Kroll installs Mahmoud Totonji as leader for Saudi market

18 May 2023 1 min. read
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Global consulting firm Kroll has installed Mahmoud Totonji as managing director and country leader for Saudi Arabia.

Following two decades in investment management, banking and financial services, most recently serving as the general manager of Moody’s Investors Service in Saudi Arabia, Mahmoud Totonji has made his debut in the world of consulting.

Prior to his top role at Moody’s, Totonji held senior positions at a family office with $2.5 billion assets under management (chief investment officer), Barclays (chief operations officer for the Saudi market), Al-Azizia Commercial Investment Company, and Middle East Financial Investment Company.

Mahmoud Totonji, Managing Director, Kroll

In his new role, Totonji is responsible for overseeing and driving commercial relationships in Saudi Arabia and managing the Kroll office in Riyadh – one of the firm’s three offices in the Middle East alongside the UAE-based hubs in Abu Dhabi and Dubai.

“I am delighted to join Kroll at such a dynamic time,” said Totonji on his new challenge. “Kroll has the unique ability to help companies and government entities address strategic and value-creating business opportunities and is well-positioned to make a meaningful impact in support of the Kingdom’s Vision 2030 economic diversification plan.”

Shai Waisman, President of Kroll, commented, “We are delighted to welcome Mahmoud. His expertise, leadership and deep understanding of the region will strengthen our presence and expertise in this ever-growing economy.”

“This announcement illustrates Kroll’s commitment to growth in Saudi Arabia and highlights how we continue to invest and expand our team of experts who are uniquely positioned to help our clients advance their contribution to the Kingdom’s Vision 2030 strategy.”

Globally, near 100-year old Kroll has more than 6,500 professionals in 30+ countries worldwide.