Deloitte responds to increasing demand for forensic services in Saudi Arabia and the region has been saved
Deloitte responds to increasing demand for forensic services in Saudi Arabia and the region
9 April, 2015 - With Saudi Arabia increasingly becoming a power house economy in the Middle East region and a significant source of capital to support the strengthening of the global economy, the rapid development of international and domestic business and the regulatory requirements to support it have led to a growing need for a wide range of financial advisory services in the Kingdom.
To respond to this need, Deloitte Corporate Finance Limited in the Middle East has appointed Abdullah Farid Shaker as principal director of forensic and financial advisory services, based in Riyadh, Saudi Arabia.
"I am delighted to welcome Abdullah to our team, whose joining reflects the growing need for financial advisory services in the Middle East and in KSA specifically,” said Humphry Hatton, CEO of Deloitte Corporate Finance Limited in the Middle East. “Abdullah joins us from a leading investment bank and has more than 17 years professional experience mainly in compliance and regulatory matters in the banking sector in Saudi Arabia. He also worked previously at the Capital Market Authority, so can provide advice to clients with the benefit of both a regulatory and market practitioner’s perspective.”
Abdullah holds a Master's degree in Finance - Capital Markets and a Master's degree in Accounting - Forensic from the University of Illinois in 2004. In his new role, Abdullah will work in financial services regulatory advisory, forensic investigation and dispute resolution services, as well as fraud and risk management services, forensic technology, electronic reviews and certain data analytic services.
Deloitte’s financial advisory practice in the Middle East was established to offer the highest quality financial advisory services in Saudi Arabia and the Gulf with more than 200 dedicated professionals and is now one of the fastest growing financial advisory businesses anywhere in the world for Deloitte.
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Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries and territories, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte’s more than 200,000 professionals are committed to becoming the standard of excellence.
About Deloitte & Touche (M.E.)
Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu Limited (DTTL) and is the first Arab professional services firm established in the Middle East region with uninterrupted presence since 1926.
Deloitte is among the region’s leading professional services firms, providing audit, tax, consulting, and financial advisory services through 26 offices in 15 countries with more than 3,000 partners, directors and staff. It is a Tier 1 Tax advisor in the GCC region since 2010 (according to the International Tax Review World Tax Rankings). It has received numerous awards in the last few years which include Best Employer in the Middle East, best consulting firm, and the Middle East Training & Development Excellence Award by the Institute of Chartered Accountants in England and Wales (ICAEW).