NEWS
Global risk and advisory solutions company Kroll expands into South Africa
Stefan Smyth
Kroll , the independent provider of global risk and financial advisory solutions , announced it has opened a new office in Johannesburg , delivering its international restructuring expertise to South Africa . The new office is in the city ’ s Sandton financial district and forms part of Kroll ’ s wider effort to expand its services across the continent of Africa .
The Johannesburg office will be led by Stefan Smyth , Managing Director of Restructuring at Kroll , who has 15 years of experience advising companies , lenders and investors on restructuring , insolvency , and complex business situations in the African market .
Kroll ’ s team of more than 6,500 professionals worldwide continues the firm ’ s nearly 100- year history of trusted expertise spanning risk , governance , transactions , and valuation .
Paul Clark , Managing Director , and Global Head of Restructuring at Kroll , commented , “ We are delighted to officially open our new office in Johannesburg , enabling Kroll to offer a wider breadth of risk and financial advisory solutions to companies operating in South Africa and across Africa . With more international organisations , lenders and funds now operating in Africa , this new office will allow us to deliver on-the-ground expertise and better serve existing and new clients .”
Stefan Smyth , a licensed Business Rescue Practitioner , will be joined by Alison Timme . Timme will join Kroll ’ s South Africa restructuring team at the end of April as Managing Director , working with Smyth to deliver Kroll ’ s restructuring offering to the local market . Timme , also a licensed Business Rescue Practitioner with over 10 years ’ experience in Africa , will help bolster Kroll ’ s position as a trusted partner in debtor and creditor restructuring advisory services , business rescue and the provision of restructuring services .
Mike Cooke , Managing Director , and Restructuring Leader for Kroll in Africa , added : “ Kroll ’ s restructuring team has advised clients in South Africa for a few years . With increased demand for restructuring services resulting from international and domestic challenges , we are delighted to be able to enhance our offering in Africa through a high-quality local team .”
Advansys and Celfocus celebrate achieving milestones for development centre in Egypt
Advansys , a global technology solutions provider , has achieved a significant milestone with the successful establishment of a world-class development center for Celfocus in Egypt . The two companies celebrated the successful milestone in an event that was attended by distinguished guests , including the Portuguese ambassador in Egypt and the CEO of the Information Technology Industry Development Agency , ITIDA in Egypt .
Advansys ’ expertise in building development centres and providing exceptional tech talent for outsourcing has played a crucial role in making this project a reality . The center is equipped with state-of-the-art facilities and staffed with highly skilled and experienced tech talent . The partnership has created numerous job opportunities for Egyptian tech talent , reinforcing Egypt ’ s position as a hub for digital and high-end services .
The successful completion of the project is in line with Egypt ’ s goal of becoming a top outsourcing destination . This milestone is not only a win for Advansys and Celfocus but also for Egypt ’ s tech industry , as it enables the creation of job opportunities for Egyptian tech talents . This accomplishment showcases the country ’ s potential as an outsourcing hub , attracting potential clients seeking to establish development centres or outsourcing capabilities . With Advansys ’ proven track expertise , the company is well-positioned to help clients to successfully establish development centres and outsourcing capabilities in Egypt and beyond .
Advansys is a dynamic international solutions provider , passionate about building smart , modular , comprehensive , and sustainable solutions fur ’ s world of business . Advansys offers tailored solutions in different areas such as strategic outsourcing , business automation , digital transformation , and industrial automation . p
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