McKinsey & Company to add 250 employees in Costa Rica

25 July 2017

McKinsey & Company has announced plans to expand its Costa Rican operation with 250 new positions at its office in San José. The new staff will join the over 700-strong McKinsey capital city office – which recently received a visit from the Costa Rican President, Luis Guillermo Solís.

As the consulting industry in Costa Rica undergoes a period of growth, professional services firm McKinsey & Company announced plans to expand its operation in the Central American nation’s capital of San José with the hiring of 250 new workers. The company opened its first office in the country in 2010; in early 2018, McKinsey plans to open an expansive new state-of-the-art facility in Lagunilla, Heredia.

Costa Rica has seen modest economic growth over recent years, and the country, which is one of the world’s ‘happiest’ places to live according to Gallup-Healthways’ ‘Global Well-Being Index’, saw the trend continue with economic growth of 4.2% in 2016. Costa Rica has increasingly drawn the interest of global consultancy firms: BDO recently expanded its presence in the country with the addition of 70 employees through the acquisition of Grupo Camacho, while there is speculation that shaken IBM would move a number of jobs to India and Costa Rica, after cutting 5,000 jobs in 2016.

UK-based engineering consultancy Mott MacDonald has, meanwhile, been selected to design the masterplan for a future international airport in Orotina, Alajuela, Costa Rica. The firm has completed a year-long feasibility study to accurately forecast future air travel demand in Costa Rica, and is in the process of designing and engineering the future Orotina airport that will replace aging Juan Santamaría International Airport.

McKinsey & Company to add 250 employees in Costa Rica

Amid Costa Rica’s increasingly competitive consulting market, McKinsey has announced it will continue to expand its national presence in 2017, adding to its personnel base of over 700. The rapid growth of the firm in the country has boosted the range of consultancy services it can offer to the domestic and international markets – from Visual Graphics & Media and Technology & Digital to Research Analytics and New Ventures.

McKinsey plans to draw heavily from the local talent pool in order to fill the 250 openings. The expansion is part of the company’s longer-term growth plan in the region, which involves moving to a huge new office with a capacity of 1300 employees, in early 2018. As such, more job openings are likely to follow in the coming years.

Following a visit to the firm’s office by President of Costa Rica Luís Guillermo, McKinsey Senior Partner Solís Andrés Cadena commented, “We are very happy to have President Solís visit our facilities and meet our local colleagues. It’s the dedication and talent of Costa Ricans that is making our centre a success for our clients, and we look forward to continue recruiting and developing people and creating compelling professional paths for our colleagues.”

President Solís, meanwhile, praised the efforts of his administration in creating an attractive environment for business in Costa Rica: “This is the result of Costa Rica’s effort to strengthen the competitive conditions that the country needs to attract investment. This articulated work allows us to create jobs, thanks to the alliance with the productive and business sectors, which adds to the solid actions of the government to maintain a growing economy, with an active attraction of investments and the construction of public infrastructure necessary to bring optimum conditions.”

Brazilian Bain partner Mário Conde joins firm's Dutch office

11 April 2019

Mário Conde, a partner at Bain & Company in Brazil, has relocated to the Netherlands, where he has been appointed a partner in the consulting firm’s Amsterdam office.

The 36-year-old has been with the global strategy and management consulting firm since 2011, when he joined after completing his MBA at INSEAD in France. During his tenure at the firm, Conde rapidly ascended the ranks, appointed a partner in December 2017. 

Having served Bain & Company in its São Paulo and Rio de Janeiro offices, Conde has now decided to pursue his career in Europe. Commenting on his move to the Netherlands, a country of 16 million people, Stephen Bertrand, Managing Partner of Bain’s Amsterdam office, said: “We are delighted that Mário has chosen to proceed his career in Europe within our office.”

The Canadian-origin country leader added that Conde brings a wealth of relevant and valuable experience to the Dutch practice. He specializes in topics including strategy and organization, customer strategy and marketing, performance improvement, mergers and acquisitions (M&A) and corporate finance. Conde also gained extensive experience with digital transformation, in particular advanced analytics, topics.

Brazilian Bain partner Mário Conde joins firm's Dutch officeFrom an industry perspective, Conde’s work has mainly been in the financial services industry. In Brazil, he advised several large insurance companies (property, casualty, life and personal insurance, reinsurance) and other companies on insurance-related matters (healthcare, auto insurance), as well as helped dozens of banks and players in the payments space. “Mário’s experience matches closely with the type of projects we deliver in the Netherlands,” said Bertrand. 

Established in 1998, Bain’s Amsterdam office has over 140 consultants and is one of the firm’s most international across its footprint of 57 offices globally. “Located at the crossroads of Europe, and with our outstanding track record in the Netherlands, Amsterdam is an attractive place to live and work. Bain’s Amsterdam office has a long history of welcoming transfers from all over the world.” Last year the Dutch office was named the country’s best employer in a ranking based on employee feedback. 

Conde’s appointment comes shortly after Bain in the Netherlands promoted the American Kyle Weza to its partner team. Other non-Dutch partners among its 15-strong partner team include Jenny Davis-Peccoud, Anna Thal Larsen and Steven Tallman.

In other senior appointments at Bain unveiled this week, Jean-Pierre Felenbok was named Managing Partner for Southeast Asia and Peter Stumbles as Australia and New Zealand Managing Partner.