BusinessPeople In BusinessNarain appointed head of Parson

Narain appointed head of Parson

Fastest growing UK consultancy firm appoints new head of financial management group Parson Consulting

Kevin Narain has been appointed managing director of financial management
consultancy Parson Consulting, part of the AIM-listed Management Consulting
Group – one of the fastest growing firms in the UK.

The MCG, which also owns Proudfoot Consulting, was ranked 13th in Management
Consultancy’s top 75 firms list and saw it’s fee income revenues soar from £89m
in 2003 to £119m in 2004. This was mainly on the back of large contracts and
continued work on compliance such as Sarbanes-Oxley.

In addition to his new role, Narain will also continue as lead practice
director for Parson Europe. In a statement the firm said Narain’s joint position
would give him a ‘very influential role in the international growth of Parson
Consulting’.

Narain joined Parson in October 2003 from AtosKPMG Consulting where he was
director in the world-class finance group. Prior to that he spent eight years
working for the entertainment, media and communications group of Price
Waterhouse management consultancy services.

Narain qualified as a chartered accountant with the ICAEW.

Commenting on his new role Narain said: ‘This business is full of challenges
and I relish the opportunity to continue to grow this dynamic company.

‘We are currently working with 15 FTSE 100 companies, and have grown 10-fold
since we started in the UK two years ago. This is a fantastic time to take up
the helm.’

Kevin Parry, chief executive of the MCG, said: ‘Kevin has over 15 years
experience in financial management consultancy and we are delighted that he will
now lead the Parson UK practice as well as continue to oversee our delivery
capability in Europe.’

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