Expanded Offering to Meet Growing Market Demand Across the African Continent
JOHANNESBURG, South Africa, May 18, 2015 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm dedicated to helping organisations protect and enhance their enterprise value, today announced the expansion of its Economic Consulting segment in Europe, the Middle East and Africa ("EMEA") with the establishment of a presence in South Africa. The Economic Consulting team in South Africa will focus on offering domestic and international dispute resolution services and advice in connection with economic regulation.
The Economic Consulting team in South Africa will be led by John Lisle, a Managing Director who specialises in the assessment of damages in complex commercial disputes, the application of financial and economic analysis related to regulated prices and in providing advice in the context of investigations by competition authorities. Mr. Lisle joined FTI Consulting in 2011 and relocated to South Africa in early 2015 in preparation for the launch of the firm's Economic Consulting service offering in the region.
Mr. Lisle has been providing advice to clients on issues connected with disputes and regulation for more than 25 years and has worked across a range of industries, including energy, mining, transportation, infrastructure and telecommunications. During this time, he has worked extensively across the EMEA region, including spending a significant amount of time working with clients in South Africa.
Chris Osborne, Co-Chairman of FTI Consulting's EMEA region, commented, "As a global leader in the provision of accounting and economic expert witness services, FTI Consulting aims to have a presence in major markets, including Africa, whose economies are expanding rapidly and are increasingly identified as a destination for investment. Simultaneously, the growing maturity of these markets is being accompanied by increasingly sophisticated approaches to economic regulation. Our clients both locally and globally, wanted us there and we are responding. We look forward to growing with Africa."
Mr. Lisle will divide his time between FTI Consulting's two offices in South Africa, which are located in Johannesburg and Cape Town. Commenting on his new role, Mr. Lisle said, "On both a professional and a personal level I am delighted to lead the expansion of our Economic Consulting service offering into South Africa. The local and regional markets are developing at great pace and FTI Consulting is able to provide the highest quality advice based on our global expertise and experience. We are looking forward to developing long-lasting relationships with clients, both large and small, in the years to come."
The new service offering marks an addition to FTI Consulting's existing capabilities in South Africa. The firm currently offers specialist Strategic Communications services in South Africa, providing clients with the full spectrum of financial and corporate communications, investor relations, reputation management and public affairs advice.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,400 employees located in 26 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The Company generated $1.76 billion in revenues during fiscal year 2014. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.