FTI Consulting Enhances Company Finance & Restructuring Phase within the Center East with Addition of Devoted Tax Follow

Dubai, United Arab Emirates, 17 January 2023 — FTI Consulting, Inc. (NYSE: FCN) immediately introduced the appointment of Nilesh Ashar as a Senior Managing Director and Sameep Uchil as a Managing Director within the Dubai Worldwide Monetary Centre workplace in Dubai, UAE.

The 2 senior appointments will type a brand new tax providing throughout the Company Finance & Restructuring section within the Center East, strengthening the agency’s capability to service Center Jap shoppers and enormous, multinational corporations within the area on M&A tax and restructuring, company tax, switch pricing and VAT. Mr. Ashar will lead the Center East tax follow for FTI Consulting, and Mr. Uchil will concentrate on M&A tax and restructuring-related issues.

“As a brand new period of tax dawns within the Center East, it is crucial that our shoppers have full transparency and are knowledgeable of the affect of recent and impending tax rules which are on the horizon, in addition to their implications,” mentioned Vikas Papriwal, Head of the Company Finance & Restructuring section within the Center East at FTI Consulting. “Our shoppers will more and more require help in fulfilling their tax commitments, starting from tax transparency to making sure they’re compliant when making their key strategic enterprise choices. Nilesh and Sameep’s arrival will make sure that our shoppers have the absolute best recommendation to function at optimum effectivity with regards to their Center East tax necessities.”

Mr. Ashar brings greater than 25 years of worldwide and M&A tax expertise within the Large 4 to FTI Consulting, having suggested shoppers in sectors similar to actual property, monetary companies, non-public fairness, oil and gasoline, retail and household places of work throughout the Center East, India, UK and Europe. Based mostly in Dubai since 2012 following stints in India and London, Mr. Ashar brings an intensive vary of tax expertise to FTI Consulting’s shoppers, together with advisory companies targeted on company and worldwide tax issues, cross-border tax structuring, M&A tax, financial substance, tax governance, switch pricing and VAT. Mr. Ashar additionally brings a wealth of expertise in serving to organisations and regulatory authorities establish and handle tax dangers and enhance their tax processes.

Mr. Uchil brings greater than 12 years of expertise, working in a number of places together with India, New York and the UAE, predominantly within the non-public fairness, shopper, meals and retail, know-how, media and monetary companies industries. Mr. Uchil’s expertise, largely gained within the Large 4, has seen him on the forefront of advising giant corporates of their M&A exercise, primarily associated to acquisition structuring, tax due diligence, deal negotiations on tax points, and preparation of tax fashions. He was additionally a part of the workforce that arrange an M&A tax desk for a Large 4 agency in New York from 2016-2019. Mr. Uchil has suggested corporates within the area and U.S. and European companies on their inbound acquisitions and tax restructuring issues within the Center East.

“The enlargement of our tax capabilities is a mirrored image of the altering enterprise panorama and the dynamic inbound and outbound funding transactions and M&A actions of our shoppers,” mentioned Euan Sutherland, Head of the EMEA Tax Advisory follow at FTI Consulting. “Along with our tax groups within the UK, United States and different key monetary markets, the arrival of Nilesh and Sameep provides additional firepower to our cross-border capabilities, which is able to assist us higher help the funding and transaction methods of native, regional and worldwide companies.”

Commenting on their appointments, Mr. Ashar mentioned, “I’m happy to hitch FTI Consulting to steer the Center East tax follow at a time when tax rules have gotten more and more complicated and new legislations are being issued, each globally and within the area. With Sameep additionally becoming a member of to steer our efforts in tax issues regarding M&A and restructuring, we’re happy to be a part of a workforce that’s rising in stature and to assist add a service line to a section that already has vital presence within the Center East. We glance ahead serving to shoppers navigate the complexities of the tax panorama within the area.”

About FTI Consulting
FTI Consulting, Inc. is a worldwide enterprise advisory agency devoted to serving to organisations handle change, mitigate danger and resolve disputes: monetary, authorized, operational, political & regulatory, reputational and transactional. With greater than 7,500 staff positioned in 31 international locations, FTI Consulting professionals work intently with shoppers to anticipate, illuminate and overcome complicated enterprise challenges and profit from alternatives. The Firm generated $2.78 billion in revenues throughout fiscal yr 2021. In sure jurisdictions, FTI Consulting’s companies are supplied via distinct authorized entities which are individually capitalised and independently managed. For extra data, go to www.fticonsulting.com and join with us on Twitter (@FTIConsulting), Fb and LinkedIn.

FTI Consulting, Inc. 
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Aldersgate Road
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Investor Contact: Mollie Hawkes
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Media Contacts:Helen Obi
+44 20 7632 5071
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Sunil Mashari
+971 54 567 5674
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FTI Consulting Enhances Company Finance & Restructuring Phase within the Center East with Addition of Devoted Tax Follow

Supply: FTI Consulting, Inc.

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