BOGOTA, Colombia, Oct. 2, 2013 /PRNewswire/ -- Global management consulting firm A.T. Kearney today announced a further expansion into South America with the opening of its 58th office worldwide in Bogota, Colombia. The new office reflects the growing importance A.T. Kearney's global clients are placing in Colombia as a key market itself and as a springboard for further opportunities in Latin America.
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"Colombia is very favorably positioned in the region with almost uninterrupted 4-5 percent annual GDP growth since 1982, sound economic and monetary policy, democratic stability and market-oriented policies," said Johan C. Aurik, A.T. Kearney managing partner and chairman of the board. "In recent years our business in and related to Colombia has increased to the point where it is now an opportune time to establish a formal presence consistent with our global growth aspirations."
The Bogota office will be led by Maria Eugenia Fanjul, an A.T. Kearney partner since 2008 who relocated from the firm's Madrid office. Fanjul, a civil engineer by training, joined A.T. Kearney in 1995 from the construction industry. Her consulting experience reaches across multiple industries, but has a special focus on infrastructure, transportation and healthcare throughout Spanish-speaking markets.
"This is a dynamic market with a significant number of large domestic and international companies," said Fanjul. "We see opportunities to assist our global clients and Colombian companies in numerous sectors, particularly infrastructure, oil and gas, mining, financial institutions, health, consumer products and retail."
The new office becomes A.T. Kearney's third in Latin America, joining Mexico City and Sao Paulo in a region the firm first entered in 1994.
"An expanding middle class and growing consumption patterns put Latin America front and center on the strategy agendas of many international companies," said Daniel Mahler, A.T. Kearney partner and head of its Americas region. "Expanding our footprint to Colombia gives Colombian and international companies access to our best resources from around the world as they seek to achieve both an immediate impact and lasting, growing advantage across their operations in the region."
Colombia will also serve as host to the 2014 annual CEO Retreat of A.T. Kearney's Global Business Policy Council, which will be held in Cartagena next summer. The Global Business Policy Council is composed of corporate, government and academic thought leaders who come together to discuss forward thinking, critical issues that affect the worldwide business climate. Each year the retreat is held in a different global city; the 2013 retreat was held in Marrakech, Morocco.
About A.T. Kearney
A.T. Kearney is a global team of forward-thinking partners that delivers immediate impact and growing advantage for its clients. We are passionate problem solvers who excel in collaborating across borders to co-create and realize elegantly simple, practical, and sustainable results. Since 1926, we have been trusted advisors on the most mission-critical issues to the world's leading organizations across all major industries and service sectors. A.T. Kearney has 58 offices located in major business centers across 40 countries.
SOURCE A.T. Kearney
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