Clareo Partners, a US-based consultancy, has promoted Paul Donnellan and Satish Rao to associate partner and focused its practice on four areas, including corporate venturing.
Rao has worked at Clareo for nearly five years, including with Clareo clients BP/Castrol and Amway, and is working on the resources sector with Peter Bryant.
Donnellan has spent three years with Clareo’s clients Kraft, GE and ITW and is specialised in the industrials sector with Scott Bowman.
Both Rao and Donnellan used to work at technology company IBM’s Strategy & Change practice.
Clareo said each of its four focus areas would have at least two partners committed with Bowman and Bryant responsible for corporate venturing.
The final area, social, has Allan Platt, Rob Wolcott as its two partners.