Azzana joins FINNEGAN
CONSEIL | FINANCE | CORPORATE
13 January 2020 – Azzana is proud to announce that we have joined Finnegan. Both Azzana and Finnegan are active in Consulting and service the same type of clients: banks, insurance companies and corporates. Yet they focus on complementary domains. Finnegan offers guidance in Compliance, Risk and Insurance. Azzana focuses on Transaction Banking and Corporate Treasury.
Together, the new group will continue to focus on the same client typology. But they will do it with a combined, transversal offering that will be positioned to answer to all financial challenges.
The group will comprise of 300 professionals, with offices in 7 countries, combining more than 40M EUR turnover. The strategy to reinforce its ‘European presence while maintaining a local footprint’ will result in the expansion towards new home countries in the near future.
According to Hugues Morel, Chairman of Finnegan, “this collaboration perfectly matches our strategy to become an independent European leader in consulting, with an ambition to guide globally active financial players in their strategic challenges. We will achieve this ambition through our network of ambassadors. Theses are the people who know us best. Our colleagues and our clients.
Our colleagues – who all share our common ambition and are prepared to go above and beyond for our clients.
Our clients – who are experiencing the changing legal and technological environment on a daily basis. They realise more than ever the challenges and opportunities this brings.
Big data, digitisation, artificial intelligence,….these are just a few areas which will trigger a disruption in our clients’ core processes and business models. With our transversal approach, Finnegan and Azzana will be able to provide the necessary clarity to this new complexity.”
Lionel Vincke, Managing Partner of Azzana, adds that “our collaboration with Finnegan will provide the means to further realise our ambition to become the global reference in Transaction Banking and Corporate Treasury. The strong presence of 99 Group in the market of Finance and Banks, combined with its geographical footprint will help us to further reinforce our position in our home markets, and continue to build our network abroad.”
This common ambition to expand abroad is a strategic alignment that both Azzana and Finnegan share. Their complementary expertise will only reinforce the group in the realisation of this geographical expansion.
Last but not least, Finnegan and Azzana share important, common cultural values. Both companies have positioned their collaborators at the core of their business. They promote the same level of entrepreneurship. They provide the necessary means to empower their colleagues to achieve their professional ambitions within this domain which they are so passionate about.
Finnegan is an acknowledged player active in consulting and strategy, management and organisation. Finnegan targets companies active in the financial domain, banking and insuring.
The group is present in France, the UK and Luxemburg. In 2018 a turnover of 27M EUR achieved. For 2019, 44M EUR has been forecasted. Finnegan consists of 250 collaborators and associates.
Azzana is a reference in Transaction Banking and Corporate Treasury. The group is based in France, Belgium and Luxemburg and has generated a turnover of 5M EUR in 2018. The company has more than 50 employees. It was founded by Lionel Vincke, Raphaël François and Michael Van Geertruy in 2013.