Sia Partners opens office in Tokyo, Japan, 3rd in Asia

29 May 2015 Consultancy.uk

Management consulting firm Sia Partners has opened a new office in Tokyo, Japan, to expand its presence in Asia. The Tokyo office is the third office in Asia and will allow the firm to better support its clients while building on its links with Japanese banks. The firm will start with 5 consultants with plans to increase the headcount to 12 in the coming year and a half.

Consultancy Sia Partners has since its founding in 1999 grown strongly. The management & operational strategy consulting firm, which is headquartered in Paris, now has more than 600 consultants working from its 16 offices around the world. In 2013 and 2014, the firm significantly boosted its scale and global footprint through the acquisition of the international network of Investance, adding 60 consultants in four locations: London, New York, Singapore and Hong Kong, and with the establishment of its Montreal office.

Sia Partners globally

Expansion in Japan
In line with its expansion plans in Asia, the firm recently opened an office in Tokyo, Japan, which represents its third office in Asia. The expansion results from the firm’s success in growing its Asian client portfolio up to 15, with forecasted revenues in 2015 of $5 million, and the expectation to grow the number of clients even further.

The new office will allow the firm to better service its western clients as well as build better links with Japanese banks in western countries, Matthieu Courtecuisse, Founder and CEO of Sia Partners, explains. “This opening meets two demands. The first is to provide our western clients with support in the development of their regional operations as the Japanese market requires a permanent presence. The second one is to enhance the links we have already established with the biggest Japanese banks in the West. In addition, our goal is to work with 80% of global systemically important banks. Our presence in Japan is therefore essential. We have much to learn and to contribute there.”

Matthieu Courtecuisse and Vincent Kasbi

Vincent Kasbi, Managing Partner and Head of Asian Operations, adds: “In the financial sector, Asia was slow to introduce new financial regulations, both in the banking and insurance sectors. However, Japan has made particular progress in this matter and is considered as a reference in the region. We have also noticed the dynamism of big Japanese companies in the region which has reinforced our development in Hong Kong or Southeast Asia. We start in Tokyo with a team of five consultants, both Japanese and Western. We aim to have a team of a dozen consultants within 18 months.”

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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.”