Top consultant Walid Fayad is Lebanon’s Minister of Energy and Water

Top consultant Walid Fayad is Lebanon’s Minister of Energy and Water

In September, Lebanon’s political class finally put political bickering aside to install a new government, with the nation still in the grip of a severe economic and energy crisis. Helping address these challenges at the cabinet’s heart, long-time strategy consultant Walid Fayad has been installed as the country’s new Minister of Energy and Water.

Having picked up a Masters in Environmental Engineering from the Massachusetts Institute of Technology in 1997, it is perhaps not surprising Walid Fayad soon found his way into the professional services world. Massachusetts is the spiritual home of American strategy consulting, with some of the world’s top firms including Boston Consulting Group, Bain & Company and Arthur D. Little having been established in Boston – and still being headquartered there.

Fayad joined McKinsey & Company – the only member of the MBB not to be headquartered in Boston – and soon became an Associate, before exiting in 2002 to join Booz Allen Hamilton. Rising to the rank of Executive Vice President, he founded the consultancy’s MENA business during his 15-year stay with the firm.