Three new partners for Oliver Wyman London office

15 December 2014

Global management consulting firm Oliver Wyman has per 1 January 2015 appointed three new partners in the UK: Duncan Mills, Dimitrios Psarris and Kai Upadek.

Duncan Mills has been with Oliver Wyman since 2006, prior to that he worked at Big 4 firm KPMG in its audit practice. Mills has obtained a degree in Engineering from the University of Oxford and a degree in Engineering & Business from Princeton University. Dimitrios Psarris started his career in Greece, at Piraeus Bank, where he contributed to the design and implementation of a Basel II project. Following a spell at Colgate, working within Product Management, and a period studying at London School of Economics, where he obtained a Master in Science in Accounting & Finance, Psarris joined Oliver Wyman in September 2007.

Oliver Wyman

During his 7-year tenure at the consultancy, he focussed mainly on corporates in the banking sector, and served clients in Europe, the Middle East, Africa and North America. In recent years Psarris was also involved with the stress test programme of the European Central Bank, an initiative which was supported by Oliver Wyman and considered one of its landmark projects within the financial services domain*. The firm has been, since the outbreak of the crisis in 2008, a familiar face in the boardrooms of governments and banking institutions – in 2012 it was for instance hired by the Spanish government to test the solvability of the Spanish banking sector** and last year it served as an advisor to both the German and Dutch governments on banking reforms. Psarris also acts on behalf of Oliver Wyman as an Ambassador of One Young World, a UK-run but global forum for leaders aimed at sparking a positive change to world.

Kai Upadek has been with Oliver Wyman for a few years, in his last role as a Principal. Mills, Psarris and Upadek all focus on the financial services industry, based in London, and have been promoted to partner per 1 January 2015. “Congratulations to our new partners on this significant accomplishment,” says Scott McDonald, CEO of the consulting firm. “The partner promotions reflects our continued commitment to developing specialised expertise among our partnership to deliver success for our clients globally.”

Scott McDonald & Dimitrios Psarris

Oliver Wyman, which recently was named the #4 most prestigious consulting firm in Europe, has offices in 50+ cities across 25 countries. The firm is part of Marsh & McLennan Companies, the parent of also Mercer (HR consulting), Marsh (risk and insurance services) Guy Carpenter (risk broker), Lippincott (branding) and NERA Economic Consulting (economic consultancy).

* As part of its mandate, Oliver Wyman was tasked with managing and coordinating the baseline test of the 130 largest banks in Europe, as well as advising on a range of functional areas, such as the test method.

** The project was run together with Roland Berger and concluded that at the time Spanish financial institutions needed a €60 to €70 billion capital injection. Oliver Wyman was paid €10,5 million for its work, significantly more than was paid to other consultancies involved such as EY, KPMG, Deloitte and PwC, which split roughly €20 among themselves with the German strategy consultancy.


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Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019

Three senior level consultants have been boosted to the rank of Partner at Quantum Advisory, as the firm works to meet heightened levels of client demand. Aled Edwards, Amanda Burdge and Chris Heirene become Partners as long-time Quantum member Rob Davies retires in May after 15 years as a Partner at the firm.

Founded in 2000, Quantum Advisory provides pension and employee benefits services to employers, scheme trustees and members, with five offices across the UK. The firm has enjoyed exponential growth in recent years, following a number of major client wins and booming demand for its services. It opened a new office in Bristol in 2016 to service the South West and in 2017 relocated its Cardiff office to a larger site within the Welsh capital to house the increased workforce. More recently, Quantum relocated its Amersham, Birmingham and London offices to more spacious premises in the centre of both cities to cope with demand.

The financial services consultancy, which employs 115 people across the UK, has promoted three senior team members to Partner, as part of its wider growth plans. The firm has moved Aled Edwards from Principal Consultant & Actuary, while Amanda Burdge has ascended from Principal Investment Consultant. Chris Heirene, former IT Manager, has also joined the ten current Partners at Quantum.

Aled Edwards most recently managed the actuarial team within Quantum’s Cardiff office as well as providing technical training for all staff. He boasts more than 17 years of pensions experience. He started his career as an Actuary at Jardine Lloyd Thompson’s Bristol wing, before joining Quantum in 2011. Edwards is also the President of the Welsh Actuarial Society (WAS), which supports actuaries and actuarial students living or working in Wales.

Rapid growth sees Quantum Advisory promote trio of Partners

Amanda Burdge joined Quantum’s team in 2001, as one of the fledgling firm’s first employees. Most recently she was a Principal Investment Consultant with the firm, and with more than a quarter of a century’s experience in the sector, she is responsible for providing investment advice to many of Quantum’s key clients with both defined benefit and defined contribution schemes. Prior to her time with Quantum, Burdge spent two years as a consultant with SBJ Benefit Consultants (now Capita), and three years with Tesco Pension Trustees. She currently sits on the Regulation Committee for the Pensions Management Institute.

Chris Heirene initially worked with Quantum as an IT Consultant with Teamwork Technology Services and then UES for over five years, before finally joining the firm itself in 2011. He is now responsible for Quantum’s IT systems across all of its offices, including the network and core server infrastructure which supports the business. Heirene is heavily involved in utilising IT to improve and build upon the processes in place throughout Quantum.

David Deidun, Partner at Quantum Advisory, said of the promotions, “This is a very exciting time for Quantum. The recent round of promotions fully recognise the hard work and dedication shown by the three, all of whom go above and beyond for the company. I’ve no doubt that Aled, Amanda and Chris will settle into their new roles with ease and look forward to working together to grow Quantum even further.”

The news comes as Rob Davies retires in May, after spending fifteen years as a Partner at Quantum. A qualified actuary, Davies was instrumental in setting up Quantum’s Investment Division, specialising in aiding clients with their investment strategies. He will remain with the company on a part-time consultancy basis, while working with several clients in the Fiduciary Manager area.