London: Baringa Partners LLP, a specialist management consultancy serving the energy and financial services sectors, has reported 25 per cent growth in its business for the financial year that ended 31st March 2012.
Over the last 12 months Baringa Partners says it has grown to 250 consultants, and has extended its business to provide its clients with market-leading consultancy services ranging from strategic advisory through to process and IT transformation.
At the same time, Baringa Partners was recently named as the best place to work in the UK by The Great Place to Work® Institute for a third year in a row, won Energy Risk's 'Consultancy of the Year' and has been short-listed in three categories in the prestigious National Business Awards.
Mohamed Mansour, Managing Partner, Baringa Partners, said, "It has been a truly remarkable year and while we are pleased that our efforts have been recognised by external organisations, I think we are most proud of the fact that more than 90 per cent of our turnover continues to come from repeat business, which we feel is a testament to our clients' satisfaction with the professional services we have provided them, and we are very thankful for that continued trust.
"With significant regulatory change afoot in the financial markets as well as major infrastructure investments required across the energy value chain, Baringa Partners is well placed to help clients capitalise on all opportunities that emerge as the economic climate improves."
Baringa Partners believes much of its success is underpinned by its deliberate decision to make its employees the foundation of its entire business as well as its commitment to creating a positive and stimulating working environment.
Jim Hayward, Senior Partner, said, "Attracting, retaining and motivating the best people from across our core industries is fundamental to our ongoing success and will always be a major focus for us. In recent months Baringa Partners has made a number of high profile appointments to ensure that as we expand the breadth of our service offering we maintain the high quality delivery capabilities on which our reputation is built."
Senior hires in recent months include: David Hatcher as a partner within Baringa's Energy Retail and Utilities practice, with a specific focus on customer experience and analytics; James Lascelles and Colin Preston as partners to support Baringa's Process Transformation offering, Andrew Nind as Director in Energy Advisory Services and Andy Williams as a Director within the commodities team.
Mansour added, "It has been a year of incredible progress at Baringa and we have made huge strides forward in the development of our business. We are proud of our achievements to date but even more excited about what the future holds, in particular the increased range and continued quality of services we will be able to offer our clients."