November 16, 2016

MBAF Expands Risk Advisory Practice with Addition of Alvaro Florez.

MIAMI / NEW YORK (November 16, 2016) – Alvaro Florez has joined nationally recognized public accounting firm MBAF as a principal in its Risk Advisory Practice, and he will be splitting his time between the firm’s Miami and New York City offices. A former Ernst & Young partner with more than 25 years of experience in risk advisory and consulting, Florez joins MBAF as the firm expands its Risk Advisory practice into business process improvement and IT enablement. The announcement was made by Tony Argiz, Chairman and CEO of MBAF.

“Alvaro’s extensive experience with global, transformational initiatives makes him an invaluable resource to our team as well as to existing and prospective clients as we grow our practice,” said Jesus Socorro, Managing Principal of the firm’s Risk Advisory Practice. “Our Risk Advisory Practice has grown significantly over the last two years, helping public companies with internal controls compliance and private companies prepare for IPOs or other liquidity events. With the addition of Alvaro, we are positioned to continue our expansion into new service lines.”

Prior to joining MBAF, Florez led global initiatives for Fortune 500 companies on a wide array of engagements covering business process improvement and technology enablement while he was a partner at Ernst & Young. He has helped clients with IT strategy development, system implementations (including SAP), and data privacy and protection in a variety of industries, as well as enterprise business process performance management and technology security and risk solutions.

Florez earned both his B.A. in Management Information Systems and M.B.A. from Florida International University.

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About MBAF Risk Advisory

MBAF’s Risk Advisory practice is a value-creation practice focused on managing enterprise risk, business process improvement and IT enablement, including ERP implementations and cyber risk management. Our experienced professionals help public companies assess enterprise risk and improve internal controls, optimize business processes and technology, as well as help private companies prepare for IPOs or other liquidity events, including with governance and technical accounting matters.

About MBAF

MBAF is ranked nationally as a Top 40 accounting and advisory firm by Accounting Today, and named one of the 2014 Top Five Best of the Best firms in the country by INSIDE Public Accounting, chosen for demonstrating long-term consistency and exceptional performance, regardless of outside factors. MBAF has more than 500 highly qualified principals and employees that serve domestic and international clients across a broad range of industries and practices in more than 44 countries and all 50 states. Its offices are located in New York, Valhalla (Westchester, NY), Miami, Coral Gables, Naples, Las Vegas, Baltimore, Boca Raton, Boulder, Fort Lauderdale, Orlando, and India.