate legal entities in individual countries. It has 231,000 employees in over 700 offices around 150 countries in the world. It provides assurance (including financial audit), tax, consulting and advisory services to companies.
The firm dates back to 1849 with the founding of Harding & Pullein in England. The current firm was formed by a merger of Ernst & Whinney and Arthur Young & Co. in 1989. It was known as Ernst & Young until 2013, when it underwent a rebranding to EY. The acronym “EY” was already an informal name for the firm prior to its official adoption.
In 2017, Fortune magazine ranked EY 29th on the 100 Best Companies to Work For list. In 2016, EY was the 11th largest privately owned organization in the United States.