Deloitte welcomes three new partners in Financial Advisory division

21 December 2023 3 min. read
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Deloitte has bolstered its Financial Advisory practice in the Middle East with the hire of three new partners: Alexios Zachariadis, Haroon Ahmed, and Mahmoud Abougabal.

Bringing over 60 years of combined practitioner experience, all three new partners join from tier-one industry peers, strengthening Deloitte’s partner teams of the Turnaround & Restructuring, Value Creation Services, and Forensic businesses.

“We are delighted to continue expanding our leadership team and value the expertise and industry-specific knowledge Alexios, Haroon, and Mahmoud bring to our Financial Advisory division,” said Wayne Thomas, Managing Partner of Deloitte’s Financial Advisory division in the Middle East.

Alexios Zachariadis, Haroon Ahmed, and Mahmoud Abougabal - Deloitte

Alexios Zachariadis joins as partner in the Value Creation Services team, specializing in the Energy, Resources, and Industrials sectors. He focuses on topics including M&A strategy, commercial advisory and business optimization, as well as transformation initiatives.

Zachariadis brings a wealth of local, regional and global expertise, having collaborated with clients in the Middle East and across the globe. He previously served Accenture for a decade and Rolls-Royce.

Haroon Ahmed joins as partner in the Turnaround & Restructuring practice. He has extensive experience with turnaround strategies and delivering insolvency services. A registered insolvency practitioner in the UAE, Ahmed was recently named in Global Restructuring Review’s ‘40 Under 40’ listing.

During his career, Ahmed has acted as a specialist advisor, delivering restructuring solutions directly at board level and other high-profile stakeholders, including lenders across real estate, retail, oil and gas, financial services, manufacturing, recruitment and healthcare sectors. Prior to Deloitte, he worked at Grant Thornton, Kroll, KPMG and investment bank Merrill Lynch.

Mahmoud Abougabal is a construction expert with over 16 years of experience in the GCC and the wider Middle East region. Part of the Forensic practice, he has a robust background in litigation and arbitration matters with a focus on the construction sector.

His work involves collaborating with employers and contractors during the construction project delivery phase, focusing on extension of time claims preparation for contractors and their evaluation on behalf of employers. He previously worked for HKA, Driver Trett, and Deloitte during his inaugural spell at the Big Four firm.

“The region is witnessing extensive transformation, leading to economic diversification, along with ambitious and exciting visions for the future. Our team with collective experience, spanning various sectors and regions, reinforces our commitment to providing tailored solutions that drive value and navigate complexities effectively,” said Thomas on the work of its Financial Advisory division.

Last month, Deloitte was named a leading consulting firm in the Middle East for 2023 across all areas of practice within its Financial Advisory wing, including corporate finance, mergers & acquisitions, forensics, restructuring, and pensions advisory.