Bain & Company names new worldwide MD

Business consulting firm Bain & Company has elected Manny Maceda to serve as the firm’s new worldwide managing director, effective 1 March, 2018.

Maceda will succeed Bob Bechek, who is currently serving his second three-year term as Bain’s worldwide managing director. He currently leads Bain’s “Full Potential Transformation” practice and is a member of the firm’s board of directors. He previously served as chairman of Bain’s Asia-Pacific region and as global leader of the performance improvement practice and the re-engineering practice. He also led the company's global recruiting programme and involved in many of Bain’s partner training programmes.

Prior to joining Bain in 1988, Maceda worked with E.I. Du Pont de Nemours in the engineering plastics group.

"At Bain’s core is our focus on helping clients achieve their full potential. For more than a quarter century, Manny has been leading our transformation work, shaping the way we partner with companies to change the trajectory of their businesses while delivering tangible and far-reaching results that last," said Bechek.

"As one of our most accomplished client practitioners and a true culture-carrier, Manny will build on our current momentum, fulfilling our mission to help our clients achieve such high levels of impact that together we set new standards of excellence in our respective industries."