Aurecon expands Asia footprint with key new appointment

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New managing director appointment for Aurecon in key strategic Asian growth market.

International design, engineering and advisory company Aurecon has appointed Dr Olivier Petit as its new managing director, growth and strategy for Asia. Petit will be based in Hong Kong and report directly to Stephane Asselin, chief executive of Aurecon Asia.

The senior appointment aligns with Aurecon’s overall growth strategy and complements its continued expansion across Asia. As countries navigate their economic recovery from Covid-19, many governments, especially in Asia, are turning to infrastructure investments as a catalyst, thereby fuelling the growing appetite for infrastructure in the region and Aurecon clearly hopes to capitalise on this trend.

Alongside this, Asia is home to more than half of the world’s population, which brings greater demand for urban infrastructure and sustainability solutions and thus, say the company, exciting growth opportunities for Aurecon.

In his new role Petit will be responsible for advancing Aurecon’s strategic agenda and spearheading new initiatives and areas of business growth. This includes expanding into new countries, markets and business lines, as well as identifying and structuring opportunities for strategic partnerships and merger and acquisitions.

Given his previous success in developing and executing global growth strategies for large and complex organisations, as well as his experience across multiple industries, Petit is seen as someone who can enable Aurecon to better capture opportunities across this dynamic region.

Commenting on the appointment, Stephane Asselin, Aurecon Asia chief executive, said: “Asia is a key growth market for Aurecon and I am delighted to welcome Olivier to the company. His strong track record and deep industry connections will position us well to identify new markets, promising mergers and acquisitions and build win-win partnerships in Asia. This appointment reflects our ambitions to increase our investment activities and expand our footprint.”

Olivier Petit said: “Asia is a thriving hub of opportunities and will likely remain the epicentre of economic activity in years to come. I am thrilled to be joining an innovative and progressive business like Aurecon at a time when Asia is undergoing an exciting phase of development. I look forward to collaborating with my diverse and talented colleagues to secure long-term value and sustainable business growth, as well as to sharpen our offering for our clients.”

Before joining Aurecon, Petit was the strategic initiative director, Asia Pacific at Egis, where he led Egis’s M&A strategy to grow the company’s footprint and operations across the Asia Pacific region. He also expanded Egis’s regional business in the Middle East and helped to shape many iconic projects there. In the early stages of his career, Petit held several leadership positions at Saman Corporation in South Korea and Algeria, as well as at Danu Architects & Engineers.