US-based Teneo expands MENA footprint with new office in ADGM

By Shilpa Annie Joseph, Official Reporter
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US-based leading global CEO consulting and advisory firm, Teneo has announced the further expansion of its the Middle East and North Africa (MENA) business with the opening of a new office in Abu Dhabi Global Market (ADGM), the leading international financial center in UAE.

Teneo said in a statement that the company currently has over 40 offices around the world, including four MENA regional offices and a growing team of over 100 professionals in Riyadh, Dubai, Doha, and now Abu Dhabi.

Teneo’s unique service offering consists of Strategy and Communications, Financial Advisory, Management Consulting, Risk Advisory, and People Advisory.

“This integrated offering is singularly focused on our clients’ needs, leveraging our global expertise and unchallenged breadth of services to solve our clients’ most complex issues with a hands-on, implementation focus. Our teams are supported by a global organization and an expansive network of global senior advisors,” according to the statement.

Commenting on the opening of Teneo’s office in Abu Dhabi, Mr. Paul Keary, CEO of Teneo stated that, “Teneo has experienced exceptional growth in both the UAE and across the wider MENA region over the last ten years. We will further support our clients with continued investment in the region, through expansion of our office network and the growth of our teams across financial advisory, strategy and communications, management consulting, risk advisory, and people advisory.”

Daher Bin Daher Al Mheiri
Daher Bin Daher Al Mheiri
ADGM Registration Authority

“We are pleased to welcome Teneo, a leading global consulting firm into ADGM’s fast-growing and thriving business ecosystem. As an international financial center, ADGM offers a strong and trusted platform for global entities to access emerging markets in the MENA region and beyond. With its presence in the ADGM jurisdiction, we firmly believe that Teneo will add immense value to the financial market through its integrated offerings in financial advisory and restructuring, strategic communications, risk, and management consulting, and is now further positioned to broaden their reach in the region. As we anticipate the needs of our growing business community, it is vital to continue offering them a robust, progressive, and business-friendly ecosystem to thrive in.”

Mr. Nick McDonagh, Head of Teneo Middle East, noted that, “Teneo has had a strong presence in the UAE and the wider region for over a decade. During this time, we have experienced dynamic business growth and mutually rewarding and committed client relationships with several leading public, private and government-related organizations.”

“The UAE has provided Teneo with a unique gateway to the wider region where we now have sizeable and growing teams operating in Riyadh and Doha, alongside our teams in Dubai and Abu Dhabi. Our enhanced regional footprint and combined regional team of over 100 professionals will allow us to further accelerate our continued investment and growth across our five integrated service offerings,” Mr. McDonagh added.

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