New York (Feb. 20, 2003) -- PricewaterhouseCoopers has tapped Martin J. Jennings as managing partner of the firm's Investment Management Industry Group in New York, replacing Philip P. Mannino, who will retire in June after 35 years with the firm.Jennings currently serves as the risk management partner for PricewaterhouseCoopers' New York Investment Management Industry Group. In his new position, he will assume responsibility for client services, practice planning, training and oversight of all related tax, audit and other services for the investment management segment of the firm's Financial Services Industry Group in New York. He will report directly to Lloyd E. "Chip" Voneiff, who heads PricewaterhouseCoopers Investment Management Industry Group for the Americas.

Jennings, 43, began his career with PwC in 1981 at the firm's Cleveland office. He has served as assistant to the vice chairman of Accounting and Auditing Services, and worked in the Audit Technology Group, where he led the firm's audit automation initiative with development of a completely electronic workflow system. He was admitted as a partner in 1993, and joined the New York office of the Investment Management Industry Group in 1994.

PricewaterhouseCoopers' Investment Management Industry Group provides auditing, accounting, business advisory and tax services to mutual funds, common trust funds, limited partnerships, hedge funds, pension funds, annuities, trusts and industry service providers. The Group audits more than 2,900 U.S. mutual funds.

-- Electronic Accountant Newswire Staff

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