Kyran McCarthy joins FTI Consulting to lead its managed services offering in Asia
HONG KONG, June 20, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the addition of Kyran McCarthy, Senior Managing Director, to the firm’s Forensic and Litigation Consulting segment in Hong Kong to establish and develop the firm’s Managed Services offering in Asia.
Organizations in Asia, facing increasing regulatory pressures, are turning to managed services as a way to outsource business processes to a third party to improve efficiency within their organization, reduce direct costs, improve risk management and free up teams to focus on core business skills.
Mr. McCarthy will help establish a managed services offering primarily focused on assisting clients with financial crime compliance, third party risk management and export controls, sanctions and trade regulations.
“Traditional business models have always come under increasing pressure, but COVID-19 has accelerated the urgency of transformation,” said Jon Rowell, head of Asia and the Caribbean at FTI Consulting. “Businesses in the region are facing unprecedented challenges, while moving towards sustainable recovery and growth. As they seek to rebuild in 2022, transformation and the ability to think differently are key. Managed services are now front and center for many boards and can be a faster and more efficient path to transformation. Kyran is renowned for his wealth of financial crime compliance experience and has a well-deserved reputation as an inspirational leader who understands how to develop strategy and build high performing, collaborative teams.
Mr. McCarthy added, “In today’s complex regulatory compliance environment, it is critical for organizations to have processes in place to effectively implement and manage critical functions and operations – a difficult goal when t is combined with the search for efficiency, meeting budgetary requirements or maintaining adequate skills. personal. FTI Consulting’s AI-powered managed services offering provides solutions for our clients to improve operational efficiency and strengthen control effectiveness through end-to-end process optimization and automation. at the end. I look forward to building on this strong foundation to expand our footprint.
Prior to joining FTI Consulting, Mr. McCarthy was a senior partner in the forensic consulting services practice of a Big Four accounting firm and was head of AML & Sanctions in Asia Pacific, where he was responsible for help strengthen financial crimes compliance and manage service offerings in Asia, with a particular focus on China.
During his career, Mr. McCarthy has led significant global and regional anti-money laundering and sanctions advisory and investigative engagements for financial institutions and regulators. He has also led several due diligence exercises on major IPO and M&A transactions in China and Hong Kong. Mr. McCarthy speaks frequently on anti-money laundering, sanctions, bribery and corruption risks at regional conferences, and conducts training for financial institutions and global regulators in all of Asia. He is also Co-Chair of the Hong Kong Chapter of the Association of Certified Anti-Money Laundering Specialists (“ACAMS”), which is one of the fastest growing ACAMS Chapters in the world.
About FTI Consulting
FTI Consulting, Inc. is a global business consulting firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, policy and regulatory, reputational and transactional. With more than 6,900 employees in 30 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The company generated $2.78 billion in revenue in fiscal year 2021. In some jurisdictions, FTI Consulting services are provided through separate legal entities that are separately capitalized and independently managed. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
FTI Consulting, Inc.
555 12e NW Street
Washington, D.C. 20004