Press release
Munich/Zurich – Jan. 31, 2020 – Bain & Company has appointed Dirk Vater to lead its Financial Services Practice in Europe, the Middle East and Africa (EMEA). He assumed his new management responsibility on Jan. 1, 2020.
Mr. Vater, a partner in Bain & Company’s Frankfurt office, has more than 25 years of international consulting experience. He has led the firm’s Banking Practice in Germany, Austria and Switzerland since 2014 and, in that time, helped to triple practice area revenues as well as the number of partners. He brings extensive transformation experience in the domestic and foreign financial services industry to his new role with expertise in international digitalization for major financial institutions.
“For years, Bain & Company’s work with banks and insurers has been a major contributor to the firm’s above-average growth, and Dirk is one of our most accomplished experts in this area,” said Domenico Azzarello, regional managing partner for EMEA. “He has a strong track record in the financial services sector and has earned a high level of trust with both his clients and colleagues. I am convinced that he will continue to build on Bain & Company's strong position in the industry.”
As regional practice head, Mr. Vater will work with leading financial institutions across EMEA to help them navigate an increasingly disruptive environment. He will also be responsible for business and client development, as well the management of the practice’s consultants and professional staff.
“The challenges banks and insurers face are unique, especially in Europe,” said Mr. Vater. “Given the low interest rate environment, the still fragmented, and therefore small, national markets and the widely outdated IT, financial service providers in Europe face enormous challenges. Cross-border consolidations as well as huge transformation programs will be the result.”
Mr. Vater is a graduate of the University of Mannheim, where he received a degree in business administration. He earned his PhD in business administration from the University of Chemnitz.
A proposito di Bain & Company
Bain & Company è l’azienda di consulenza globale che aiuta le aziende change-makers più ambiziose a definire il proprio futuro. Con 65 uffici in 40 paesi, lavoriamo insieme ai nostri clienti come un unico team con un obiettivo condiviso: raggiungere risultati straordinari che superino i concorrenti e ridefiniscano gli standard del settore. L’approccio consulenziale di Bain è altamente personalizzato e integrato e, grazie alla creazione di un ecosistema di innovatori digitali, assicura ai clienti risultati migliori e più duraturi, in tempi più brevi. Il nostro impegno a investire oltre 1 miliardo di dollari in 10 anni in servizi pro bono mette il nostro talento, la nostra competenza e le nostre conoscenze a disposizione delle organizzazioni che affrontano le sfide di oggi in materia di istruzione, equità razziale, giustizia sociale, sviluppo economico e ambiente. Fondata nel 1973 a Boston, in Italia ha celebrato il trentennale nel 2019: la sua approfondita competenza e il portafoglio di clienti si estendono a ogni settore industriale ed economico e in Italia la rendono leader di mercato.
Per maggiori informazioni: www.bain.it