Four new Middle East Partners for PwC Advisory and Strategy&

18 December 2017

Global professional services firm PwC has at the start of its current financial year promoted four professionals in the Middle East to Partner level. Homyar Buhariwalla and Jawad Khan both sit within PwC Advisory, operating in the Consulting and Deals practices respectively, while Frederic Ozeir and Marwan Bejjani both serve Strategy&, PwC’s strategy consulting outfit.

The promotions of the four senior advisors are part of a wider promotion round at PwC Middle East, which saw 13 new Partners join its partnership, taking the total number of Partners in the region up to 220. Together, they lead a workforce of around 4,200 people across offices in Libya, Egypt, Lebanon, Palestine, Jordan, Iraq, Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates (UAE) and Oman. 

According to Hani Ashkar, a Senior Partner at PwC Middle East, the newly elected partners bring with them a broad range of skills and experiences, reflecting the firm’s commitment to meeting the ever-evolving needs of its clients. “Together, they reflect a new wave of dedication and commitment to delivering above and beyond results that will help us ensure continued success for our clients, our business and the wider Middle East economy.”

Among the new Partners are four professionals that serve PwC’s advisory and consultancy business.

Buhariwalla, Jawad Khan, Frederic Ozeir and Marwan Bejjani

Homyar Buhariwalla has been with the consulting arm of PwC since 2008, when he joined from Hewitt Associates (currently Aon Hewitt – the HR consultancy arm of Aon). At the Big Four firm, Buhariwalla, who is based in the UAE, ascended through the ranks from Manager to most recently Director. In the summer of this year he was promoted to Partner – he specialises in large scale business transformations, performance improvement, project management and digital, serving both the public and private sector in the MENA region.

After spending six years in London with, Jawad Khan relocated to PwC’s office in Dubai in 2011, at the time serving as a Manager in the firm’s Debt & Capital Advisory service. Following a one and a half year spell as Group Head of Finance at Bukhatir Group, with 5,000 employees one of the larger conglomerates in the UAE active in a variety of sectors, Khan re-joined PwC in February 2015 in the role of Director. Kan has over 15 years of experience capital advisory services including strategic and financial reviews, debt restructuring, refinancing, capital raising, as well as in the execution of turnaround management plans. Khan currently leads the PwC Debt & Capital Advisory offering (part of the Deals business unit) line across the MENA region.

Frederic Ozeir has been with Strategy&, formerly Booz & Company, since 2005, remaining faithful to the the strategy consultancy following the acquisition by PwC. He is a member of the firm’s Energy, chemicals, and utilities practice in the Middle East. Ozeir, who holds a master’s degree in management from HEC Graduate School of Management in Paris and a bachelor’s degree in economics from Saint-Joseph University, specialises in corporate strategy development, mergers and acquisitions, and operating model design. 

Following roles at Goldman Sachs and Lebanese group Dar Al Handasah, Marwan Bejjani joined Strategy& in 2009. He is a member of the firm’s Engineered products and services practice. Bejjani specialises in the aviation, infrastructure and construction sectors. He holds a Bachelor’s in Engineering from the American University of Beirut, a post-graduate degree from the University of California at Berkeley and an MBA from Stanford University.

Leadership additions

Last year, PwC Middle East appointed a record number of 38 new Partners, of which nine were based in PwC Consulting (Ahmad AbuHantash, Bashar El-Jawhari, Hamish Clark, Hannes Reinisch, Karl Mackenzie, Michael H Burns, Mona AbouHana, Muhannad Alqadoumi and Tim Wilson) and seven in PwC Deals (Erwan Colder, Kenny Linn, Maria Lalousis, Martin Jacobs, Nick E Robinson, Romil Radia and Thomas Emmet). 

Quote Hani Ashkar

Strategy&’s FY2016 intake of new Partners tallied nine: Amr Goussous, Hicham Fadel and Mahmoud Makki (all three focus on Communications, media and technology), Karim Abdallah and Marc-Albert Hamalian (both serve the Family businesses, investments and real estate practice), Fadi Adra and Karim Aly (focus on Public sector) and James Thomas and Raed Kombargi (both operate in the Energy, chemicals and utilities wing). 

Earlier this year, strategy consultancy The Boston Consulting Group, one of Strategy&’s main rivals together with McKinsey & Company and Bain & Company, named four new partners in the Middle East: Shelly Trench, Giovanni Moscatelli and César Sánchez (all promoted) and Arun Bruce (relocated from BCG India). Meanwhile, Oliver Wyman poached Luis Cirne from Delta Partners to joins its Communications, Media and Technology (CMT) practice, based in Dubai. 

Related: PwC Middle East grows revenue by 7% and headcount to 4,200.


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

16 April 2019

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, 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.