News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Professional Services

Accenture mulls handing Russia firm to local staff as parent pulls out

Many of the firm's 2,300 Russia staff are trying to leave the country, as the local arm of the consulting giant tries to carve out its future

Several senior leaders in Russia have approached Accenture about transferring the business to their ownership, FN learns
Several senior leaders in Russia have approached Accenture about transferring the business to their ownership, FN learns Photo: Alamy

Accenture’s Russian management is rushing to set up a local successor firm after the consulting giant said it would close down its business in the country over the invasion of Ukraine.

Accenture said on 2 March it would shut its 2,300-strong Russia business because of the “unlawful and horrific attack on the people of Ukraine and their freedom”.

WSJ Logo