Syed Muhammad Naqi joins Alvarez & Marsal in Dubai

14 November 2023 2 min. read

Alvarez & Marsal has strengthened its team in the Middle East with Syed Muhammad Naqi, who arrives with over a decade of Big Four experience.

Joining Alvarez & Marsal from EY, Syed Muhammad Naqi brings 10+ years of experience helping clients with compensation & benefits, including executive remuneration, management incentives, and company-wide benefits.

Now two weeks into his new role, Naqi shared his delight on a personal post on LinkedIn: “What an incredible start it has been! Thanks to all Alvarez & Marsal colleagues for being so incredibly welcoming. I look forward to help grow the firm’s compensation & benefits offering in the region.”

Syed Muhammad Naqi joins Alvarez & Marsal in Dubai

Appointed a Senior Director in Dubai, Naqi works with privately owned, private equity backed and global listed clients to align executive and senior management level reward decisions with wider business strategy and reward transformation through various growth stages.

Most recently at EY, Naqi spent over four years with the People Advisory Services team in the United Kingdom, latterly as a Director. He led the reward advisory business in the South and Midlands, helping clients design, implement and operate diverse management incentive plans in the UK and abroad.

Earlier, Naqi spent six years at Deloitte, also working in its compensation & benefits team.

Notable engagements of Naqi include developing and implementing executive reward policies in the context of prevailing governance and regulatory frameworks; feasibility, design and implementation of equity incentives at executive and below-board levels; pre/post transaction incentives alignment for fast-growth companies; pre/post IPO executive reward strategy and wider reward framework development for a newly listed businesses.

Recently, Naqi helped a global pharmaceutical company manage reward and incentives transition as a result of a demerger, including tax and regulatory compliance in 90+ locations, employee communications and regulatory correspondence with various global tax authorities.

He also led a reward and mobility transformation project for a newly listed fintech business, and assisted an insurance start-up with reward policy development.

In the Middle East, Alvarez & Marsal has offices in the United Arab Emirates and Saudi Arabia.