Mace Consult Appoints New CFO for Long-Term Growth Strategy

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Shaun Hughes, CFO at Mace Consult (Credit: Mace)
Mace Consult appoints Shaun Hughes as new CFO to drive long-term growth, as parent firm Mace rebrands its construction arm to Forco in 2027

Mace Consult has named Shaun Hughes as its new Chief Financial Officer, effective immediately. 

Shaun will oversee the company’s financial strategy and performance and will play a key part in supporting Mace Consult’s long-term growth plans, setting new standards and delivering impactful infrastructure and capital projects.

An executive with an international résumé and more than 20 years of financial experience, Shaun has worked in several finance, procurement and IT teams for companies around the world in a range of industries across Europe, Asia, the US and the Middle East.

With expert knowledge in strategy creation and practical approaches to execution and innovation, Shaun has led high-performance teams to drive impressive growth organically and via acquisitions. 

His experience also includes global leadership roles with Orora, Telstra, Elders, IBM and EBOS. 

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Key facts
  • Shaun Hughes has over 20 years of financial experience and has held global leadership roles at Orora, Telstra, Elders, IBM and EBOS
  • Mace has been operating for more than three decades, aiming to set industry standards in programme/project management, cost management, and advisory services
  • Mace employs more than 5,500 professionals worldwide
  • In 2025, Mace's revenue surpassed the US$1bn threshold
  • Mace Construct will be renamed "Forco" starting in January 2027

I look forward to helping implement Mace Consult's new growth strategy and build the brand in expanding sectors.”

Shaun Hughes, CFO at Mace Consult

Shaun’s 20 years of industry experience

Shaun’s experience in simplifying processes, setting clear targets and aligning teams around shared goals has helped global organisations increase revenue, improve operating performance and strengthen capital allocation and enterprise value.

Discussing Shaun’s appointment, Davendra Dabasia, CEO of Mace Consult, says: “We’re delighted to welcome Shaun to the business at an exciting phase of our journey. 

“As a newly independent company, we are building the senior leadership team to scale our operations, support our exceptional people and their careers, while helping clients deliver complex programmes with greater certainty.”

He adds that Shaun brings a “wealth of experience” and that he remains confident that Shaun will make “a significant contribution” to Mace Consult’s executive team as it enters the next phase of company growth.

Following Davendra’s comments, Shaun says: “Mace Consult delivers value for clients and communities across the lifecycle of public and private infrastructure and capital programmes throughout the world, and the opportunity to help create this legacy is a real privilege.

“I look forward to helping implement Mace Consult's new growth strategy and build the brand in expanding sectors.”

Davendra Dabasia, CEO of Mace Consult (Credit: Mace)

Mace’s rebranding strategy

For more than three decades, Mace has aimed to set the industry standard for programme and project management, PMO (programme management office) and project controls, cost and commercial management, advisory services and digital solutions. 

From Olympic parks, urban developments, transportation and energy to data centres, life sciences and hospital campuses, Mace aims to establish infrastructure that can withstand the test of time.

With more than 5,500 professionals across the world, Mace partners with clients to deliver projects and programmes on time, on budget and on scope. In 2025, the firm saw its revenue surpass the US$1bn threshold.

Elsewhere in the company, Mace’s construction arm (currently named Mace Construct) will be renamed Forco in an effort to realign strategies and commitments and drive productivity across the company.

Mace Construct will take on the new name in January next year.

Discussing the name change, Mark Reynolds, Executive Chair at Mace, says: “Although our name and brand are changing, the qualities that have made Mace Construct one of the UK’s most respected contractors have not: our culture, our values and the people who have underpinned our success.”

He adds that company clients can expect “the same teams, the same commitment to delivery” and the same drive to “create places and infrastructure that last”.

Mace’s key partners:

Arcadis: Mace partners with Arcadis to manage major international infrastructure initiatives, including joint delivery of New York’s Hudson Tunnel Project.
CEO: Heather Polinsky | Headquarters: Amsterdam, Netherlands

Dragados: Mace collaborates with Dragados via major construction joint ventures to deliver transformative high-speed rail stations across the United Kingdom.
CEO: Santiago García Salvador | Headquarters: Madrid, Spain

SYSTRA: Mace teams with SYSTRA to provide strategic project management, engineering supervision, and modernisation across extensive global railway transport networks.
CEO: Jean-Charles Vollery | Headquarters: Paris, France

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