Bain & Company launches office in Dubai

by Editor 4/8/2008 3:31:00 PM

The global business consultancy Bain & Company has announced the opening of its new, 38th international office in Dubai.

The office will be the base of operations for Bain's business dealings in the Middle East, where the company has had a growing number of clients in recent years.

Jean-Marie Péan, who has worked in the region for several years, has been appointed managing director of Bain & Company Middle East. Péan has chalked many successes with Bain for almost two decades. He opened the company’s Brussels office in 1990 and helmed the Paris office until 2001.

“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 Péan.

“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 stories for our clients in the Middle East.”

Two senior partners will join Péan in the Dubai office. Julien Faye has been appointed as the Head of the Middle East Financial Services and Private Equity Practices and Naji Sourati the Head of the Middle East Telecommunications, Media and Technology Practice.

"Opening an office in the Middle East is a natural step in our continuing expansion in the GCC and Egypt. 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," said Bain’s worldwide managing director Steve Ellis.

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