Zanders to launch Nordics operations
Zanders will be helping corporations and financial institutions in the Nordics with treasury, corporate finance and risk management services and solutions
Zanders will be helping corporations and financial institutions in the Nordics with treasury, corporate finance and risk management services and solutions
Zanders, the treasury and risk management, treasury technology and corporate finance firm, has opened offices in Denmark and Sweden to strengthen operations in the Nordics.
Heading up activities in the new office will be René Andersen (Head of Nordics) and Job Wolters. Andersen is a Danish native and has a profound international experience both within investment banking and financial consulting, specifically in treasury and risk management. Wolters is Director at Zanders with over ten years of experience and is highly specialized in treasury and risk management and has previously assisted in developing the firm’s Swiss office.
Zanders currently operates from four European offices (Bussum in the Netherlands, Brussels, Zurich, London) and recently opened an office in New York.
The firm has been working for many years with several corporations and financial institutions in the Nordics. “The Nordic market is very interesting for us, because of the seamless match of people, culture and business compared to our home-market. We are very much looking forward to expand our Nordic market presence as well as meeting new finance professionals in the Nordic region,” explains Sander van Tol, Partner at Zanders.
Among the companies Zanders works with are the likes of cigarette giant British American Tobacco, Dutch maritime multinational Boskalis, coatings and specialty chemicals company AkzoNobel, telecom company Türk Telekom, equipment manufacturer Johnson Controls International, and pharma firm Sanofi.
Challenged with disruption from new technologies, increasing regulatory intricacies and an exclamation for greater financial transparency, companies all over the world are seeking ways to fix and enhance their finance operations. This is lifting demand for external support, with finance & risk consulting among the faster growing service lines in the Nordics, mirroring developments seen elsewhere across Europe.
The move comes at a time when the Nordic consulting industry is seeing a period of strong growth. Spending on consultants grew by 6% in 2017, and growth accelerated last year to over 7%. Sweden’s €1 billion+ consultancy landscape covers the lion’s share of the region’s spend, followed by Denmark at roughly €800 million.
The Nordic market’s business culture and market size are very similar to Zanders’ current home markets. Most importantly, the treasury and risk management expertise is well developed and highly integrated in the firm’s business strategies. This has helped the firm to develop a solid and proven track record – something that has benefitted all clients.
Maximizing visibility and automation with a Centralized Treasury Solution will be vital for matured markets like Nordics.