FTI Consulting Expands Capabilities in Saudi Arabia with Two Senior Hires
Majdi Al-Madani Joins as Senior Running Director and Raed Masri Joins as Handling Director
Riyadh, Saudi Arabia, 23 January 2023 — FTI Consulting, Inc. (NYSE: FCN) currently introduced the appointments of Majdi Al-Madani as a Senior Taking care of Director in the firm’s Forensic and Litigation Consulting segment and Raed Masri as a Taking care of Director in the Corporate Finance & Restructuring section in Riyadh, Saudi Arabia.
Mr. Al-Madani has additional than 20 decades of experience advising on forensic critiques and fraud investigations in a selection of sectors, which includes banking, money companies, authentic estate, daily life sciences, maritime, agriculture and building. He assists corporates and banking companies on fraud-linked issues, antibribery and corruption policy and strategies, and regulatory and compliance matters. Prior to FTI Consulting, Mr. Al-Madani was a companion at a global management consulting agency. He formerly held leadership roles at two Major Four corporations in Saudi Arabia and labored in compliance, audit and administration roles at major banking institutions in the region.
Mr. Al Madani will be joined by Sara Gassam, an investigations qualified who has been appointed as a Director. Ms. Gassam has nine many years of practical experience in investigations and forensic reviews from earlier roles with a Huge 4 company and an global construction disputes consultancy. She has labored with banking companies, federal government entities, multinational providers and spouse and children-owned companies in a selection of sectors, together with aviation, design, prescribed drugs and enjoyment.
“Majdi provides valuable practical experience in the complicated challenges that our purchasers encounter in Saudi Arabia, and we are delighted to have him on board to assist our advancement ambitions in the region,” stated Rory O’Brien, EMEA Head of the Forensic and Litigation Consulting section at FTI Consulting. “We continue to develop our featuring in intercontinental markets that are vital to our consumers. The arrival of proficient authorities this sort of as Majdi and Sara is dependable with that tactic.”
Commenting on his appointment, Mr. Al-Madani explained, “FTI Consulting has a very long-recognized presence in the Middle East, and I am psyched to add to the firm’s ongoing achievement as it pursues a new phase of expansion in Saudi Arabia. Companies deal with expanding regulatory and compliance strain in their endeavours to battle fraud and corruption, and I will do the job alongside my new colleagues to assist customers handle these complex worries.”
Mr. Masri is a seasoned transactions advisory qualified who delivers extra than 14 decades of expertise in invest in-aspect and market-aspect economic due diligence, valuations, fiscal feasibility testimonials, organization planning and IPO-connected get the job done. Mr. Masri’s knowledge spans a variety of nations around the world across the Center East, like Saudi Arabia, Qatar, Oman, Kuwait and Egypt. Prior to becoming a member of FTI Consulting, he was a Director at a Major Four firm.
“Raed’s arrival is an additional essential milestone in the growth of our presence in Saudi Arabia,” claimed Vikas Papriwal, Head of the Corporate Finance & Restructuring segment in the Center East at FTI Consulting. “He provides a deep knowledge of the crucial sectors in which our clientele work, including development, health care, financial services, retail, energy and logistics, and strengthens the transaction solutions that we deliver consumers across the area.”
FTI Consulting’s offerings in Saudi Arabia are supported by the firm’s wider Center East capabilities, which incorporate teams of gurus in building methods, knowledge privacy, forensic and electronic investigations, method consulting and strategic communications.
These hires abide by a sequence of senior-stage appointments at FTI Consulting in the Center East. Through 2022, the company strengthened its Forensic and Litigation Consulting segment with the addition of monetary crime industry experts Abi-gail Marshman, who joined the Abu Dhabi business office as Middle East and North Africa Head of the Economical Criminal offense exercise Dan McWilliams and Zarik Nawaz, who joined as Controlling Directors in Dubai and rising systems professional Jorge Carrasco, who was appointed as a Handling Director in Dubai. In addition, the arrival of Nilesh Ashar as a Senior Running Director and Sameep Uchil as a Controlling Director earlier this month spearheaded the development of the firm’s committed Tax follow in the United Arab Emirates.
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Resource: FTI Consulting, Inc.
