BrazilA&M brings in Raymond Berry to head Middle East healthcare practice
Alvarez & Marsal has expanded its Middle East senior advisory team with the appointment of Raymond Berry to head its regional healthcare practice.
Global professional services firm Alvarez & Marsal (A&M) has brought in Raymond Berry as a director of healthcare practice in the Middle East. Berry crosses after six years from Cleveland Clinic Abu Dhabi, where he supported the activation and growth as a Strategic Development Director. Earlier, he spent stints with Accretive Health and Health Business Solutions in the US, gaining over ten years of healthcare sector experience.
Earning and MBA from London Business School last year, to complement an earlier bachelor’s degree in health services administration, Berry’s experience ranges across business development, financial strategy, marketing and clinical operations, with particular expertise in market & partnership development, competitive strategy, strategic pricing, network integration, service line development and hospital activation among other areas.
Now, as the director of A&M’s Middle East healthcare practice, Berry will be tasked with providing advisory on market development, partnership agreements, contract negotiations, and revenue management to both healthcare investors and companies across the region, with a focus on developing and enabling large scale healthcare transformation projects, business model innovation, and growth strategies.
“I am delighted to welcome Raymond to our team. His cross-functional expertise is a huge competitive advantage and his extensive experience will further contribute to A&M’s market leadership in the Middle East,” said Dubai-based Alvarez & Marsal Middle East Managing Director Saeeda Jaffar. “Our clients will benefit from his insight and proficiency in this rapidly evolving space.”
Jaffar continued; “Healthcare is a clear area of investment across organisations in this region. Raymond Berry’s appointment reflects our commitment to the region and strengthening different market sectors in driving economic diversification.” According to consulting industry research firm Source Global, the pharma & healthcare was the fastest growing consulting segment in the GCC last year, up 12.6 percent to over $215 million.
PwC meanwhile, recently cited the Middle East as a potential world leader on artificial intelligence research & development for the healthcare sector. “I am thrilled to join A&M and lead the healthcare advisory business, which continues to be recognised as one of the most innovative and dynamic across the region,” said Berry. “I look forward to helping clients garner the resources they require to manage complex healthcare issues.”
According to the firm, it continues to expand its regional business operations – comprised of Disputes and Investigations, Turnaround and Restructuring, Corporate Performance and Improvement, and Private Equity and Principal Investment – with a number of senior hires made over the past year, including Pietro Castronovo, Ghazanfar Shah, Haroon Ansary, and Dina Abo-Onoq, as A&M’s chief country manager for Saudi Arabia.
