Deloitte strengthens its Risk Advisory Middle East leadership team with 4 new partners
13 September, 2018 – Deloitte has admitted 4 new partners and a director in June 2018 to its Middle East Risk Advisory leadership team to continue to support its clients in building risk-intelligent organizations and transforming their risk management functions from activities focused on value protection to ones that permeate organizational efforts to create value.
Deloitte’s targeted investments in senior leadership admissions is in line with Deloitte’s belief in the long-term strategic importance and potential of the Middle East region. The new leaders will lend their international and specialized expertise to the region’s most pressing issues facing companies and the markets in the risk management space, including regulatory risk, financial risk, operational and strategic risks, and cyber-resilience.
“Deloitte’s strategy is to continue to invest in the Middle East in admitting women and men partners and leaders who bring decades of collective professional experience and expertise gathered from delivering projects in every corner of the globe. We have committed large investments in consulting, tax, risk and digital advisory offerings to attract, hire and transfer from our network a large number of senior partners to strengthen our offerings to Middle East clients. We are also building a state-of-the art Deloitte Digital Center in Riyadh to support the growing focus on digital initiatives by businesses and the public sector in Saudi Arabia and across the Middle East,” said Omar Fahoum, CEO, Deloitte Middle East.
“Today’s business environment offers many substantial opportunities but organizations stand to lose millions by not properly managing a myriad of business risks, including financial, regulatory, reputational, strategic, operational and cyber risks and uncertainties. We work with executive leadership to strengthen their understanding and oversight of their organization’s risk management initiatives and ensure that the company is taking on an appropriate level of risk that is congruent with the organization’s mission, values and culture. With a larger and more diverse Deloitte leadership team based in the region, we will continue to create and protect value for our clients and all of their stakeholders,” said Hani Khoury, Managing Partner for Risk Advisory at Deloitte Middle East.
Deloitte is one of the world’s preeminent providers of Risk Advisory services and has been named the undisputed worldwide leader in Risk Consulting, based strategy and capability by IDC and the undisputed global leader in Crisis Advisory in Financial Services, based on breadth and depth of capabilities by ALM Intelligence.
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About Deloitte & Touche (M.E.):
Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu Limited (DTTL) and is a leading professional services firm established in the Middle East region with uninterrupted presence since 1926. DTME’s presence in the Middle East region is established through its affiliated independent legal entities, which are licensed to operate and to provide services under the applicable laws and regulations of the relevant country. DTME’s affiliates and related entities cannot oblige each other and/or DTME, and when providing services, each affiliate and related entity engages directly and independently with its own clients and shall only be liable only for its own acts or omissions and not those of any other affiliate.
Deloitte provides audit, tax, consulting, financial advisory and risk advisory services through 25 offices in 14 countries with more than 3,300 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 also received numerous awards in the last few years, which include bestAdvisory and Consultancy Firm of the Year 2016 in the CFO Middle East awards, best employer in the Middle East, the Middle East Training & Development Excellence Award by the Institute of Chartered Accountants in England and Wales (ICAEW), as well as the best CSR integrated organization.