Teneo, the global CEO advisory firm, has expanded its Financial Advisory business with the launch of a Capital Projects & Infrastructure (CP&I) division in the Middle East, marking a significant step in its global growth strategy.
The Teneo CP&I business will advise clients across the construction, real estate development, and capital projects sector from offices in Abu Dhabi and Dubai in the UAE, Riyadh in the Kingdom of Saudi Arabia, and Doha in Qatar.
This includes offering independent and specialist advice on all aspects of capital projects ranging from feasibility studies and project initiation, program planning and procurement, PMO function, PPP/PFI and project financing, claims, and change management (including delay and quantum claims), project governance and controls, and project reviews and operational performance enhancement.
Daniel Butters, CEO of Teneo’s global Financial Advisory business, said that, “We are extremely excited to welcome the CP&I team to our business as we continue to expand our already successful Financial Advisory offering in the region. Stelios and the senior leadership team have a powerful proposition for the Teneo CP&I sector which is a vital sector in the region.”
“They bring deep sector experience and an independent mindset to the full range of project-related challenges including, for example, those that require private sector funding or participation and many that will require reshaping in light of ongoing macro-economic and geopolitical events. This matches perfectly with our strategy and offering for some of the region’s biggest businesses and sovereign wealth funds,” Butters added.
Stelios Trasyvoulou, Head of the CP&I team, stated that, “I am deeply honored and excited to be joining Teneo and looking forward to working closely with the talented and experienced leadership team. Our vision is to develop best-in-class CP&I advisory services and work hand-in-hand with our clients in the region to provide holistic and practical solutions to complex construction project challenges, utilizing deep sector knowledge and experience.”
