FTI Consulting Secures RHQ in Saudi Arabia
FTI Consulting, Inc. has successfully obtained a Regional Headquarters License (RHQ) from the Ministry of Investment of Saudi Arabia. This newly acquired license underscores the firm’s unwavering commitment to bolstering its presence and enhancing collaborations with clients not only in the Kingdom of Saudi Arabia but also across the broader Middle East region.
“We are delighted to have been issued an RHQ license for our Riyadh office,” said Vikas Papriwal, a Senior Managing Director and Head of FTI Consulting in the Middle East and Africa (pictured right). “It’s an exciting milestone that reflects our longstanding work with clients in the Kingdom across our business, including FTI Consulting, FTI Delta, FTI Capital Advisors and Compass Lexecon. Our regional office will be a catalyst for further investment in our world-class services to support the ambitious goals of our clients as the Kingdom and the wider region transforms.”
Having been actively engaged in the Saudi Arabian market for over a decade, FTI Consulting has emerged as a trusted advisor, offering a diverse range of business advisory services to both domestic and international corporations, as well as ministries and government bodies. These services encompass strategy consulting, construction solutions, corporate finance, data privacy, expert witness services, financial crime management, forensic and digital investigations, public sector advisory, economic consulting, and strategic communications.
“Attaining our RHQ license is an important step in the development of our capabilities in and around the Kingdom, where we are supporting clients with their major projects,” said Lars Faeste, EMEA Chairman at FTI Consulting (pictured left). “Our investment in our people and the careers
of the exceptional Saudi talent that we see through our hiring initiatives, including our local graduate programmes, will be the driving force behind our future success as we build on this momentum.”
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 7,900 employees located in 31 countries and territories, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $3.49 billion in revenues during fiscal year 2023.