HKA, the world’s leading consultancy of choice for multi-disciplinary expert and specialist services in risk mitigation and dispute resolution within the capital projects and infrastructure sector, has announced that Majdi Al-Madani has joined the firm as Partner, based in Saudi Arabia.
With this hire, the firm continues to expand its Forensic Accounting and Commercial Damages (FACD) practice worldwide, which now includes over 50 FACD Experts and Consultants.
Majdi will play a critical role in the further development and growth of the firm’s FACD service offering in the Middle East across a wide variety of industries, jurisdictions and forums.
Haroon Niazi, Partner and Head of the Middle East, said: “We are delighted to welcome Majdi to HKA and look forward to working alongside him to grow our FACD offering throughout the Middle East. With many of our clients requesting assistance in dealing with forensic accounting, fraud and investigation matters, we are pleased that with the growth of our team, we are now in a better position to advise and to grow this practice.”
Majdi has an established record of working for over 10 years at four major banks in Saudi Arabia
Majdi has an established record of working for over 10 years at four major banks in Saudi Arabia in a number of positions ranging from corporate, middle market, retail, operations, and trade services to audit and compliance. From 2007 to 2012, he was a member of the audit and compliance team at one of those banks. In that role, he undertook several investigations and had specific responsibility for liaising with the police and governmental authorities. Majdi’s legal background allows him to understand legal regulations, procedures and the judicial systems both in Saudi Arabia and the wider GCC region. This knowledge, coupled with his understanding of Sharia Law, has enhanced his communication with legal representatives, Judges, and court representatives.
He has acted as Forensic Expert on several arbitrations relating to commercial damages and fraudulent financial reporting, with a combined value of $50 million.
Prior to joining HKA, Majdi held the position of Forensic Country Leader at a big four practice in Saudi Arabia. He previously worked as a Director for six years in the Forensic and Integrity practice at another big four practice in Saudi Arabia, in which he led and participated in several forensic and dispute assignments.
Commenting on his move, Majdi said: “It is a pleasure to join the HKA family. We are aiming to add value to support our clients and partners to reach their targets. Our vision is to build a robust business environment.”