Bain UK names new Managing Partner
Date: 31-07-2007
Source: PR Newswire Europe
Bain & Company announced today the appointment of Cyrus Jilla as the new Managing Partner of the global consulting firm's operations in the United Kingdom, effective August 1, 2007.
Jilla, who joined Bain & Company in 1997 and currently leads Bain's European Consumer Products Practice, will succeed Roger Siddle, who served in the role for more than six years.
Based in London, Jilla will serve as leader of Bain's highly successful UK business that has more than doubled in size over the past five years. Jilla will continue to serve clients in his new role, while taking the additional responsibilities of UK resource deployment, business development, talent management and operations. Bain's London office has been repeatedly ranked as one of the 'Best Places to Work' in major surveys of UK and European employers.
Bain rotates the role of Managing Partner using the principle that the role exists to support and serve the Partners allowing them to focus on clients.
"We all thank Roger for his dedication to serving our partnership and his exceptional leadership over the last six years where Bain UK has expanded its long-standing client roster, and recruited outstanding talent," said Steve Ellis, Worldwide Managing Director Bain & Company. "We are delighted that Cyrus has accepted this challenge. He has demonstrated remarkable leadership and has an impressive record of delivering results for Bain's clients, both in the UK and around the world. His achievements in serving Bain clients have only been paralleled by his commitment to the advancement of our firm's strategy."
During his decade with Bain, Jilla has advised public and privately-held companies in the consumer products, luxury goods, retail, and consumer financial services industries. His experience encompasses corporate strategy, major transformations, organisation, mergers and acquisitions and private equity work. He is particularly recognised for his work in the luxury goods industry, where he has authored numerous articles on brand strategies, including: Your Brand's Best Strategy (European Business Forum), New Rules of Luxury (Harvard Business Review) and How Bigger Can Be Better (Financial Times).
Prior to joining Bain in 1997, Jilla worked for several years for Kalchas, a boutique strategy firm in London and at investment bank, Schroders, plc. He earned a Bachelor of Science in the History of Medicine, with honors, from University College London and studied Medicine at Charing Cross & Westminster Medical School.
About Bain & Company, Inc.
Bain & Company, a leading global business consulting firm, serves clients on issues of strategy, operations, technology, organization and mergers and acquisitions. The firm was founded in 1973 on the principle that Bain consultants must measure their success by their clients' financial results. Bain clients have outperformed the stock market 4 to 1. With 36 offices in 24 countries, Bain has worked with over 3,600 major multinational, private equity and other corporations across every economic sector. For more information visit: www.bain.com.
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