BIZ BUZZ: Fil-Am takes charge of Bain & Co.
Bain & Co., a large international consulting firm spread across 40 countries, has recently been running into some good fortune: double-digit growth and “rapid development” of its services, particularly on the digital side.
For a company that has been existing for more than half a century, it seems not an easy feat, especially with a constantly changing clientele.
This now begs the question: Who’s in charge?
Well, for the past six years, it has been Filipino-American Manny Maceda, who was Bain’s worldwide managing partner and CEO from 2018.
After Maceda’s stint, during which Bain saw “a period of accelerated expansion and investment,” he was appointed chair of the management consulting firm.
“Under Manny’s leadership, Bain saw an extended run of double-digit growth and rapid development of the range and scale of its capabilities in serving our clients,” Christophe de Vusser, current Bain president and CEO, said in a statement on Monday.
Maceda holds an M.S. in Management from MIT Sloan School of Management, a B.S. in Chemical Engineering (magna cum laude) from Illinois Institute of Technology, and an honorary Doctor of Business Administration from De La Salle University.
During his leadership, Bain’s team doubled in size and launched new technology, including artificial intelligence-related services.
Bain also credits Maceda, son of the late Sen. Ernesto Maceda, for the company being recognized as the Best-led US Company and the 17th Best Place to Work by job search platform Glassdoor.
Maceda also went beyond Bain and straight into sustainability and social impact: in 2024, the company invested more than $1.1 billion in pro bono consulting work, fulfilling one of Maceda’s goals for the company.
Perhaps it will be even bigger this time around.
