Laila Worrell joins Private Equity practice of BCG
BCG has appointed Laila Worrell a Partner and Managing Director in its Principal Investors & Private Equity (PIPE) practice. In her new role, Worrell, who joins from Accenture, will leverage her extensive leadership and financial industry experience to boosts the firm’s fast growing new unit, as well as provide expertise across the firm’s wider financial services practice.
Laila Worrell started her career at Accenture, taking on a variety of roles during her initial more than six years at the firm. In 2000 Worrell took on the role of Director at Imaginova, during the launch of the venture. Roughly a year later she joined Macmillan to head up the firm’s Strategy and Corporate Development department. In 2005 she returned to Accenture, climbing her way to Senior Location Managing Director of the New York Metro region. In the role Worrell led one of Accenture’s largest regional footprints in the US, further driving growth of Accenture's $13 billion business in North America. Worrell’s focus area was on the Private Equity industry, advising clients in identifying, evaluating and executing strategic investments and growth initiatives.
Worrell holds a BA in Plan II from the University of Texas at Austin, and an MBA in Business from Harvard Business School. Additional roles include Board Member of the Harvard Business School Club of New York, Board Member Women in Public Policy Program at the Harvard Kennedy School, Board Chair at Susan G. Komen in Greater NYC, Technology Sector Group Member at the Partnership for New York City Fund, and Advisory Council member at the American Museum of Natural History.
Recently The Boston Consulting Group (BCG) poached Worrell from her senior position at Accenture, to join the firm as a Partner and Managing Director in the firm’s fast-growing Principal Investors & Private Equity (PIPE) practice. PIPE was launched by the consultancy last year, with the aim of providing offerings such as investment due diligence, transformation of portfolio companies, asset strategy, and entry into new asset classes and markets, among others. The firm is reacting to a boom in the private equity market, which according to Bain & Company is booming on the back of cheap money and a strong pre-crisis legacy portfolio that is coming to term.
In her new role Worrel will provide advisory services, leveraging her more than two decades of experience, to global investment firms on due diligence and post-close transformation. In addition, Worrell will leverage her wider financial services experience to provide clients with services in growth, corporate strategy, innovation, and transformation.
Worrell says that she is “delighted to be joining BCG”, adding “I have long admired the company's exceptional work helping clients compete and win in their respective markets. I look forward to helping our clients accelerate growth and achieve market-leading performance”. Tom Reichert, BCG’s chairman of North America, comments, “Laila has had a distinguished track record of leadership and deep experience driving innovation and transformation across industries. We are thrilled to have her, and our clients will be, too.”