In the bustling world of finance and advisory, staying ahead of the curve requires a blend of strategy, innovation, and a keen eye for emerging opportunities. NEW YORK-CohnReznick LLP, a trailblazer in the advisory, assurance, and tax sectors, has taken a significant step forward in its global expansion strategy by fortifying its operations in the Philippines. This strategic move is not just a mere geographical expansion but a calculated effort to harness global talent and deliver unparalleled services to clients worldwide.
CohnReznick’s decision to grow its Philippine operations underlines its commitment to leveraging both domestic and international talent pools. By expanding their team and securing a larger office space, they are positioning themselves for future growth. This move aligns with their broader vision of integrating their U.S. and global teams to provide seamless, world-class services. The Philippines, with its rich pool of skilled professionals and strategic location, serves as an ideal hub for CohnReznick's global workforce strategy.
Since the inception of CohnReznick Philippines in fall 2023, the firm has witnessed remarkable growth. Initially, the team comprised 41 professionals specializing in diverse sectors like affordable housing, consumer, hospitality, manufacturing and distribution, financial services, and not-for-profit. Fast forward to today, the team is nearing a milestone of 100 members, showcasing a significant expansion in size and scope.
This growth is not just in numbers but also in capabilities. The Philippines team has broadened its expertise across various industries and practice areas, delivering value that resonates with CohnReznick's global standards. As James Matzdorff, Partner and primary U.S.-based contact for CohnReznick Philippines, Inc., points out, the team’s growth underscores their commitment to outstanding client service and strategic value creation.
With an eye on future growth, CohnReznick Philippines has signed a five-year lease for a significantly larger office space in Manila. This new office, situated on the 12th floor of the CTP Asean Tower, is not just a workspace; it is a testament to CohnReznick's vision for the future. The facility is equipped with state-of-the-art audio-visual equipment and spacious meeting rooms, designed to foster collaboration and innovation.
This move to a larger space is more than just about accommodating a growing number of employees. It’s about creating an environment that inspires creativity and supports the firm’s mission to deliver exceptional services. The new office symbolizes CohnReznick's commitment to its team and clients, providing a modern and efficient space that reflects the firm's forward-thinking ethos.
CohnReznick’s expansion in the Philippines is a strategic part of its global operations, which also include CohnReznick Professional Services PVT Ltd. in Chennai, India. With over 900 experienced professionals worldwide, the firm is well-equipped to meet the diverse needs of its clients. This unified approach, combining U.S. and global teams, is a key driver of CohnReznick’s success.
As Ashish Jalan, President of Global Operations, emphasizes, the impressive growth in Manila exemplifies the firm’s ability to serve clients effectively through this integrated approach. The expansion in the Philippines not only enhances CohnReznick’s service delivery but also strengthens its global footprint, paving the way for continued success and innovation.
In conclusion, CohnReznick’s expansion in the Philippines is a bold step that reflects the firm’s commitment to growth, excellence, and global collaboration. By investing in new talent and facilities, CohnReznick is poised to continue its trajectory of success, delivering world-class services to clients across the globe.
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