September 13, 2018
Deloitte, a provider of audit, consulting, financial advisory, risk advisory, tax and related services, recently admitted four new partners and a director to its Middle East Risk Advisory leadership.
The move will support Deloitte’s 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,” said Omar Fahoum, CEO, Deloitte Middle East.
“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.”
“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,” said Hani Khoury, managing partner for Risk Advisory at Deloitte Middle East.
“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,” Khoury added.