Sia Partners announces further business expansion in Japan
Sia Partners announces the opening of their third Asian office in Tokyo. With over 35 consultants in Asia, Sia Partners is currently servicing clients from the financial and insurance sectors and covers as well digital transformation projects.
“This opening meets two demands. The first is to provide our western clients with support in the development of their regional operations as the Japanese market requires a permanent presence. The second one is to enhance the links we have already established with the biggest Japanese banks in the West. In addition, our goal is to work with 80% of global systemically important banks. Our presence in Japan is therefore essential. We have much to learn and to contribute there”, states Matthieu Courtecuisse, founder and CEO of Sia Partners.
“In the financial sector, Asia was slow to introduce new financial regulations, both in the banking and insurance sectors. However, Japan has made particular progress in this matter and is considered as a reference in the region. We have also noticed the dynamism of big Japanese companies in the region which has reinforced our development in Hong Kong or Southeast Asia”, comments Vincent Kasbi, Managing Partner, Head of Asian Operations.
“We start in Tokyo with a team of five consultants, both Japanese and Western. We aim to have a team of a dozen consultants within 18 months”, adds Vincent Kasbi.
Sia Partners in Asia has been rapidly enlarging its client portfolio - up to 15 - and forecasts more than $5M revenues in 2015.