The new regional base is located in Dubai (located at Dubai International Financial Centre) and will provide the full suite of the firm’s expert advisory services to clients, including corporate finance and deals, restructuring and insolvency, business transformation, financial investigations, creditor services and forensic accounting. The Dubai team will also lead the delivery of services to clients in the Arabic-speaking part of North Africa.
“The Middle East is an important and strategic location for us to be able to offer our support and advice to businesses,” said Carl Jackson, CEO at Quantuma, on the launch.
The Quantuma story started in the UK in 2013, when the consulting firm opened our first office in Southampton. In the last eight years, Quantuma has grown to a business of over 250 people and a turnover of more than £30 million. 19 of its 23 offices are in the UK, with Cyprus, the Cayman Islands and Mauritius the firm’s other international locales.
Last year, Quantuma agreed a merger with K3 Capital Group, an AIM-listed group of professional services businesses, with further international expansion one of the ambitions agreed between the two parties.
“We aim to further develop our global footprint in select jurisdictions and financial centres and increase our cross-border advisory capabilities,” explained Jackson.
To kickstart the charge in Dubai, a trio of seniors have been appointed: Yaser Dajani, Rehan Ahmed and Taz Rashid. Office leader Dajani has been hired externally from FTI Consulting, where he was a Senior Managing Director. He brings over 20 years of experience in forensics, investigations, asset-tracing and litigation consulting to the firm, having previously also served Kroll, Control Risks and Adam Smith International.
Dajani also manages internal investigations on behalf of clients and regulators, focusing on fraud, financial manipulation, asset dissipation, gross embezzlement, conflicts of interest and corporate misconduct. “I’m delighted to be joining Quantuma. As a global team, we have an in-depth understanding of the opportunities and challenges facing businesses across the Middle East and we look forward to providing advisory services to our clients in the region,” he said.
Ahmed and Rashid, meanwhile, have been with Quantuma in the UK for a number of years and will now focus their activities on growing the Middle East base.
(Except for the headline, this story has not been edited by The Finance World staff and is published from a syndicated feed.)