NY-OLIVER-WYMAN

Oliver Wyman, the international management consulting firm, is pleased to announce that Nick Studer will become Managing Partner of its Consumer & Industrial Value Transformation Practice as of January 1, 2016. Based in London, Studer led Oliver Wyman’s Financial Services practice since 2012. He will remain on the Oliver Wyman Executive Committee, and will continue to report directly to Oliver Wyman President and Chief Executive Officer Scott McDonald.

Studer joined the firm in 1997 and assumed leadership of the Financial Services business in 2012. His consulting work has spanned front- and back-office issues facing financial services firms, including public policy, strategy and financial planning, risk management, and cost management. In his new role he will oversee Oliver Wyman’s extensive global consulting activities across a broad range of businesses, including in retail and consumer packaged goods, business and consumer services, and communications, media, and technology. He has worked predominantly in London and New York, and has experience in major centers across North America, Europe, and Asia.

Nick helped to found, and now sits on the board of TheCityUK, which supports the promotion of the UK's Financial and Professional Services industries.

"Nick is a trusted advisor to the world’s leading banks and regulators, on strategy, risk management, finance, and operational issues, and his experience spans the globe. In his new role, Nick will provide excellent leadership for our client work with a diverse set of B2B and B2C clients, and for Oliver Wyman overall," said Scott McDonald, President of Oliver Wyman.

"I am honored and excited to have the opportunity to lead a dedicated and talented set of Partners and extend our abilities to help companies, industries, and the communities in which we work,” said Studer. “Our strong reputation for deep expertise, coupled with newly developing cross-industry offerings in disciplines like operations, strategic IT, procurement, and organizational effectiveness provides us with the perfect foundation to continue supporting our clients with their most challenging problems."

Studer graduated with a First Class Honors degree in Manufacturing Engineering from Cambridge University.

About Oliver Wyman

Oliver Wyman is a global leader in management consulting. With offices in 50+ cities across 26 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm's 3,700 professionals help clients optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies [NYSE:MMC]. For more information, visit www.oliverwyman.com . Follow Oliver Wyman on Twitter @OliverWyman.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151215005678/en/

Contact:

For Oliver Wyman:
EMEA
Julia Klein, +44 20 7852 7372
Julia.klein@oliverwyman.com
or
Americas
Elisabeth Egan, +1 617 424 3721
elisabeth.egan@oliverwyman.com

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