Allen K. Merrill has joined Kurt Salmon as president of Global Financial Services with worldwide responsibility.

Positions held by Merrill throughout his career include president of CASSIS Americas and group executive and head of Global Payments Consulting at MasterCard Worldwide.

Merrill was previously a principal at McKinsey & Company, a director at Bain & Company, and head of A.T. Kearney’s Global Financial Services business.

Commenting on Merrill’s arrival to Kurt Salmon, Chiheb Mahjoub, president and CEO, said: “I am pleased to welcome Allen Merrill to Kurt Salmon. We have a strong financial services consulting practice in Europe and a growing presence in the UK market.

“His appointment provides a great opportunity for Kurt Salmon to reinforce our growth in the UK and to lead our Global Financial Services practice. I look forward to working with him.”

Merrill added: “The world’s financial institutions are still experiencing seismic changes which will alter the financial landscape permanently. Only now are some of these changes beginning to emerge. Kurt Salmon has an enviable track record of assisting companies in the sector to realign their businesses and to adapt to this changing landscape. I am delighted to be joining them.”

Source: www.top-consultant.com

Nick Stagg, who joined the group’s Board of Directors on 21 October 2009, is appointed Chief Executive of Management Consulting Group (MCG) with effect from 1 July 2010. Before joining MCG Stagg was CEO of Teather & Greenwood Holdings PLC and, prior to that, managing director of WS Atkins International PLC.

Commenting on the appointment, Executive Chairman Alan Barber said: “I am delighted that Nick is becoming Chief Executive at this time. His extensive background in managing and developing businesses which rely heavily on the motivation and talent of their employees will be extremely valuable at MCG as we move forward. As reported in March I intend to continue as Executive Chairman until the end of 2010 and will see through Nick’s induction and the merger of Ineum Consulting and Kurt Salmon Associates, before transitioning to the Non-executive Chairman role.”

MCG also reiterated its trading outlook for 2010, saying the economic climate has eased from that experienced in the middle part of 2009.

The Group said new business input booked so far in 2010 is above that for the equivalent period last year and the order book continues to trend upwards.

“Although the Group’s current trading continues to feel the effects of the recent recession, encouraging signs in our order book and pipeline are quite evident,” said Barber.

Alexander Proudfoot has significantly more leads for new business than at any stage last year, the company said. It has booked and is currently working on some sizeable projects but is finding that others in the pipeline are taking longer than expected to come to fruition. In total, input at Ineum Consulting is good even if the current performance of the French market is “patchy,” with some areas very strong and others weaker. Kurt Salmon Associates continues to trade more profitably than in 2009, leveraging its reduced cost base to good effect.

The Group said the merger of Ineum Consulting and Kurt Salmon Associates is proceeding well. The combined business will be known as ‘Kurt Salmon’ from the beginning of 2011.

Source: Top-Consultant