Deloitte’s financial advisory practice in the Middle East has announced the appointment of Aziz Ul-Haq, a debt advisory and M&A specialist as managing director and it also promoted Andrew Jeffery to managing director to lead its Infrastructure and Capital Projects (I&CP) team.

Aziz Ul-Haq joins from Deloitte UK and brings over 15 years’ of M&A and debt advisory experience, having worked extensively with large corporates, family groups and private equity houses across a range of sectors in the UK and Europe.

Ul-Haq’s key transactions include equity and debt fundraisings for clients such as ATPI, British Salt and Equatex, whilst his private equity clients include Montagu, Equistone and GIP.

Andrew Jeffery is a British chartered surveyor with over 25 years experience in the construction and financial advisory services sectors. He has detailed knowledge in the creation, planning and operation of built assets and has led several multi-billion dollar schemes across the GCC since his arrival in 2007.

Andrew has successfully delivered projects for many of the GCC's leading clients including numerous government agencies and many leading family offices. Projects have included major high-rise, retail, marine, residential, hotels and hospitals together with energy and infrastructure.

Deloitte is committed to expanding its infrastructure and capital project capability in the Middle East, having recently recruited Umer Ahmad to lead project and infrastructure finance and Dorian Reece, an Airport specialist.

Humphry Hatton, CEO of Deloitte’s financial advisory, said: “I am pleased to welcome both Aziz and Andrew to the senior leadership of our practice which comprises over 200 dedicated financial advisory practitioners across the GCC.”

“We continue to maintain an average compound growth rate of over 20 per cent in our practice and the time is right to strengthen our senior team and bolster our independent financial advisory offering,” he said.

“The range and quality of our financial advisory offering is a hugely valuable differentiator for us in the region and enables us provide the support our clients need to generate enhanced growth and capital returns in their own businesses,” he added.

“I am confident that there are further significant opportunities for Deloitte to build its position in the financial  advisory market, given the strength of  our international network and our breadth of services as well as the  trusted relationships we have with clients who value our independent advice.” concluded Hatton.

Deloitte is among the region’s leading professional services firms, providing audit, tax, consulting, and financial advisory services through 26 offices in 15 countries with over 3,000 partners, directors and staff. – TradeArabia News Service