Bain & Company has announced new managing partners for its Southeast Asia and Australia and New Zealand operations.
Jean-Pierre Felenbok will become the firm’s managing partner for Southeast Asia business, replacing Satish Shankar, who was promoted to managing partner for the company’s Asia Pacific Region last month.
Felenbok was Bain & Company’s head of Jakarta office and has built the Indonesian team over the last six years. He was also responsible for launching some of the firms’ new products focused on digital transformation and adapting them to an emerging markets context.
“In his new role, Felenbok will be focused on helping to build the next chapter of enduring client success stories in the region, by focusing on transformational long-term relationships and guiding the next generation of client leaders to carry on the Bain mission of pushing our clients’ industries and our own to new heights,” Bain said in a statement.
Felenbok will also be responsible for building the firm’s internal capacities and partnership ecosystem. Bain said it aimed to become a go-to company for transformations and digital solutions in the Southeast Asia region.
“Southeast Asia is poised for tremendous growth and Jean-Pierre is the right leader to help executives navigate the complexities and challenges of operating a successful business here,” said Bain & Co Asia Pacific managing partner Satish Shankar.
Bain has also appointed Peter Stumbles as managing partner for its Australia business. He was previously the head of the firm’s financial services practice for Asia Pacific.
“Australia & New Zealand have been a key region for growth, since we first opened there 30 years ago and it’s inspiring to see how it has developed into an industry leading market around digital transformation, customer focus and innovation.” said Bain & Co worldwide managing partner Manny Maceda.
Stumbles will be responsible for leading Bain’s business across Australia and New Zealand, including overseeing its growth, strategy, talent and operations.
He replaced David Zehner, who had held the position and helped Bain nearly double its revenue and partner team for seven years. Zehner will become head of the consumer products practice for Asia Pacific.