BrazilOliver Wyman boosts regional energy practice with two partners
Oliver Wyman has strengthened its regional energy practice with the recruit of experienced consultants Andrew Horncastle and Nadim Haddad in Dubai.
Global management consultancy Oliver Wyman – which recently broke the $2 billion mark in worldwide revenues – has boosted its Middle East energy practice with two recent partnership hires; Andrew Horncastle, who leads the firm’s energy business in the Middle East and Africa, and Nadim Haddad – with both new partners crossing from Strategy&. The appointments follow four end-of year partnership elevations made in the firm’s Dubai and Istanbul offices.
“We are delighted to welcome our new Partners who will further strengthen our energy practice in the Middle East and Africa region,” stated Oliver Wyman’s Middle East and Africa managing partner Pedro Oliveira. “Through specialised industry and functional expertise, Andrew and Nadim will bring nearly 40 years of combined experience to Oliver Wyman, as part of our commitment to the Middle East region whilst contributing to the energy agenda in particular.”
Andrew Horncastle
Joining the firm last year, Horncastle brings a decade and a half or regional energy sector experience to his new role at Oliver Wyman, having previously spent almost 14 years with Booz & Co./Strategy& – including as the consultancy’s global chemicals practice lead. In addition, Horncastle served as Strategy&’s Head of Chemicals and Downstream for the Middle East and North Africa, prior to which he spent seven years with Roland Berger in its Munich home-base.
During his career, Horncastle – who earned his MBA from Otto Friedrich University in Bamberg and has completed a fellowship programme with INSEAD – has built up extensive expertise across a range of topics from strategy, operations, M&A and integrations, and large-scale transformations, covering the upstream, downstream, chemicals, utilities and mining segments among others. He also serves as a member of Oliver Wyman’s MEA Management Committee.
“I’m proud to lead Oliver Wyman’s Energy Practice in the region and look forward to working with such a talented group of individuals to support our clients,” Horncastle stated. “The energy sector is witnessing a significant transformation in the region and globally across the integrated value chain. Oliver Wyman’s energy practice provides support for clients in upstream, downstream and chemicals, utilities equipped with the latest foresight and practical know-how.”
Nadim Haddad
The second of Oliver Wyman’s partner recruits, Haddad like Horncastle crosses after upwards of 13 years at Strategy&, where as a principal he has developed deep expertise in the petrochemicals, downstream chemicals and oil & gas, and heavy industries of the GCC – providing clients with a range of advisory services, including strategy development, large transformations, margin optimisation and on various topics in relation to operating models.
“It is a defining moment for the downstream industry as the region is looking more than ever to further capture the value of its hydrocarbon resources. I am excited to join forces with my partners in the Energy practice and support our colleagues to drive results for our clients in this important transitional phase,” said Haddad, who holds an MBA from INSEAD together with a Master’s in Engineering Management from the University of Southern California.
