“Completely the fitting individual”: OC appoints Infra CFO Al-Nuaimi as CEO successor to Beswick
Osborne Clarke has named his successor to Simon Beswick as CEO. In July 2021, the head of infrastructure finance and OC veteran Omar Al-Nuaimi (photo) took over the office.
After eight years in this role, Al-Nuaimi will succeed Beswick, OC’s first CEO, at the end of his tenure. The appointment was announced to the partners on Thursday (October 8th) by Núria Martín, Chair of the International Council and Managing Partner of Osborne Clarke’s Spanish offices.
Al-Nuaimi has been with Osborne Clarke for 25 years, having qualified and trained there in 1997. He has been on the UK renewable energy scene since its inception, having previously directed Osborne Clarke’s UK projects, real estate and financial practices for eight years. He was a member of the UK management team and a member of the UK Partnership Council and the International Council.
Beswick’s international role at OC began in 2000 when he became head of the company’s Silicon Valley office shortly after its inception. He was a managing partner in the UK between 2003 and 2014 and became the company’s first international CEO in 2012.
The company then had offices in the UK, Germany, Italy and Spain and, under Beswick’s leadership, continued its international expansion, opening offices in Belgium, China, France, the Netherlands, Singapore and Sweden. It also opened new US offices in San Francisco and New York and forged a relationship with BTG Legal in India.
Beswick said: ‘I have been fortunate to have led a great company for many years, helping OC build its modern, forward-thinking presence in a number of international markets and clients in the sector on a range of advisory, litigation and transactional matters to supervise.
‘Over the next few months I will help embed our customer strategy in the most important transformation topics of decarbonization, digitization and urban dynamics. These are global issues and opportunities that customers seek advice on. Covid-19 has made it clear how globally connected we all are and how important, for example, digitization is if companies are to maximize efficiency and resilience. ‘
Al-Nuaimi said: “Every market is different and every office is at a different level of maturity, but we offer our customers and our employees a unique and consistent culture. We have some really exciting plans for our next phase that focus on universal topics that our clients love to discuss with us, and I’m determined to build on whatever Simon has achieved for us and our clients. ‘
Martín concluded: “Congratulations to Omar. We believe he is absolutely the right person to build on Simon’s legacy and take our business to even greater heights. ‘
OC’s financial results were released in August and proved inconsistent as international sales rose 5% to € 318 million as profits declined in a year of investments. Nevertheless, the increase in sales of € 304 million in the previous year was positive and rose by 63% over a period of five years.