Gilles Vaqué new Managing Partner of French consulting firm PMP
French consulting firm PMP has a new boss at its helm. Gilles Vaqué, one of the co-founders of the consultancy, has been named Managing Partner, succeeding Gilles Martin, who remains a Senior Partner at the firm and will focus more on client work and innovative offerings.
Performance Management Partner, known as PMP Conseil in France, was founded in 2003 by among others Gilles Martin and Gilles Vaqué, both former consultants of KPMG. Under Martin’s direction, PMP has grown into a team of around 80 consultants, of which 12 partners, based in offices in Paris, Brussels, Casablanca and Montreal. PMP works across five main sectors: telecom, digital, transport, energy, media and culture – particularly in telecom and the digital / technology sectors the firm builds on a strong track record. Among its telecom clients are players such as SFR, Orange, Fnac Mobile, Bouygues Telecom and UPC, while its digital team has helped both the French government as well as local municipalities with their digitisation strategies and programmes.
Following a fourteen year reign, in October Martin decided to pass on the firm’s leadership to Gilles Vaqué (42), who has been tasked with continuing the firm’s growth trajectory. Vaqué takes responsibility for PMP’s full operations, from business development and client management to resourcing, professional development of consultants and thought leadership.Vaqué, who started his career in Silicon Valley after graduating from Télécom ParisTech, one of France’s top engineering schools, brings with him several years of leadership experience at PMP. In 2010, he led the launch of PMP’s first international office in Casablanca, after which he successfully repeated the trick for the opening of offices in Brussels (2015) and more recently Montréal (2016). Based in Paris, Vaqué aims at spending half of his time managing the firm’s footprint, with the other half dedicated to client engagements. He also holds a postgraduate degree (‘diplôme d'études approfondies’; DEA) in Industrial Economics from Paris-Dauphine University.
The new Managing Partner himself specialises in the telecom and utilities industries, helping clients realise their strategic, operating model, performance improvement and digital demands. Asked about his ambitions for the coming years, Vaqué previously in French media stated that the firm aims to reach hundred employees by the end of next year, however “growth is not an objective in itself.” He added, “The growth we achieve will be the consequence of our success in staying and becoming a trusted advisor in all our sectors and functional areas we serve.”
Just two weeks ago, PMP added its 12th partner to its leadership ranks. Marie-Sophie Houis-Valletoux, a former PwC consultant, has been tasked with growing the firm's Banking & Insurance and Healthcare practice – she is based in PMP's Paris office.
Vaqué's predecessor Gilles Martin remains committed to the privately-held partnership he co-founded, and will transition to a more client-facing role. He will in addition spend more time on YouMeo, a subsidiary business launched by PMP that provides clients more blended consulting solutions at the intersection of management, creative, design thinking and innovation. Among the services YouMeo offers are business acceleration, startup and corporate venturing, design sprints and war gaming.
Earlier this year in France, Emerton, a Paris headquartered management consulting firm, bolstered its senior team with the appointment of executive consultants François Louisin (a former partner at A.T. Kearney and Oliver Wyman) and Jérôme Colin (formerly Roland Berger and OC&C Strategy Consultants).