Grant Thornton has announced the appointment of a new member firm in the Dominican Republic, called Barreto & Associates LLC. Appointed on 1 November 2012, the firm will trade as Grant Thornton Dominicana and replaces the former member firm which left the global organisation in August.
Grant Thornton Dominicana, employs 35 people and is led by Carlos Barreto, managing partner, along with three directors. A large part of the firm's revenues come from advisory work but there are plans to build audit and tax capabilities with the help of Grant Thornton in Puerto Rico. Carlos Barreto has grown the business by leveraging his strong professional reputation with leading industrial groups in the country, with multinational clients as their key target.
Ed Nusbaum, global CEO, Grant Thornton, said, I am delighted to welcome Carlos and his team to the global organisation. The firm's goals are closely aligned with our ambition and I am confident that they will play an important role in the region in the years to come.
Carlos Barreto, managing partner of the new firm said, I am very excited to be joining Grant Thornton. Having attended the global conference in Barcelona in October, I am even more confident that our firm is strongly aligned with the Grant Thornton ambition and I am looking forward to working with the firms around the world to achieve it.