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BDO Luxembourg wants to double size in a decade
24 February 2025
Article from paperjam.lu from 24.02.2025
The head of the accounting and consulting firm BDO in Luxembourg has “ambitious goals” for the business.
Revenue at BDO Luxembourg has increased by 53% over the past five years, while its headcount has jumped by 30%. But the professional services provider is pushing for much more growth, Alain Lam, CEO of BDO Luxembourg, said in an interview last week.
Lam, who was named managing partner in September 2024, said the firm was thinking both more globally and more locally.
Targeting alternative funds and local players
The private market fund sector will be one of the “levers of growth in the coming years,” he stated. “No secret there, I think alternative assets will continue to grow in Luxembourg.” BDO can serve the alternative funds either on the audit side or can offer tax compliance, fund administration, consulting and payroll services. Lam recently joined BDO’s global private capital committee, as worldwide leaders recognise that Luxembourg “plays a key part in this sector.”