BCG Builds Global Capital Markets Practice with Two Senior Hires
The Boston Consulting Group (BCG) announced that two industry experts joined the firm: Charles Teschner as head of capital markets, North America, and Will Rhode as global head of capital markets research.
These new senior appointments add a combined 40 years of industry experience to BCG’s growing Capital Markets practice, which is led by Philippe Morel, a senior partner based in London.
Teschner, who will be based in New York, brings 25 years of experience in the capital markets industry. He joins BCG from McGraw-Hill Financial, the parent company of Standard & Poors Ratings, S&P Dow Jones Indices, S&P Capital IQ, Platts, and J.D. Power and Associates, where he was the executive vice president of global strategy and corporate development. He also has 20 years of consulting experience with Booz & Company, where he led the Global Capital Markets practice.
At BCG, Teschner will lead the team advising North American capital markets institutions, bolstering the firm’s global network of senior advisors to the industry.
Rhode, who will also be based in New York, brings more than 15 years of experience in the capital markets industry. He was formerly the director of fixed income research at TABB Group, where he covered all fixed-income asset classes, global OTC derivatives reform and market structure change. Rhode will lead BCG’s capital markets knowledge team, based in New York and London, and will oversee the firm’s industry research and external publications.
“The Capital Markets practice has a significant and growing team,” said BCG’s Philippe Morel. “We are excited to further enhance our North American presence with the appointment of two experts who are highly regarded within the industry. Charles Teschner’s 25-year track record of strategic leadership for financial institutions, and Will Rhode’s deep research expertise and technical market knowledge, will be of great benefit to the capital markets clients that BCG currently advises and to those we will work with in the future.”
Tom Reichert, BCG’s chairman of North America, added “The Capital Markets practice is a key element of our growth initiatives in the region. We are extremely pleased to bring Charles and Will onto our team and look forward to the progress they will drive.”
Teschner said, “All players in capital markets — banks, nonbanks, exchanges, technology firms—face an unprecedented set of challenges and opportunities. I’m delighted to be joining the preeminent strategy firm in helping those clients refine and execute their strategies.”
Rhode added “These are some of the most important years in the history of financial markets. Never before has the industry encountered so many challenges, be they from regulation, technological change, or competition from alternative intermediaries. I am extremely excited to be joining BCG’s capital-markets team at this critical juncture to help clients better understand their choices, as well as the opportunities ahead.”