BrazilFTI Consulting launches office in Abu Dhabi Global Market
FTI Consulting has launched a new office in Abu Dhabi, its second in the UAE’s capital city and sixth in the Middle East.
With revenues of over $3 billion and over 7,800 employees, FTI Consulting is one of the world’s larger and leading consulting firms.
The firm first entered the Middle East market in 2005 with an office in the UAE. Fast forward to today, and the firm has reconfirmed its commitment to the region with the launch of a new hub in Abu Dhabi’s fast-growing Abu Dhabi Global Market (ADGM) financial district.
“Abu Dhabi is an important Middle East market for us and our clients, and we are committed to attracting and retaining the best people on the ground to address their increasing requirements as the economy continues to diversify away from oil. The outstanding space and resources that our new office provides is an investment in our people and our clients,” said Vikas Papriwal, a Senior Managing Director and Head of FTI Consulting in the Middle East and Africa.
Based in the Al Sila Tower, the new office “provides a high-tech, innovative working environment for our people and clients” and “offers the capacity to accommodate future growth” said Papriwal.
Abu Dhabi Global Market
As one of the world’s largest financial districts, ADGM hosts a range of local, regional and global businesses, as well as international corporations and investors. Offering proximity to many of their top clients, the hub is a magnet for professional services firms and management consultancies, with FTI Consulting joining a long list of tier-1 firms that have picked ADGM as a base for their Abu Dhabi operation.
All four of the Big Four are based in ADGM, as well as numerous mid-tier rivals such as BDO, Grant Thornton, and Baker Tilly. Accenture similarly operates out of ADGM, alongside 50 other entities that have registered themselves as a consulting business.
“As one of the most sophisticated financial hubs in the world, ADGM reflects our strategy to remain geographically close to our clients operating in leading centres for financial activity, which is one of our hallmarks. This is an exciting step in the development of our footprint in Abu Dhabi and our service offering to clients,” said Lars Faeste, EMEA Chairman at FTI Consulting.
In Abu Dhabi, FTI Consulting offers clients a range of business advisory services in areas including strategy consulting, corporate finance, data privacy, financial crime, forensic and digital investigations, and strategic communications.
Welcoming the New York-headquartered firm to its stable, Arvind Ramamurthy, Chief of Market Development at ADGM said, “We are glad to welcome FTI Consulting to Abu Dhabi’s vibrant international financial centre. FTI Consulting’s suite of services greatly enhances ADGM’s ecosystem, making it a valuable addition to our business community.”
Abu Dhabi Global Market first opened for business in October 2015. The financial centre and business hub governs the entire Al Maryah Island and Al Reem Island which is designated as the financial free zone of Abu Dhabi.
