Three Top China Executives Depart Consulting Firm Control Risks
- Foreign professional services firms struggle in Asian nation
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Control Risks has seen all three of its partners in mainland China depart or plan their exits over the past year and it isn’t clear they will be replaced, a reflection of the increasingly complicated environment facing advisory firms in the world’s second-biggest economy.
The departures at the UK-based company’s China offices include Chris Torrens, the Beijing-based partner for Greater China and North Asia, who left at the start of this year, according to two people familiar with the situation who asked not to be identified discussing personnel issues. Torrens is now a managing director focusing on China issues at APCO Worldwide LLC.