Roland Berger boosts senior line-up with four new members

14 April 2022 3 min. read
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Roland Berger has strengthened its senior line-up in the Middle East with four seasoned professionals: Eyad Faraj (partner), Mazen Stetie and Richard Stolz (principal), and Charles Menkhorst (senior advisor).

Eyad Faraj joins Roland Berger from outside the consulting industry. Appointed a partner in Manama, Faraj has been tasked with growing the firm’s footprint in the Bahrain market. He brings two decades of experience in investment banking, private equity, and capital markets.

Faraj most recently was a Director at Sayacorp, a Bahrain based Islamic Investment firm where he led and managed investments within consumer staples, healthcare, and education. Before that, he spent close to a decade at powerhouse investment banks Goldman Sachs and Merrill Lynch in Dubai.

yad Faraj, Mazen Stetie and Richard Stolz, and Charles Menkhorst - Roland Berger

An MBA holder from INSEAD, Faraj kicked off his career in the US at a pharmaceuticals company before relocating to Bahrain to serve Gulf International Bank.

Mazen Stetie returns to Roland Berger having previously served the strategy consulting firm for three years around a decade ago. In between, he worked as an independent consultant (among others affiliated to Roland Berger) and most recently worked for Digital14, a hi-tech player in the defense and cyber security space, where he led the financial intelligence and analytics unit over a period of five years.

His consulting track record includes delivering projects in the private and public sectors, focusing on corporate finance, investments and transformation. Prior to consulting, Stetie (a graduate of the American University of Beirut) started his career in telecom and startups.

Richard Stolz brings over a decade of management consulting in the GCC to the firm. Having started his career at Accenture in its Strategy & Consulting division in London, Stolz moved to Dubai in 2013.

During his nine years at Accenture, GRMC Advisory Services and KPMG, Stolz has advised private and public organizations on sector strategy, growth, price and fee competitiveness, forecast reviews, organisational effectiveness and customer journey experience. He focuses on clients in the tourism, travel, leisure and aviation sectors.

Charles Menkhorst, the most experienced of the quartet of new joiners, joins Roland Berger’s senior advisor network in the region, which also includes the likes of Lewis Kenney and Susanna Mason, who where welcomed earlier this year.

Menkhorst is a veteran of the Ports & Logistics industry, having most recently served as the CEO of Gulftainer, a regional container business. Before that, he was CEO of Euroports (20+ terminals across Europe) for nine years. Earlier, he spent 15 years at DHL, growing the ranks in the US and Europe before relocating to the Middle East to take the reins for the Africa, Middle East & India division of APM Terminals.

At Roland Berger, Menkhorst will provide advisory services to clients and the firm’s engagement teams in the ports & logistics sectors.

Faraj and Stetie are both member of Roland Berger’s Investor Support practice (which advises corporates and private equity clients on deal-driven growth and transactions), while Stolz joins the Regulated & Infrastructure practice.

Commenting on the additions, Rene Seyger, Managing Partner at Roland Berger in the Middle East, said: “We are excited that Eyad, Mazen, Richard, and Charles are joining us. They strengthen our knowledge and expertise and will reinforce our competences to serve our clients and their needs at the best.”

Roland Berger has been active in the Middle East for around two decades. Under Seyger’s leadership, who was installed in the top seat late 2018, the firm has booked strong growth – more than doubling its headcount.