EY appoints Wasim Khan as Advisory Services Leader for MENA

25 June 2018 Consultancy-me.com

Wasim Khan has been named the new Advisory Services Leader for EY’s consulting practice across the Middle East and North Africa.

Effective next week, Khan, a twenty-year employee of Ernst & Young, will lead a team of over 700 consulting professionals across the MENA region as the new head of advisory services, promoted from his current position as Deputy Advisory Leader for Africa, India and the Middle East (AIM). Khan replaces predecessor Gerard Gallagher, who will continue in the lead role for the AIM region.

Khan has been with EY since joining in 1998 as an IT consultant, eventually moving up to the position of MENA Telecommunications Sector Leader for the firm before taking on the role of Chief Operating Officer of its MENA advisory division in 2013. Prior to joining EY, Khan served as a Senior Consultant for global IT firm UNISYS, and has also been engaged for a stint with Big Four rivals PwC – following an MBA from Oglethorpe University.

EY’s MENA Chairman and CEO Abdulaziz Al Sowailim said of the appointment; “Wasim has played a key part in shaping how our advisory business looks like today, and we are delighted to welcome him as the new MENA Advisory Services Leader. For over 20 years, he has led some of our largest accounts in the public and private sector. Under his leadership, I am confident that we will continue to drive growth and innovation across our Advisory business.”Wasim Khan, MENA Advisory Services Leader - EYWith a team of over 40,000 consultants worldwide, EY’s Advisory line operates across numerous sectors, including for the Middle East core industries such as oil & gas, energy, financial services, the government and public sector, real estate, and construction, as well as technology and telecommunications – with Khan already having worked with many of the largest local telcos as EY’s regional sector leader.

“The consulting industry continues to be disrupted as regional governments and organisations operate in the Transformative Age. Companies are ignoring boundaries that once distinguished them from other industries, and we are seeing traditional players collaborating with new participants from different industries to co-create value,” Khan said in response to his appointment.

“We too are adapting the way we consult. We fully understand the value of converging with technology providers, cybersecurity technology, design agencies, data analytics experts and digital hubs… I am thrilled to lead the Advisory business in a region which continues to be recognised as one of the most innovative and dynamic in the world.”

Khan further noted the firm’s intention to continue its investment into next-gen capabilities across a number of industries, with a focus on strengthening its alliances, business models and digital, analytics and cyber agendas. Late last year, the firm unveiled an advanced multi-million-dollar cybersecurity centre in Oman to serve the MENA region, while recently EY showcased its cybersecurity expertise at an exhibition in Jordan. Previously, Gallagher, the outgoing MENA and current AIM Advisory head, has expressed why businesses in the MENA region cannot afford to ignore the wide-reaching developments in disruptive technologies such as artificial intelligence, robotics and digitalisation.

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Carlos Ghosn's daughters get their career starts in strategy consulting

16 April 2019 Consultancy-me.com

With the Ghosn affair taking yet another twist, this time concerning allegations in Oman, the world’s media remains gripped.

A highly celebrated figure in Lebanon, the case of ex-Nissan and now ex-Renault head Carlos Ghosn has captivated the media round the world, with his re-arrest and detainment in Japan on further embezzlement charges last week – this time concerning allegations in Oman – delivering the latest twist in the saga. For his part, Ghosn continues to deny the charges, labeling the latest allegations of financial impropriety as “outrageous and arbitrary”.

Much of the media fascination stems from Ghosn’s remarkable story. Born to Lebanese immigrants in Brazil, Ghosn spent much of his youth in Lebanon before moving to Paris to pursue an engineering degree – and in almost no time arriving at the very top of the global automotive industry as a feted turn-around specialist, having rescued both Renault and Nissan from probable ruin. The other factor; a cultivated lifestyle of celebrity glamour.

Front and centre in that image was Ghosn’s young family, including a son Anthony and three daughters – Caroline, Maya and Nadine – who have all grown into their own spotlight in the international business and entrepreneurial worlds. And in line with that A-list background, all three of his daughters got their career starts at the crème de la crème of the strategy and management consulting world; prestigious MBB firms McKinsey & Company and BCG.The Ghosn family affair with the international consulting sector  The eldest Ghosn daughter, Caroline, joined McKinsey in 2007 following a BA in International Relations at Stamford University – before founding professional career network Levo in 2011 with three of her McKinsey associates. Her husband, Nicholas Flanders, CEO and co-founder of carbon reduction tech-company Opus 12, (and former COO of Levo), is likewise an alumnus of McKinsey – serving for three and a half years alongside Ghosn in the firm’s New York office.

Carlos Ghosn’s second daughter got her start at Boston Consulting Group.  A regonised name in luxury fashion as the founder and creative director of Nadine Ghosn Fine Jewelry, her brand counts and Beyoncé and the recently deceased fashion icon Karl Largerfeld among its celebrity clientele. At BCG, Nadine, who also graduated Stamford, served as an associate in the firm’s luxury and consumer goods practice before joining a management programme at Hermès.

Like her eldest sister, Ghosn’s youngest daughter Maya joined McKinsey’s New York office – spending over three years there as an engagement manager before departing in 2016. Maya is now Manager, Housing Affordability for the Chan-Zuckerberg Initiative, founded by Mark Zuckerberg and Pricilla Chan to promote social equality. Incidentally, Facebook’s Sheryl Sandberg, a former McKinsey consultant, has been a mentor to Caroline and also founded Leanin.org, where Maya first started out as an intern.

Carlos Ghosn’s son Anthony – who has now been embroiled in his father’s affair with accusations of money being funneled via Oman toward his financial services start-up, Shogun (where he is CEO but has not been accused of any direct involvement) – didn’t get his break at an MBB, but his step-brother, Anthony Marshi, the son of Carlos Ghosn’s second wife Carole Nahas, is a partner with BCG in New York according to French newspaper Le Figaro.