BCG alumnus new chairman at Coca-Cola Benelux

27 February 2014 Consultancy.uk

Coca-Cola’s Benelux companies will have a new chairman by the first of March. The new chairman is the Belgium-Argentinian Juan Ignacio de Elizalde. He is stepping in the footsteps of the Dutchman Hessel de Jong, who says “on his own and after a well-considered thinking process” decided to leave the soft drink company.

Juan Ignacio de Elizalde started his career in 2000 as an advisor at the strategic consulting firm Boston Consulting Group. Two years later he switched to Coca-Cola where he occupied multiple management positions. Amongst other things, de Izalde was Director of Planning at Coca-Cola. Ignacio de Elizalde started his career at Coca-Cola in Argentina.

BCG alumnus nieuwe topman van Coca Cola Benelux

Challenge

The new Coca-Cola chairman immediately faces a huge challenge. Namely, Coca-Cola had a relatively poor year in 2013. The past year, the total turnover dropped with 2,4% to €34,1 billion and the profit even dropped with 4,5% to a little over €6,2 billion.

These subordinate performances can be attributed to diverse developments, including disappointing results in the south of Europe and developmental countries like India, China and Mexico. In reactance to this turnover drop, Coca-Cola is planning on investing more money in media-expressions and remainder marketing activities. According expectations, approximately €728 million will be provided for this.

A striking problem is present at the domestic market. More and more Americans turn away from sugared drinks. Also in Europe, including the Netherlands, this trend is visible. Now it is up to Ignacio de Elizalde to bring Coca-Cola back to its old times of glory.

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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.