Global strategy consultancy L.E.K. Consulting opens new office in Taipei

Global strategy consultancy L.E.K. Consulting has announced the opening of a new office in Taipei, which becomes its eight office in Asia-Pacific.

The new hub in Taipei marks a significant step in L.E.K. Consulting’s continued expansion across the region, and comes in response to growing demand for the firm’s expertise in areas such as strategy, transactions, organisation, performance improvement, and innovation.

“Opening an office in Taipei represents an exciting milestone for L.E.K. Consulting and demonstrates our ongoing commitment to expanding our presence in Asia-Pacific,” said Stephen Sunderland, Partner and Head of the Asia-Pacific region at L.E.K. Consulting.

In its early stages, the Taipei office will focus mainly on the financial services sector, with is one of the firm’s largest areas of work both in Asia-Pacific and globally.

“The launch of our Taipei office marks an exciting expansion for L.E.K. Consulting as we continue to strengthen our financial services practice across Asia-Pacific,” said Justin Tan, Partner and Head of the Financial Services practice in Asia-Pacific. “Taiwan is an important financial hub in the region.”

Leading the new office is Joseph Huang, who has been hired from another management consultancy firm, where he spent almost 20 years based in Singapore, Hong Kong and Taiwan. He advises clients on strategy, post-merger integrations, compliance and performance management, with a strong emphasis on leveraging data analytics to enhance customer segmentation, product innovation, channel management and risk management.

“Joseph’s extensive experience and deep expertise in banking and risk management will enable us to deliver even greater value to our clients. His leadership will be instrumental in helping financial institutions navigate an increasingly complex and data-driven landscape,” said Tan.

According to recent research from L.E.K. Consulting, the financial services industry is currently facing unprecedented disruption through the convergence of several transformative forces, including technology, innovation and strategic consolidation. The firm’s leaders noted that L.E.K. Consulting is well-positioned to assist clients in addressing such challenges and opportunities head-on, and in helping them achieve lasting results.