Expanding its offshoring efforts, New York-based IPA 100 firm CohnReznick LLP (FY23 net revenue of $920 million) has established CohnReznick Philippines Inc.
The new affiliate entity, located about 30 miles south of Manila, currently employs 41 team members from Makati City-based Alas Oplas & Co. boasting experience in the affordable housing, consumer, hospitality, manufacturing and distribution, financial services and not-for-profit sectors. CohnReznick partner James Matzdorff, who has been working with the Philippines team members for about five years, has been tapped to manage the Philippines operation and will be the primary U.S.-based contact for the new team. Together with the employees of CohnReznick Professional Services PVT Ltd. in Chennai, India, CohnReznick’s offshore team now includes nearly 800 professionals.
“The one-firm, integrated approach our U.S. and offshore teams employ enables us to be more collaborative in serving clients and providing innovative solutions,” says COO Mark Hooley. “We are excited to bring our new Philippines-based team into our global CohnReznick community and look forward to the contributions they will make today and in the future.”