FS advisor Investance expands in Hong Kong & India

18 January 2013 Consultancy.uk

Investance, an international consulting firm that specializes in the financial services industry, has opened two new offices in Hong Kong and Mumbai, India. The FSI specialist is already active in both markets, due to growth of its teams it was forced to open larger offices.

Investance was founded in 2001 and from the start it had a dedicated focus on financial services. Since then, the advisory firm has grown to 300 consultants, divided over offices in 7 countries. In September 2011 it opened an office in Amsterdam, which is led by Thomas Berger.

Investance - Hong Kong


Less than a year after opening its office in Mumbai, Investance India has relocated to larger premise in the Andheri West region of Mumbai. The Indian office houses primarily consultants within the Outsourcing service line of the advisory firm. "The expansion of our team in India is in response to the growing demand for our range of specialist outsourcing services such as equity analyst research services.  Our new location will allow us to continue to expand the team and support our clients with a strong portfolio of specialist services" says Thibault Naline, Business Manager for Investance in India.

Hong Kong

In reactance to this expansion in Hong Kong  Vincent Kasbi, co-Head of Investance Asia,  says the following: "This is an extremely positive move for our team in Hong Kong, the long-term lease and improved facilities are better suited to our needs today and will help support our growth in the coming years.”


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Newcastle consulting firm opens Baghdad office

05 April 2019 Consultancy.uk

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.”