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Deloitte: New appointment of Dorian Reece reflects potential of Middle East airport sector
7 December, 2014 – Deloitte continues to build its infrastructure capabilities in the Middle East with the addition of Dorian Reece who was previously head of Deloitte’s Airport practice in the UK to Deloitte Corporate Finance Limited. Dorian has been with Deloitte for seven years advising airports and infrastructure investors specializing in commercial strategy, valuation and airport mergers and acquisitions (M&A). Prior to joining Deloitte Dorian worked at a number of international airports in both the UK and Australia.
Dorian’s appointment comes at a time when Deloitte continues to develop a Global Centre of Excellence in the Middle East for Infrastructure and Capital Projects (I&CP). “The Middle East is a natural hub for developing a Centre of Excellence for I&CP, as it represents an area of huge potential presently and in the long term. The expansion of our aviation capabilities in the region demonstrates Deloitte’s commitment to our clients and our focus on having people with deep industry expertise,” explains Nick Prior, Global Leader, Infrastructure and Capital Projects, Deloitte Global.
“We are delighted that Dorian is joining our growing Middle East I&CP team and in particular as this further strengthens our market leading capability in the airports and broader infrastructure sector,” added Prior.
Dorian Reece is no stranger to the region having spent the past two years splitting his time between the UK and the Middle East.
Commenting on his move, Reece said: “This was a natural transition. Our global airport engagements continue to grow. The Middle East with its huge pipeline of airport development activity and the global accessibility make being based in the region a logical decision”. He continued, saying that Deloitte’s airport capabilities extend throughout the whole airport asset lifecycle and that the firm’s capabilities in project delivery are benefiting airports in the region as they deliver future capacity to meet the continuing growth of the region. “The benefit of having worked at most of the major UK airports where capacity is at a premium has given us an appreciation of how to drive change to ensure operational and commercial optimization,” he added.
“I am delighted that Dorian is moving to join our team in the Middle East so that our clients in the region can have a leading airports specialist permanently accessible to them”, said Humphry Hatton, Chief Executive Officer of Deloitte Corporate Finance Limited. Given our considerable experience in the real estate and asset valuation aspects of airports, when taken with our leading financial advisory practice we can offer an unrivalled service to maximise the efficient use and financing of these key infrastructure assets”
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About Deloitte Corporate Finance Limited:
Deloitte Corporate Finance Limited is a Company limited by shares, registered in Dubai International Financial Centre with registered number CLO 748 and is authorized and regulated by the Dubai Financial Services Authority. A list of members is available for inspection at Al Fattan Currency House, Building 1, Dubai International Financial Centre, the firm’s principal place of business and registered office. Tel: +971 (0) 4 506 4700 Fax: +971 (0) 4 327 3637. Deloitte Corporate Finance Limited is an affiliate of the UK and Middle East member firms of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
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 around 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).