Baringa adds three directors to US energy and resources practice

Baringa, a London-headquartered management consulting firm, has added three directors to its US energy and resources practice: Ken Lesniak, Lisa Flowers, and Nina Fahy.

Lesniak and Flowers join Baringa’s Houston-based commodities trading team.

Lesniak brings nearly 30 years of experience with a focus on trading, risk management, and financial accounting. He previously spent over six years as a director in PwC US’ commodities practice within the energy and utilities sector. Before that, he was a partner in the energy and utilities practice of SunGard Consulting Services.

Flowers brings over 30 years of industry and consulting experience in energy, with expertise in trading, scheduling, risk management, hedging, and power generation. She joins Baringa from Accenture, where she spent the last seven years as an industry principal director. Before that, she was a principal consultant at The Structure Group. Earlier in her career, Flowers worked at Reliant and Enron.

Fahy joins the New York office, where she will focus on the integrated gas value chain and energy transition in support of Baringa’s due diligence and commercial advisory services offerings. Fahy has over a decade of experience in energy research, having previously served as head of North American natural gas at Energy Aspects, an industry research firm. Before that, she held roles at Pira Energy Group and Greenwich Associates.

“We are delighted to be further strengthening our North American team. These appointments reflect our commitment to expanding our presence in the region to support clients across the energy and resources value chain to navigate the transition and move towards a low carbon future,” Baris Ertan, North American energy and resources lead at Baringa, said.  

The UK firm entered the North American market in 2017 with the opening of a New York office, and launched its North American energy and utilities practice in 2019.

Baringa delivers consulting in technology transformation, data and analytics, economic advisory, supply chain, people and change, and risk and compliance, among other areas, to clients in financial services, energy and resources, retail, pharma, the public sector, and TMT. The firm has more than 1,500 people across offices in Europe, the US, Singapore, and Australia.

“It’s no secret that there’s a huge transition underway towards decarbonization and increased electrification here in the US,” said Tom Harper, head of Baringa’s energy advisory team in North America. “Our clients increasingly have global portfolios and need a consistent way of looking at power markets and appraising risk across different regions. With our projections spanning North America, Europe, and APAC, we’re able to advise our clients on a global scale so that they’re able to deploy capital effectively and maximize the return on their investments.”