Deloitte Middle East adds 30 new partners and directors in 2018

28 November 2018 Consultancy-me.com

Deloitte has held its annual Middle East partners meeting for 2018, with the Big Four professional services firm highlighting the 30 new leaders admitted to its regional practice over the past year.

With a number of senior partners from Deloitte’s global network joining more than 175 local partners for Deloitte’s Middle East annual partners meeting for 2018, held recently in Dubai, discussions varied across a range of topics including diversity, inclusion, and strategies for increasing the number of women in leadership positions along with trends affecting the local business landscape.

In addition, the Big Four firm – which recently posted record global revenues of $43.2 billion, in part thanks to 15.9 percent growth in its Europe, Middle East, and Africa (EMEA) operations – highlighted the 30 new partners, directors and principals admitted regionally in 2018, along with the 700 new faces who now form a part of Deloitte’s network of more than 286,000 professionals worldwide.

“Deloitte hired over 700 Arab and expatriate graduates and experienced professionals in the Middle East in the last year to lead the workforce of tomorrow,” said Deloitte Middle East Chairman Herve Ballantyne, who has been with the firm in the region for more than 20 years. “We reiterate Deloitte’s commitment to diversity and inclusion. Agile working, nationalisation and gender targets continue to be priority items on our agenda.”Deloitte Middle East adds 30 new partners in 2018“Our firm has served Middle East and multinational clients in the region since 1926 and we continue to invest in people and in centers of expertise to provide the best professional services to support our clients in navigating complex market and regulatory environments, added Deloitte Middle East CEO Omar Fahoum. “We are delighted to admit over 30 internal and newly hired partners, directors and principals in 2018.”

Among recent senior appointments are new partner Mazen Pharaon, who has been brought in to head up the Deloitte’s new Digital Delivery Centre in Saudi Arabia, and Jason Riche, a long-time partner with the firm’s Canadian arm who now leads Deloitte’s local Tax Technology function as a partner based out of Dubai. In September, the firm announced four new partners to its local risk advisory practice.

The theme of this year’s partner’s meeting was ‘Forward Bound’, and in addition to inclusiveness and driving gender diversity in leadership, for which the firm is already considered a regional leader, talks focused on the business impact from local and global developments in areas such Industry 4.0, and cyber security, financial and regulatory risks, and the ongoing tax reform rolling out across the GCC.

“Deloitte works in many global markets on projects ranging from public service and reform, to talent, technology and the future of work. By sharing our skills, knowledge and experience, we believe we can make a positive contribution in these markets, including the Middle East,” David Sproul, the CEO of Deloitte UK and Northwest Europe who was in attendance said. “This is an exciting time for this market.”

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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.