Dubai, UAE, February 11, 2015

Strategy& (Formerly Booz & Company) has appointed Tony Raphael as their new Head of the Financial Services practice in the MENA region. Mr. Raphael is rejoining the firm after having been a member of the financial services practice between 2001 and 2008.

Mr. Raphael was most recently the CEO of Arab Bank (Switzerland Ltd.) based in Geneva. He sat on the board of a number of investment funds based in the UK, Guernsey and the Netherlands.  Before that he was the Special Advisor to the Chairman of Arab Bank Plc. and a board member of Arab Bank (Switzerland) Ltd. - leading strategic transformation programs at both banks. He also held senior positions in leading financial institutions such as CIBC and Citigroup.

With over 30 years of experience, Mr. Raphael has in-depth knowledge and expertise in the financial services industry. He has led work in banking, capital markets, and insurance, dealing with clients and transactions in the Middle East, Europe, and North America.

Welcoming Mr. Raphael into the leadership team, Richard Shediac, Senior Partner and Managing Director of Strategy&'s Middle East Business said:

"We are delighted that Tony has rejoined the Strategy& family after seven years. His presence will augment our leadership team, which has been a vital contributor to our dominant position in the region. Tony's appointment underscores our robust talent strategy focused on recruiting outstanding professionals who provide exceptional value to our clients. His proven expertise and experience in leadership roles in the financial sector reaffirms our commitment to clients pursuing the region's burgeoning opportunities."

Strategy&'s team of practical strategists helps clients in all areas of financial services build their own capabilities and seize essential advantage.

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About Strategy&
Strategy& is a global team of practical strategists committed to helping you seize essential advantage. We do that by working alongside you to solve your toughest problems and helping you capture your greatest opportunities. These are complex and high-stakes undertakings--often game-changing transformations. We bring 100 years of strategy consulting experience and the unrivaled industry and functional capabilities of the PwC network to the task. Whether you're charting your corporate strategy, transforming a function or business unit, or building critical capabilities, we'll help you create the value you're looking for with speed, confidence, and impact. 

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© Press Release 2015