Latest news with #FinancialAdvisory
Arabian Business
a day ago
- Business
- Arabian Business
Teneo expands regional presence with new Capital Projects & Infrastructure arm
Global advisory firm Teneo continues to bet big on the Middle East and has launched a Capital Projects & Infrastructure (CP&I) business in the region. The New York-based firm announced that the CP&I's launch team will be led by Stelios Thrasyvoulou, who has joined the company as a Senior Managing Director, along with nine new professionals. Stelios has over 20 years of experience in the region's construction and capital project space. He moves to Teneo from Deloitte, having spent 17 years as an executive director in a leading contracting business in the UAE and broader region. Teneo expands Middle East CP&I advisory The CP&I business will advise clients across the construction, real estate development and capital projects sector from offices in Abu Dhabi and Dubai in the UAE, Riyadh in Saudi Arabia, and Doha in Qatar. This includes offering independent and specialist advice on all aspects of capital projects, ranging from feasibility studies and project initiation, program planning and procurement, PMO function, project financing, claims and change management, project governance and controls, and project reviews and operational performance enhancement. The new CP&I team will join Teneo's regional Financial Advisory business, headed by Matthew Wilde and Elie Fakhoury, and report to Daniel Butters, CEO of Teneo's global Financial Advisory business. Butters commented: 'We are extremely excited to welcome the CP&I team to our business as we continue to expand our already successful Financial Advisory offering in the region. 'Stelios and the senior leadership team have a powerful proposition for the CP&I sector which is a vital sector in the region. They bring deep sector experience and an independent mindset to the full range of project-related challenges including, for example, those that require private sector funding or participation and many that will require reshaping in light of ongoing macroeconomic and geopolitical events. This matches perfectly with our strategy and offering for some of the region's biggest businesses and sovereign wealth funds.' Thrasyvoulou added: 'I am deeply honoured and excited to be joining Teneo and looking forward to working closely with the talented and experienced leadership team. 'Our vision is to develop best-in-class CP&I advisory services and work hand-in-hand with our clients in the region to provide holistic and practical solutions to complex construction project challenges, utilising deep sector knowledge and experience.' Teneo now has over 130 employees in the region working across five business segments – Strategy & Communications, Financial Advisory, Management Consulting, Risk Advisory and People Advisory.
Zawya
2 days ago
- Business
- Zawya
Teneo launces Capital Projects & Infrastructure business in the Middle East
Dubai – Teneo, the global CEO advisory firm, today announced a significant addition to its global Financial Advisory business with the launch of a Capital Projects & Infrastructure (CP&I) business in the Middle East. The CP&I team will be headed by Stelios Thrasyvoulou, who joins the firm as a Senior Managing Director. Stelios is a 20+ year veteran of the construction and capital project space. Prior to Teneo, Stelios was most recently with Deloitte and spent 17 years as an executive director in a leading contracting business in the UAE and broader region. In addition to Stelios, Teneo is announcing today that nine new professionals will be joining the firm as part of the launch of the CP&I business. The move represents a significant increase in presence in the region. The CP&I business will advise clients across the construction, real estate development and capital projects sector from offices in Abu Dhabi and Dubai in the UAE, Riyadh in the Kingdom of Saudi Arabia, and Doha in Qatar. This includes offering independent and specialist advice on all aspects of capital projects ranging from feasibility studies and project initiation, program planning and procurement, PMO function, PPP/PFI and project financing, claims and change management (including delay and quantum claims), project governance and controls, and project reviews and operational performance enhancement. The new CP&I team will join Teneo's fast-growing regional Financial Advisory business headed by Matthew Wilde and Elie Fakhoury and report into Daniel Butters, CEO of Teneo's global Financial Advisory business. The team will also work in partnership with Nick McDonagh, who leads Teneo's Strategy & Communications business in the Middle East as well as acting as the firm's overall regional lead. Daniel Butters said: 'We are extremely excited to welcome the CP&I team to our business as we continue to expand our already successful Financial Advisory offering in the region. Stelios and the senior leadership team have a powerful proposition for the CP&I sector which is a vital sector in the region. They bring deep sector experience and an independent mindset to the full range of project-related challenges including, for example, those that require private sector funding or participation and many that will require reshaping in light of ongoing macro-economic and geopolitical events. This matches perfectly with our strategy and offering for some of the region's biggest businesses and sovereign wealth funds.' Matthew Wilde, joint leader of the Financial Advisory team in the region, noted: 'We see the next few years as critical to the numerous capital projects being developed across the region. These projects and their sponsors require smart solutions to some very difficult issues. Stelios and the team joining is the culmination of a progressive strategic focus on the sector which started with our deep restructuring experience, moved into debt advisory and is now being strengthened with very deep construction, real estate and infrastructure sector experts with a collective experience in the CP&I space in the region of circa 100 years.' Stelios Trasyvoulou said: 'I am deeply honoured and excited to be joining Teneo and looking forward to working closely with the talented and experienced leadership team. Our vision is to develop best-in-class CP&I advisory services and work hand-in-hand with our clients in the region to provide holistic and practical solutions to complex construction project challenges, utilising deep sector knowledge and experience.' Nick McDonagh, Teneo's regional leader, said: 'We extend a very warm welcome to Stelios and the team and we are delighted to expand the range of services we can offer to our most important clients resolving some of their most challenging issues.' Teneo now has over 130 employees in the region working across the firm's five business segments – Strategy & Communications, Financial Advisory, Management Consulting, Risk Advisory and People Advisory from offices in Riyadh, Abu Dhabi, Dubai and Qatar. About Teneo Teneo is the global CEO advisory firm. We partner with our clients globally to do great things for a better future. Drawing upon our global team and expansive network of senior advisors, we provide advisory services across our five business segments on a stand-alone or fully integrated basis to help our clients solve complex business challenges. Our clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions and organizations. Our full range of advisory services includes strategic communications, investor relations, financial transactions and restructuring, management consulting, physical and cyber risk, organizational design, board and executive search, geopolitics and government affairs, corporate governance and ESG. The firm has more than 1,600 employees located in 40+ offices around the world. For more information about Teneo, please visit Contact Stephen Meahl New York +1 (212) 886-1624
Yahoo
23-04-2025
- Business
- Yahoo
SGH Wealth Management Included on USA TODAY's list of the Best Financial Advisory Firms 2025 List
LATHRUP VILLAGE, Mich., April 23, 2025--(BUSINESS WIRE)--SGH Wealth Management is honored to announce its inclusion in USA TODAY's prestigious list of the Best Financial Advisory Firms 2025. This accolade, presented by USA TODAY in collaboration with Statista Inc., a global leading statistics portal and industry ranking provider, underscores SGH Wealth Management's commitment to excellence in financial advisory services. The full awards list was announced on April 23rd, 2025, and is available on The Best Financial Advisory Firms 2025 awarded the top registered investment advisory (RIA) firms in the United States based on two dimensions: Recommendations from Financial Advisors, Clients, and Industry Experts: An independent survey gathered recommendations from over 30,000 individuals, including clients, industry experts, and financial advisors, who identified commendable RIA firms. Development of Assets Under Management (AUM): Publicly available data was analyzed to assess both short-term (12-month) and long-term (5-year) AUM growth. Established in 2005, SGH Wealth Management is an independent registered investment advisor specializing in fee-based fiduciary early retirement planning and investment management. Serving clients nationwide, the firm focuses on cost-effective strategies and wholistic advice. Their team includes experienced professionals, such as Chartered Financial Analyst (CFA) charterholders and Certified Financial Planner™ (CFP®) Certificants, dedicated to delivering personalized, transparent financial solutions. "We are ecstatic to be recognized on USA TODAY's list of the Best Financial Advisory Firms 2025," said Sam G. Huszczo, CFA, CFP®, founder of SGH Wealth Management. "This honor reflects our unwavering commitment to providing transparent, client-focused financial guidance and reinforces our mission to help clients invest smarter and retire better." Learn more at: View source version on Contacts SGH Wealth Management Sam Huszczo, CFA, CFP 248-731-0029 info@
Daily Maverick
22-04-2025
- Politics
- Daily Maverick
Shivambu under fire after visit to fugitive ‘prophet' Shepherd Bushiri in Malawi
uMkhonto Wesizwe party secretary-general Floyd Shivambu was fraternising with fugitive and self-proclaimed prophet Shepherd Bushiri in Malawi this weekend, where Bushiri and his wife fled after appearing in South African courts on charges of fraud and rape. As South Africa awaits the appeal process outcome to continue its extradition efforts, uMkhonto Wesizwe (MK) party secretary-general Floyd Shivambu's visit to Malawi and public association with Bushiri this weekend at Bushiri's Enlightened Christian Gathering (ECG) Church sparked outrage, with the Justice Ministry condemning Shivambu's action. Comrade Floyd Shivambu 🫡 #bushiri — Shepherd Bushiri (@psbushiri_) April 19, 2025 Self-proclaimed prophet Bushiri fled South Africa in 2020 while facing charges that included rape and fraud. His and his wife's departure from South Africa was described as a direct violation of their bail conditions and prompted an official extradition request to the Malawian government. During November 2020, a request was received by the department from the National Director of Public Prosecutions (NDPP) for the extradition of the Bushiris from Malawi to South Africa to stand trial on the charges. The request was subsequently delivered at the office of the Attorney-General in Malawi on 5 December 2020. The South African government has since been attempting to extradite the pair through a complicated legal process. The pair has been charged for contraventions of the Financial Advisory and Intermediary Services Act, the Banking Act, the Civil Aviation Act and the Immigration Act. 'Undermining the credibility of our judiciary' Terrence Manase, spokesperson to the Minister of Justice and Constitutional Development, told Daily Maverick that Shivambu's association with a known fugitive, as a public figure and representative of a political party in Parliament, sent a concerning message about the integrity of South Africa's justice system. 'Such actions risk undermining the credibility of our judiciary and may inadvertently portray the system as weak, an impression that stands in stark contrast to the strength and resilience of our legal institutions,' Manase told Daily Maverick. The ministry sought to assure the public that it remained fully committed to ensuring that Bushiri and his wife returned to South Africa to stand trial. 'Our actions continue to be guided by legal protocols and international cooperation agreements,' said Manase. The Ministry of Justice said it was concerned that a leader of a political party represented in Parliament would publicly associate with an individual who was viewed as a fugitive from justice. This, while frowned upon, was not illegal, and the pair had not yet been convicted. Justice Minister Mmamoloko Kubayi cautioned that such conduct by a political leader not only undermined the credibility of the judiciary, but also diminished the seriousness of the charges against Bushiri. Shivambu's party distanced itself from his visit to Bushiri's church and said the visit had not been sanctioned, endorsed or initiated by the leadership or any official structure of the MK Party. The MK statement said that Shivambu, the party's secretary-general, undertook the visit in his personal capacity and without the mandate or knowledge of the party. The party indicated that the visit did not reflect the party's stance. 'We reiterate our commitment to ethical leadership and the principles of justice, and we call on all members and representatives of the MK Party to act in a manner that reflects the highest standards of responsibility and accountability.' The party did not respond to questions on whether steps would be taken to address Shivambu's action. Extradition efforts under way Following Shivambu's visit and meeting with Bushiri, the ministry said it remains committed to securing the extradition of the Bushiris after Malawi's Chief Resident Magistrates' Court ruled that the pair were eligible for extradition. But they have since filed an appeal. 'We are respecting the legal processes of the Republic of Malawi. We await the outcome of the appeal process,' Manase said when questioned about the status of the extradition efforts. The Ministry of Justice said the matter before the Malawian courts was the direct result of ongoing mutual bilateral cooperation between the governments of South Africa and Malawi. 'We continue to engage through legal channels and remain encouraged by the cooperation we have received to date,' said Manase. The ministry did not believe that Shivambu's visit to Malawi would influence the independent judicial processes. Minister Kubayi said that political leaders, like Shivambu, had a responsibility to uphold the rule of law, 'not fraternise with fugitives', as his actions emboldened those who believed they could escape accountability. However, the ministry said it would not engage with the MK Party on the matter. Fraternising In posts on Twitter/X, Bushiri jubilantly welcomed Shivambu as a businessman, politician and family man, announcing his presence on Saturday and Shivambu's support for African affairs. 'Sadly, some still peddle jealousy and negativity, labelling successful black individuals as 'corrupt' and 'must be investigated', while praising white individuals as 'investors'. That's not Pan-Africanism; that's jealousy. Let's move beyond politics of attrition,' said Bushiri. He added as a 'bonus fact' that after their meeting, Shivambu attended Bushiri's Enlightened Christian Gathering (ECG) church for a prayer session. 'I guess you could say he wanted to 'pray away' any political stress or ensure his prayers were 'politically correct'. Either way, his visit was a blessing, and we appreciate his willingness and humility to seek divine guidance,' said Bushiri. Shivambu did not respond to queries sent by the time of publication. His response will be added once received. However, he did respond to Bushiri publicly on X: 'Thank you my brother, Prophet Bushiri for hosting us and for the kind words. The government scale amount of work you do to economically, educationally, socially and spiritually uplift our people is unparalleled now and in history. 'I know that the leadership and people of Malawi appreciate and cherish the many massive programmes you do for the people on the ground. Continue doing the good work. 'The Book says, 'Kindness to the poor is a loan to the LORD, and He will repay the lender'. God Bless!' While the optics of such visits may raise concerns within public discourse, the Ministry of Justice said Shivambu's actions did not constitute direct political interference in the legal matter. 'We maintain full confidence in the independence of Malawi's judiciary and its ability to adjudicate the matter impartially,' Manase said. DM
