NEW YORK - Tuesday, December 15th 2015 [ME NewsWire]
(BUSINESS WIRE)-- Oliver Wyman, the international management consulting firm, is pleased to announce that Ted Moynihan will assume the role of Managing Partner of its Financial Services practice effective January 1, 2016. Based in London, Moynihan will join the Oliver Wyman Executive Committee and will report directly to Oliver Wyman President and Chief Executive Officer Scott McDonald.
Moynihan joined the firm with a background in mathematics and control engineering. Over nearly two decades at Oliver Wyman, Moynihan has served the world’s leading investment banks on strategy and execution, reporting directly to their executive committees. Since the financial crisis, Moynihan has also focused on regulatory reform and restructuring, particularly in assisting banks to reposition their strategy and operations. He has also advised several policy makers, and industry and regulatory bodies.
In 2010, Moynihan was named in the prestigious Financial News 'Rising Stars' list, which identifies the brightest up-and-coming professionals in European financial services. For the past three years he has led the Financial Services Practice in EMEA.
“I believe Ted brings the vision, drive and leadership required to support Oliver Wyman in our next stage of growth,” notes Scott McDonald, Oliver Wyman’s President and Chief Executive Officer. “He has a rare command of the broad range of issues that our banking, insurance, and public sector finance clients are facing.”
“It’s a tremendous honor to take on a role leading this incredible part of our business,” Moynihan comments. “I’m very excited about our future and I will do my utmost to find ways to continue to make our business, team, and culture even stronger.”
Moynihan is a graduate of University College, Dublin, and holds a degree in Engineering from Cambridge University.
About Oliver Wyman
Oliver Wyman is a global leader in management consulting. With offices in 50+ cities across 26 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm's 3,700 professionals help clients optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies [NYSE:MMC]. For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.
For Oliver Wyman:
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Jung Kim, 646 364 8355