Oliver Wyman adds senior consultants in the UK and Germany

18 August 2017 Consultancy.uk

Oliver Wyman has in recent months bolstered its senior ranks in Europe with four experienced professionals. Tom Garside and Lars Frisell joined the management consulting firm’s London office, while Mario Hörig and Lars Hoffmann have been added to the firm’s team in Germany. 

Tom Garside returned to Oliver Wyman after serving seven years as both Managing Director at Blackrock Solutions and as partner at rival consultancy The Boston Consulting Group (BCG). In his new role as a partner in the financial services practice, Garside will form the firm’s base in London and focus on finance and risk management for clients in the banking, insurance and asset management industries.

Commenting on his return to home soil, Garside said: “I’m delighted to be returning to Oliver Wyman where I built my career. Over the past few years I’ve enhanced my experience advising senior risk and business executives on embedding risk management into strategic business decisions, and I look forward to using that experience to shape Oliver Wyman’s strategy and deliver excellent client service.”

Matt Austen, who leads Oliver Wyman’s UK financial services unit, said he is delighted with the addition, stating “Tom is widely recognised as one of the leading advisors on risk and finance matters, and having known him for over 20 years I am delighted to welcome him back.” 

Lars Frisell was meanwhile appointed a Senior Policy Expert in Oliver Wyman’s Public Policy Practice earlier this year. Also based in London, the former director and advisor to the Governor of the Central Bank of Ireland works on topics ranging from financial stability and recovery and resolution challenges, to conduct supervision and financial sector authorities efficiency and effectiveness in EMEA.

Tom Garside, Lars Frisell, Mario Horig and Lars Hoffmann - oliver wyman

Frisell joined the Central Bank of Ireland in 2012 as Chief Economist and Director of Economics and Financial Stability. He previously worked as an expert and consultant for the International Monetary Fund, as Chief Economist of the Swedish Financial Supervisory Authority and as Deputy Director of Financial Stability at the Swedish Riksbank.

“I am very pleased to collaborate with Oliver Wyman, with its global presence and in-depth knowledge, and look forward to advising public sector bodies and institutions on how to strengthen the European financial system in an era of change,” said Frisell on his move, which formally went into effect in January this year.

In Germany, Oliver Wyman poached two senior figures from Milliman – Mario Hörig and Lars Hoffmann. They joined the management consulting firm as part of its ambition to enter the actuarial consulting space in the German speaking region. 

Commenting on the entry into the segment, Finja Carolin Kütz, Market Leader for Germany and Austria at Oliver Wyman, said “Companies are seeking greater guidance on capital and solvency issues from growing regulatory requirements and international accounting standards. With Lars Hoffmann and Mario Hörig, we have gained two recognised experts in the field of actuarial services, and will be able to better serve DACH customers in life insurance in the future in the quantification of risk, solvency and capital requirements as well as in the development of external market strategies in the repositioning of life insurers – a seamless expansion of Oliver Wyman’s competence in risk and capital management.” 

Prior to serving Milliman, Hoffmann worked for Big Four firms EY and Deloitte. Hörig previously worked in the Modelling team of a large German insurance group. Both consultants are member of the German Actuarial Association (DAV).


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Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019 Consultancy.uk

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.