Bain & company expands middle east presence with launch of the dubai office
Bain & Company, the global business consulting firm, officially announced today the opening of its 38th worldwide office in Dubai. The Dubai office will be the operating nexus for Bain’s operations in the Middle East. The opening of the Dubai office is in response to the firm’s growing roster of clients in the Middle East market, including local companies, multinational corporations, family-owned conglomerates and private equity funds.
“Opening an office in the Middle East is a natural step in our continuing expansion in the GCC and Egypt,” said Steve Ellis, Bain & Company worldwide managing director. “We have been working with companies in the region since the mid-90s and have a strong client base and local knowledge. Opening our office in Dubai is an important milestone in our commitment to the region.”
Bain & Company Middle East, Inc. will be under the leadership of Jean-Marie Péan, who after several years of working closely with clients in the region becomes managing director for Bain in the Middle East. A veteran Bain & Company partner and leader in the firm’s Global Organization Practice, Mr. Péan brings both an established track record of leading successful Bain teams and of successfully launching new offices for the firm, having opened the Bain Brussels office in 1990 and leading the Paris Office until 2001. Mr. Péan is joined by two senior partners, Julien Faye, Head of the Middle East Financial Services and Private Equity Practices and Naji Sourati, Head of the Middle East Telecommunications, Media and Technology Practice. Together, the Middle East team brings a strong complement of business consulting skills in strategy, organizational development, performance improvement and mergers and acquisitions for industrial, telecommunications, financial services, private equity, utilities, petrochemicals, consumer goods, retail and real estate industries.
“Bain has had the privilege of working with some of the leading companies in the region, helping generate enduring business results while strengthening our client teams,” said Jean-Marie Péan, managing director Bain & Company Middle East. “We are building a strong track record of results for our clients and solid relationships. Our Middle East office will allow us to better serve the growing needs of the region. I am confident that with our teams’ passion for results, global capabilities and expertise, we will help create outstanding success stories for our clients in the Middle East.”
The Bain office is located at Dubai World Trade Centre, Level 16, Sheikh Zayed Road.