Carl Raning leads Oliver Wyman in Sweden and Nordics

Global management consulting firm Oliver Wyman has named a new leader for its Nordic business, with Carl Raning taking over from fellow company veteran Sean Cory.

“It is with great pleasure that I can share that Carl Raning is taking over the reins,” said Cory, who joined Oliver Wyman back in 2003 to lead and grow the business.

Cory previously was Head of KPMG’s consulting business in Sweden, and joined shortly after Oliver Wyman completed its rebranding from Mercer Oliver Wyman.

Under Cory’s leadership, the Stockholm offices has grown into a hub for the entire Scandinavian region, and has positioned itself as one of the leaders in the region’s strategy and management consulting scene. Oliver Wyman works across sectors, and competes with the likes of McKinsey, Boston Consulting Group, Strategy& and the Big Four.

New boss Raning has first-hand witnessed the firm’s growth story. He joined the consultancy in 2005 as a graduate, and climbed the ranks to become partner in 2015. Today, he works for clients in the financial services industry, with a focus on topics including finance, risk, compliance, operations, and large transformation programs.

“Carl brings a unique perspective to his work in advising senior decision-makers on pressing issues like measurement and management of financial, non-financial, and compliance risks,” said Cory.

Some of Raning’s previous project work includes the transformation of legal entity structures, operating model of risk and compliance functions, climate risk management, application of neural networks to support credit committee decision making, as well as the development of credit risk models.

In Europe, Oliver Wyman has offices in 14 countries. Globally, the firm generates revenues of $2.5 billion.