Press release

10 Aug 2021 Nairobi, KE

Parthenon launches in Africa

Frank Mwiti to head East Africa

Related topics Strategy by EY-Parthenon

News release

Samantha Rech

082 493 6335

Strategy consultancy EY - Parthenon launches in Africa, Frank Mwiti to head East Africa

10 AUGUST 2021, NAIROBI, KENYA - EY has launched EY-Parthenon across Africa, in a move that brings its specialist strategy consulting arm and connected corporate and transactions strategy offering to the continent for the first time.

In East Africa, EY-Parthenon will be led by EY’s current Eastern Africa Markets Leader Frank Mwiti who has extensive experience advising Boards, CEOs, C-Suite and Government executives in Africa, UK, US, Europe and Russia.

In this additional leadership role, Frank will collaborate closely with Paul O‘Flaherty, a well-known EY business executive based in South Africa who will lead EY-Parthenon across Africa.

Prior to joining EY in June 2019, Frank spent some 20 years (including approximately 15 of those years in the UK) managing strategy, mergers and acquisitions, restructuring and transformation engagements in UK, US, Europe, Russia and Africa.

EY-Parthenon (shortened to EY-P) is one of the largest global strategy consulting organisations with more than 6,500 professionals. It is headquartered in Boston, Massachusetts and has 40 offices in 45 countries worldwide, including three in Africa; in Johannesburg, Nairobi and Lagos.

Says Frank: “Boards and CEOs must focus their maximum effort on transformations designed to break down silos, increase agility, improve innovation and leverage data to become closer to the customer in a post-pandemic world oriented to long-term value. They must therefore acquire or evolve a new DNA for this future.”

He added that before the pandemic, many organisations delayed responding decisively to new value drivers and imperatives. That is no longer an option. COVID-19 hastened the full-force arrival of trends already on the CEO agenda – from digital transformation to changes in consumer behavior to a growing focus on long-term value. The stakes are now existential: the pandemic has accelerated the trajectory of organizations, and CEOs must seize this opportunity to transform and leap ahead or risk being left behind.

Paul O’Flaherty adds: “With so much pandemic driven uncertainty in the world over the past eighteen months, nearly every organisation is now facing huge strategic challenges. The pandemic has prompted a new world to unfold at breakneck speed. Leaders are grappling with the changes to doing business such as a more distributed workforces, the rapid shift to digitisation, sustainability and challenges to supply chains.

“But these disruptions bring opportunity across Africa. African business now has a very rare opportunity to use this crisis to take a leap forward and redesign their longer-term ambitions.”

Ajen Sita, CEO of EY Africa, says: “CEOs are no longer just running companies; they are also managing complex ecosystems as the pandemic has brought home to so many businesses.

“They need to rapidly reset their strategies and implement them in double quick time. Our overarching purpose is to help business avoid the pitfalls of short termism. Business that think and plan for the long term attract the best people, the most committed investors and are the most beneficial to society.”

Frank emphasizes that businesses working with EY-P in East Africa will have access not only to African consulting expertise but also global experts from wherever they are based. In this way, EY-P will help Boards, CEOs and business leaders design and deliver transformative strategies across the entire enterprise, to help build long-term value to all stakeholders.

EY-P consults across all sectors of the economy and works with the private and public sectors. 

EY Eastern Africa Markets Leader Frank Mwiti

Notes to Editors

Frank Mwiti – Brief Bio

Frank holds executive management qualification on Strategy from MIT, has a Law degree and is a CPA.

Prior to joining EY in June 2019, Frank spent 20+ years (including 15+ in UK) managing Strategy, M&A, Restructuring and Transformation engagements in UK, US, Europe, Russia and Africa.

He began his career at PwC in 2000 and has extensive experience managing large multi-cultural teams and successfully delivering complex cross-border transformations in Banking, Private Equity, Insurance, Energy, Manufacturing, Consumer, Defense, Technology and Telecommunications. In addition, he has advised family-owned businesses and start-ups on debt and equity raising, restructuring and turnarounds. He has extensive experience formulating, negotiating and adapting business strategy to effectively manage strategic, operational, financial, legal and regulatory risks.

About EY-Parthenon

EY-Parthenon teams work with clients to navigate complexity by helping them to reimagine their ecosystems, reshape their portfolios and reinvent themselves for a better future. With global connectivity and scale, EY-Parthenon teams focus on Strategy Realized — helping CEOs design and deliver strategies to better manage challenges while maximizing opportunities as they look to transform their businesses. From idea to implementation, EY-Parthenon teams help organizations to build a better working world by fostering long-term value. EY-Parthenon is a brand under which a number of EY member firms across the globe provide strategy consulting services. For more information, please visit .