Russell Reynolds Associates opens Dubai office
Russell Reynolds Associates has opened an office in Dubai, located at the Dubai International Financial Centre (DIFC).
Stephan Schönwälder, who has extensive experience in the Middle East, is managing director at Russell Reynolds Associates and Area Manager for Dubai.
He said, "The Middle East continues to play a key strategic role for many of our clients, most major multinationals and world banks. The region has considerable potential. Many of the Gulf States are successfully expanding their range of economic activities – moving away from oil toward promising sectors of the future such as tourism and hospitality, financial services and telecommunications. We advise companies and institutions in the region on all talent issues across all industries, with our wide-ranging executive search knowledge and international and local expertise.”
Clarke Murphy, CEO of Russell Reynolds Associates, said, "Our firm was first in our industry to establish a Middle East Practice, and we remain unique with dedicated consultants based both inside and outside of the region. Our Dubai office is another important step in the global expansion of Russell Reynolds Associates.”
The Dubai office will be tightly integrated with the firm’s Middle East desk in London. Senior members of this desk are Mat Green and Lamees Al-Ashtal, who have a combined 45 years of executive search experience.
The company started doing business in the Middle East in 1975. The firm now has 46 offices in 26 countries spread across Europe, Asia, North and South America and the Middle East.