Boston: L.E.K. Consulting has named Maurício França and Paulo Vandor as partners to head the firm's operations in São Paulo, Brazil, its first office in South America.
"Thirty years ago, L.E.K.'s founders had a vision to create a global business that empowers business leaders to achieve exceptional results," said Stuart Jackson, L.E.K.'s Global Managing Partner. "Today, L.E.K. is a successful worldwide operation serving global clients. With robust demand for our consulting services in South America, we are pleased to now have a presence in one of that continent's leading business centers."
"L.E.K.'s goal is to build a long-term presence in Brazil, which represents the world's seventh-largest economy," said Peter McKelvey, President, L.E.K. Americas. "Our new leadership team will bring invaluable expertise to our clients' critical business challenges and high-value opportunities."
Before joining L.E.K., Maurício França was an investment director with EIA, a UAE sovereign wealth fund. He started his consulting career with McKinsey in Spain, and he has 15 years of experience in strategy, M&A, governance and operational improvement programs at several firms. Paulo Vandor previously worked at Monitor Brazil and has held positions at other consulting firms, serving clients in Brazil, Canada, the U.S., Europe, China and South Africa.
"Brazil is emerging as a business and investment hub in South America," said França. "Companies place a premium on the analytic rigor L.E.K. is known for so the time is right to open an office to help clients advance their strategic and growth initiatives."
"Since the Brazilian economy has stabilized, there are many untapped opportunities in this market," commented Vandor. "Within this context, business leaders need to have credible advisors to bring ideas and innovative thinking to help them solve their biggest challenges. L.E.K. is committed to the region long term, as a complement to its existing global network."