In the lead-up to the festive season, international market moves don’t slow down. Most firms are looking to next year and which expansions will best enable their development—through new acquisitions, senior hires, and strategic partnerships, our usual players invest in their own growth potential and look to wrap up 2022.
More, as always, below.
Yelena Ageyeva-Furman, a long-time Kearney Partner, joins Bain, advising C-suite executives on all aspects of strategic transformation, sustainability, and circular economy topics.
Deloitte’s next global leader is appointed: Joe Ucuzoglu, who is currently head of US operations, will take over in January 2023. Previously, he led the firm’s audit business in the US, and has served as an adviser to the SEC Chief Accountant.
Lisa Fernihough has been appointed Chief People Officer at KPMG UK and will be starting in her new role in January. She will also join the firm’s Executive Committee, which will now be over 50% women.
Matthew Bell, Global Leader for Climate Change and Sustainability Services at EY, has joined the Board of the World Green Building Council as NED. He has been with EY for some 15 years and has a long-standing focus on climate and sustainability topics.
Analysys Mason welcome Ethemcan Bakırlıoğlu, who will lead the firm’s expansion in Turkey, Azerbaijan, and Central Asia as part of the company’s operations in SAMENA. He has deep commercial strategy and transformation experience, as well as a background at Strategy& and Bain.
Kirill Tuishev takes on a new role at BCG as the head of the Baku office in Azerbaijan. He is also Managing Director and Senior Partner at the firm, as well as Head of Energy in the EMC region.
Olivier Scalabre has been appointed Chief Executive Officer of BCG in France. He was previously Green Tech Lead and replaces Guillaume Charlin, who has gone to preside over Quantis, a boutique specialising in environmental issues, recently acquired by BCG.
Haroon Ansary has joined Kroll’s Global Restructuring team as Senior Director to drive the expansion of Kroll’s restructuring offering internationally. He brings across 20 years of expertise in this space and a background with McKinsey, Strategy&, and A&M.
A&M welcomes Managing Director Nicholas Reid to lead the firm’s Perth office. He brings more than 18 years of experience in consulting in the resources sector and his expertise includes large-scale transformation and performance improvement internationally.
Simon-Kucher & Partners has appointed Peter Hoijtink as Managing Partner of its new office in Johannesburg, South Africa. The new office is Simon-Kucher’s first in sub-Saharan Africa and the second in the continent.
Reed Pitts joins A&M Taxand’s Federal Tax practice as a Senior Director in Dallas. He has over 9 years of experience as a tax advisor for both public and private companies. He brings strong expertise in income tax accounting, income tax compliance, and tax planning.
KPMG Saudi Arabia promotes Gasser Osman, who has been with the firm for about a decade, to Senior Director in its Advisory business. He also leads KPMG’s ERP practice in the region.
Phil Bulman has joined Arthur D. Little as a Partner in the firm’s global Operations practice, based in London. He has a background in engineering, manufacturing, and procurement, and an extensive track record in both industry and consulting, developing operations strategies and delivering large-scale performance and profitability improvement projects.
Bain & Company has brought on former McKinsey Partner Mourad Limam to its Partnership in Dubai. Mourad Limam joins the global strategy consulting firm from Henkel, where he spent the past two years as Head of Emerging Markets for the Adhesives Technologies business.
AlixPartners adds Jason Miller as a Managing Director in the firm’s Digital practice, based in the Chicago office. Jason brings extensive expertise in digital technology transformation with experience across varied industries, including Retail, Consumer Goods, Financial Services, Technology, and Telecom.
KPMG UK Deal Advisory team adds Sharon Taylor and Lloyd Williams as Managing Directors within its Special Situations and Turnaround Group. Their primary focus will be on restructuring and turnaround in distressed situations,
Huw van Steenis joins Oliver Wyman as Vice Chair and Partner. Huw will provide strategy advisory to his network, focusing on risk management in their transition to a lower-carbon economy; he will also conduct financial research into sustainability trends in his focus market, supporting clients in their strategic decisions.
McKinsey introduce a new Location Leader of the firm’s Global Services in Poznań, Poland. Natalia Zielinska will take over from Hubert Skotkowski, who previously led the Poznań practice.
Alvarez & Marsal appoints Tony Woodhams to lead the firm’s Capital Markets practice across EMEA as Managing Director. He brings more than 30 years of sector experience to the team, having held senior interim roles in investment banks and the Head of Capital Markets position at Deloitte.
Florian Schneider, a former EY-P Associate Partner with a focus on Software Strategy Group, Tech M&A, IT M&A, and IT Separation/Integration, among others, makes the move to Deloitte. He has industry background with Nokia as well as extensive consulting expertise with KPMG as Director.
FTI Consulting expands its presence in Berlin with two Senior Directors: Maria Heider, former head of the representative offices of Metro AG in Berlin and Brussels, and the energy and Real Estate expert Robert Döring.
Oliver Wyman announces a new Head of Private Capital for Asia Pacific: Sean Cory, currently based in the firm’s Kuala Lumpur office to continue increasing their presence in Malaysia. Sean founded Oliver Wyman’s Stockholm office and grew the Nordics business since.
A&M’s Disputes and Investigations team adds Jonathan Marshall as a Managing Director and North America Forensic Technology Services practice leader in Washington D.C. He brings more than 15 years of forensic technology experience and specialises in advanced Data Analytics, eDiscovery, Digital Forensics, Legal, and Cybersecurity.
AlixPartners welcome Justin Sutherland in their Investigations, Compliance, and Privacy team, which now includes five former U.S. SEC Enforcement Division Accountants. Justin brings 18 years of experience as an auditor, forensic accountant, and regulator.
The Eight Advisory Transformation team continues to grow with the addition of Raphaël Mignard, a new Partner in Lyon. He has a background at Mazars across Operations, Performance Improvement, and Compliance, among others.
EY UK make appointments in the South West region: Marcus Graham joins as the first dedicated Transaction Diligence Partner, and Claire Eggels joins as an Assistant Director in the same team. There are now 17 transaction professionals across EY’s Bristol-based M&A and due diligence teams.
Victoria Evans joins Oliver Wyman as a Partner in the firm’s Public Services and Policy practice in the UK and Ireland. Victoria brings over 17 years of experience working across the UK government, where she has advised several public sector clients including local counselors and senior civil servants.
Alvarez & Marsal has expanded its Taxand executive compensation services team in London with the appointment of its third Managing Director. James Harris brings more than two decades of experience to the role.
Dipen Shah joins A&M’s New York team as the newest Healthcare and Life Sciences Managing Director. He brings across almost 20 years of experience in Audit and Transaction Advisory and has had a background at PwC and KPMG.
M&A consultancy Marktlink welcomes three new members to its team in Belgium: Olivier Smets, Joséphine Bourgeois, and Laurens Meeusen.
Ankura strengthens its senior team in Dubai with James Tebbs. Based in Dubai, he brings more than 20 years of professional experience in the Middle East and the United Kingdom to the firm, specialising in financial crime compliance, fraud prevention, fraud detection, and forensic investigation.
Christos Adamantiadis, the CEO of Marsh in the Middle East and Africa, has been promoted to a broader regional role, in which he will lead the company’s Continental Europe division, and the management and development of Marsh’s risk advisory and insurance broking operations across Continental Europe. He oversees teams in more than 20 European countries (excluding the UK).
KPMG Lower Gulf’s Partner team has elected Emilio Pera as its new CEO. He oversees a team of 1,800 staff across the UAE and Oman.
David Seignolle joins Bain in their Healthcare and Life Sciences team as an Expert Partner, focusing on Pharmaceutical Manufacturing and Supply Chain Operations. He will be based in the Netherlands.
McKinsey Senior Partner Stephanie Hauser, based in the UK, is appointed Global Co-Leader of McKinsey’s Banking & Securities Practice, and Leader of the firm’s regional Banking & Securities Practice in Europe.
Morgan Stanley’s top international executive (Global Head of Investment Banking), Franck Petitgas, will retire after a 30-year career at the bank.
The Boston Consulting Group has appointed a new global diversity lead. It has named Nadjia Yousif, based in London, as the firm’s inaugural Chief Diversity Officer.
Jason Spencer, Naveen Tiwari, and Peter Renon join EY’s Transaction Strategy & Execution team, based in London. Jason Spencer will lead EY’s London-based Technology Pre-Deal Advisory Team, with extensive experience advising PE and corporate clients. Naveen Tiwari brings 20 years’ experience in advising corporates, PE, and lending banks; lastly, Peter Renon brings over 17 years’ experience of cross-sector M&A experience.
KPMG Acceleris has bolstered its leadership team with a Partner appointment: Sarah Abrahams, in the London office. Acceleris Capital is a VC advisory house based in Manchester, which advises and manages fundraisings for over 60 UK businesses, specialising in working with technology-focused SMEs within healthcare, sustainability, and software.
Ulli Dannath joins Bain & Company‘s Zurich office to strengthen the firm’s Telecommunications and Media practice. He was previously a long-standing Kearney Partner, with over two decades’ worth of strategic and transformation advisory experience at the firm in this sector.
Chris Ventry joins Ankura as Managing Director in their Performance Improvement team. Chris brings over 25 years of advisory experience and P&L responsibility with a focus on improving digital growth profitability.
EY Climate Change and Sustainability Partner Emma Herd has been appointed to the Financial Reporting Council (FRC). Emma has 20 years’ experience in finance, sustainability, and non-financial reporting with specialisation in commercial climate change finance and investment.
BDO has announced the appointment of Adam Broatch as a new Partner as the firm continues to invest in its expansion in Scotland.
Bain launches a new office in Vienna, the firm’s 6th location in the DACH region. The new office in Austria’s capital city is Bain’s third new one in Europe this year, having previously opened locations in Athens and Lisbon.
Kearney has acquired OPTANO, a European provider of AI-powered operations optimisation solutions. Now operating as “a Kearney company,” OPTANO will support Kearney on operations projects across AI-powered supply chain and large-scale operations transformations.
Alvarez & Marsal and law firm Sullivan & Cromwell have been named as the restructuring advisors of FTX; they will attempt to restore value to the firm’s assets after its de facto collapse earlier this month.
Capgemini has acquired two consultancies in Europe. The addition of Quantmetry in France and Quorsus in the United Kingdom adds over 200 employees to its ranks.
Per FT, “former Citigroup executive Michael Klein is set to combine his boutique advisory firm with Credit Suisse’s investment bank and is hunting for investors.”
Next has struck a deal with the insolvency administrators of Made.com Group to buy the collapsed online furniture retailer for £3.4m ($3.9m).
FRP Advisory has been installed as administrator to the Wasps Rugby Football Club, a two-time European champion. The group has been suspended from England’s rugby union top-tier after falling into administration in October.
Schiphol Airport (NL) has selected McKinsey & Company, BCG, and PA Consulting as its consultants for strategic issues. Eleven strategic consultancies pitched for the tender contract with the Netherlands’ main international airport, with the three winners familiar – and previously trusted – names by Schiphol’s management ranks.
The FT reports that “Deloitte has overhauled its leadership in the UK, replacing half of the 16-person executive team, including the Managing Partner, in an unexpected reshuffle.” Eight of senior Partners will leave to make room for six new ones in the leadership team, only one of whom is a woman.
The Qatar Investment Authority will increase its stake in Credit Suisse by investing alongside the Saudi National Bank. This way, up to a quarter of Credit Suisse stock will be owned by Middle Eastern investors.
Bloomberg reports that Shell is targeting potential M&A activity in Australia in a plan to become an integrated energy provider in the region.
Bain & Company enters into a strategic partnership with and makes an investment in Sylvera, a leading carbon ratings platform which focuses on strengthening the transparency of carbon markets worldwide, boosting accountability and credibility through proprietary analytics and independent ratings to carbon projects.
The NBA has created a new PE division as it looks to expand its presence as a strategic investor in sport startups.
After its recent expansion into France, Metyis (Netherlands-rooted) enters the Italian market, which helps to grow Metyis’ presence to 14 offices in 9 countries, most of which in Europe, and signals further development in the area.
Inverto opens two new offices in Germany, its home market. Founded and still headquartered in Cologne, about a third of the firm’s 400 employees are based in its Cologne and Munich offices.
A&M launches A&MPLIFY. Per a press release, digital agency “helps companies create lasting, profitable relationships with their customers”, harnessing the power of design, artificial intelligence, and commerce expertise.”
EY enters in a global alliance with Shopify to “build a new market for regulated products and deliver enterprise-ready e-commerce services.”
Through a press release, Deloitte and Google Cloud “announce the most significant expansion of their alliance to date, combining Deloitte’s deep industry and domain knowledge and modern software engineering capabilities with Google Cloud’s market-leading technology to help enterprises continuously build and evolve industry-leading cloud solutions.”
UK-based Sainsbury‘s has selected Checkout.com to modernise its payment infrastructure across its brands.
CIL Management Consultants continues to expand internationally with the launch of a new office in France. The London-headquartered firm has rolled out a new location in Paris to expand its European network.
BlackRock Alternatives, through a fund managed by its Diversified Infrastructure business, will acquire Jupiter Power, a US operator and developer of standalone, utility-scale battery energy storage systems.
KPMG launch their Managed Services business in the Netherlands, hoping to focus on internal controls and risk management, financial crime, and cyber detection and incident response as a service.
Atos will be selling its Italian business to Lutech, an Italy-based provider of IT services and solutions. It recently confirmed that it has entered into exclusive negotiations with Italian IT firm Lutech to sell some of its assets in the region.
Morgan Stanley develops a new growth capital strategy that will see it invest $1bn to back companies that will cut a total of one gigaton worth of carbon-dioxide emissions by 2050, reinforcing confidence in the bank’s dedication to sustainable finance.
Ankura has launched a new cybersecurity solutions service: InterXeptor, an expert-led platform designed to provide middle-market organisations with threat detection and real-time response assistance for better prevention of cyber threats.
AMR International has been acquired by Stax, a global strategy consulting firm specialising in commercial due diligence, value creation, and exit planning. The move will enable the AMR to expand into the UK, and the wider European market.
Creative agency 23red—founded in 2000 and headquartered in London—joins Capgemini Invent. The UK-based agency mainly has clients in the public and third sectors.
UK-based Oakley Advisory has been purchased by Houlihan Lokey. The deal brings 14 professionals into the Houlihan Lokey global technology group, which has expanded significantly in the past couple of years.
Eight International launches a global forensics and dispute resolution network. The move comes as the advisory organisation aims to support its forensic and dispute resolution specialists in delivering complex cross-border projects.