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CohnReznick LLP Accelerates Global Growth with Major Expansion in the Philippines
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Subscribe21 SEP 2024 / SERVICES UPDATES
American advisory, assurance, and tax firm CohnReznick LLP has majorly expanded its international presence via an enlarged operation in the Philippines through its affiliate, CohnReznick Philippines Inc. This forms part of their global workforce strategy and contributes to meeting a diversity of client needs across industries, indicating the success of their strategy in combining domestic and international teams.
CohnReznick LLP Accelerates Global Growth with Major Expansion in the Philippines
New York, NY – November 20, 2024 – CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, has significantly bolstered its international presence with an expanded operation in the Philippines. This move, executed through its wholly owned affiliate, CohnReznick Philippines Inc., forms a cornerstone of the firm’s global workforce strategy, aimed at integrating top domestic and international talent to deliver world-class services.
The expansion follows the establishment of CohnReznick Philippines in fall 2023, which began with 41 professionals. Over the past year, the team has grown to nearly 100 members and diversified its capabilities beyond its initial focus on affordable housing, consumer, hospitality, manufacturing, financial services, and not-for-profit sectors. This development marks a milestone in CohnReznick’s mission to provide seamless client service across industries and geographies.
James Matzdorff, Partner and primary U.S.-based contact for CohnReznick Philippines Inc., highlighted the significance of this growth: “Since the launch of CohnReznick Philippines, the team’s size and scope of services have expanded significantly. Their broadening capabilities and commitment to exceptional client service continue to drive value for our clients and strengthen our firm’s global operations.”
To accommodate its growing workforce and support future expansion, CohnReznick Philippines has secured a five-year lease for a new office in Manila. Situated on the 12th floor of the CTP Asean Tower in Alabang, Metro Manila, the facility is equipped with cutting-edge technology, modern meeting spaces, and ample room to sustain continued growth.
Ashish Jalan, President of Global Operations at CohnReznick Professional Services, commended the success of the firm’s unified approach: “The impressive growth of our Manila office is a testament to the success of our strategy in combining U.S. and global teams to serve clients effectively. I am excited to see this positive momentum continue to shape the future of our firm.”
This expansion underscores CohnReznick’s ongoing commitment to scaling its global footprint. The firm’s international team now includes more than 900 professionals, with operations in both the Philippines and Chennai, India, through its affiliate CohnReznick Professional Services PVT Ltd.
As CohnReznick continues to invest in its global workforce and infrastructure, this move not only reinforces its industry leadership but also strengthens its ability to meet evolving client needs across a wide range of sectors.
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