UK arm of Synpulse relocates in London to accommodate for growth

11 January 2018

Synpulse UK has become the latest in a succession of management consultancies to take up new office space in Britain’s capital city. The firm has moved its presence in London to the centre of the metropolis, as the consulting industry braces itself for a glut of Brexit-related work from clients in the financial district.

Part of an internationally established management consultancy, Synpulse UK is a partner of multiple keystone financial services providers in London’s City area. Since its founding in 1996, the consulting firm has been supporting financial institutions along the entire value chain: from the development of strategies and their operational realisation, to technical implementation and hand-over.

Now boasting over 300 employees, the firm aims to deliver in-depth industry knowledge to clients from offices in Zurich, Geneva, Frankfurt, Dusseldorf, Singapore, Hong Kong, New York, as well as London. In order to cater to increased demand, which the consulting industry broadly expects to spike amid anxiety regarding Brexit, the firm has expanded into a new office at 20 St Dunstans Hill, in Central London.UK arm of Synpulse relocates in London to accommodate for growthRecently, the Bank of England reinforced forecasts that as many as 75,000 jobs could exit the City following Brexit, as the financial sector bids to maintain free-trade links with the continent. As the financial services ecosystem of London weighs up its options, Synpulse’s new office positions them well to directly interact with clients in the sector. Located between Monument and Tower Hill, the office is strategically positioned minutes away from all major institutions of London’s financial industry.

The new premises are in a boutique serviced office with modern architecture and interiors inspired by nautical designs, along with panoramic views of the river Thames and the City, and were officially inaugurated with a reception for key clients and partners at the end of 2017.

Dr Alexander Cassar, who has been the Managing Director of Synpulse UK for the past two years, said, “We believe this light, modern ambiance will inspire both our employees and our clients for new achievements.”

Commenting on the new location, Synpulse Partner Berno Ullings added, “We are moving to the heart of the City to be even closer to our clients and make partnering with them even more collaborative.”

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Newcastle consulting firm opens Baghdad office

05 April 2019

A Newcastle-based consultancy has announced it will open its first office in Iraq. The news comes despite warnings that the area remains “high risk” for businesses.

16 years after the start of Operation Iraqi Freedom, the nation remains a shadow of its former self. The continued chaos wrought by the Iraq War – which eventually played a role in the rise to prominence of Daesh, further destabilising the region – means that even now, the nation’s capital is deemed to have the lowest quality of living in the world. According to a recent survey from Mercer, Baghdad ranked last overall – immediately below Bangui of the Central African Republic and Damascus in Syria – despite the other two being determined as the worst cities on the planet for personal safety.

However, as with the wider Middle East, the oil-rich state presents a lucrative destination to businesses willing to take the risk. To that end, a Newcastle recruitment consultancy has announced the opening of its first presence in Iraq’s capital city. Samuel Knight has taken the decision to open its Baghdad locale in order to grow its business in the Middle East.

Newcastle consulting firm opens Baghdad office

While businesses remain wary of the region, Samuel Knight specialises in recruiting talent in the energy and rail sectors, and in a release it said the new office would continue to focus on these areas. It will also allow the firm to make sure it abides by local compliance laws. The new location will be headed up by Haider Kadhim, Samuel Knight’s Iraq country manager, who will work as the first point of contact for clients and candidates. Representatives from the Department of Trade Industry are expected to attend a launch event for the office, which will be held this month.

Commenting on the new office,  a spokesperson for Samuel Knight said, “We probably don’t see it as a risk, but more of an opportunity, as we operate in the Middle East extensively already. We have contacts in place in the country location and with the consultants we have. We felt it was a great opportunity to expand into a country we are already doing work in. It means we have an on-the-ground team to help our clients. From our perspective, it is that we are looking to expand into new territories, but we are also supporting countries that are starting to redevelop after years of warfare.”

Steve Rawlingson, CEO at Samuel Knight, said, “Our aggressive five-year growth plan is manifesting at  an impressive rate, taking the company to exciting new territories. The team is working diligently to surpass expectations set out in the plan, and to ensure Samuel Knight is cemented as the leading global energy and rail recruitment specialist. Our Baghdad office will give us a distinctive edge over our competition and allow for more exciting business opportunities. Once the office becomes more established and client acquisition develops, we will certainly be adding more consultants and manpower in the city.”