US consulting firm Marsh & McLennan Companies (MMC) is today re-branding three business units under the name Oliver Wyman, a company that it bought in 2003.
The newly organised consulting firm expects to triple its staff in China in the next five years, with a focus on the banking, vehicle and transport industries.
'We're combining different origins of expertise, which will let us bring broader capabilities to our clients,' said Laurence Alberts.
Mr Alberts formerly served as the Asian head for Mercer Management Consulting and now oversees the regional energy practice for the combined company.
Mr Alberts said the change did not involve any layoffs or cutbacks for the business which employs about 100 staff across Asia, most of whom are in China or focused on the China business.
'This is very much about growth,' said Mr Alberts, who helped start the firm's presence in Asia in 1995.