Oliver Wyman is part of the Marsh & McLennan Companies (MMC), a global professional services network with brands and affiliates in more than 100 countries. The largest component of Oliver Wyman Group is Oliver Wyman, a management consulting business which has more than 7,000 professionals working out of offices in 70 cities spread across some 30 countries. Oliver Wyman Group also includes NERA Economic Consulting, CAVOK aviation consulting, and the brand and innovation consultancy Lippincott.

The firm's consulting services cover sectors including automotive, aviation, aerospace and defense, communications, energy, media, financial services, industrial products and services, health and life sciences, public policy, retail and consumer products, and surface transportation. Its capabilities include digital, corporate finance and restructuring, operations, organizational effectiveness, risk management, strategy, and sustainability. Clients include numerous Global 1000 companies, more than 80 percent of the world's largest 100 financial institutions, and heads of Fortune 1000 companies.

Strategic move of our India operations and wind-down of Korea operations
India – Given the geographic proximity, growing economic & client linkages, complementary practice focus areas, staffing opportunities, and business investment capacity, the move from our Asia-Pacific operations to Middle-East & Europe operations (effective 1 Jan 2021) supports our India market growth plans and in best position to thrive in coming years.

Korea – Oliver Wyman’s global strategy calls for concentration of force so we can take on the biggest client problems where we choose to play. This means that we need to make trade-offs around our growth investment strategy. While we have built a good reputation and a great team, we have been unable to achieve the required scale and level of profitability, and there are other areas of our business globally and regionally that offer growth opportunities that fit better with the firm’s strategy.

This overall allow us to further concentrate our resources and investment in our other APR Markets - SEA, Greater China, Australia, and Japan - which we remain highly committed to growing across our existing Financial Services, Consumer Industrial Services, and Health & Life Sciences Industry practice presence.

Within that, recent notable build efforts in Greater China (ie Automotive & Manufacturing Industries (AMI) and Oliver Wyman Digital (OWD) practices), and SEA (Malaysia and Indonesia market based resource presence) provide insight into this expansion commitment.