Fahad Altoaimi appointed Office Managing Partner of EY in Riyadh

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Riyadh 24 February 2010: EY has appointed Fahad Altoaimi as the Office Managing Partner of its Riyadh operation. Fahad has over 18 years of experience in a wide range of experience in various sectors; including government, telecommunication, financial institutions, investment companies, petrochemicals and utilities such as power and electricity generation.

Ahmed Al-Aiban, Chairman, EY Middle East, said: “Fahad has been instrumental in making EY a leading professional services organization in Saudi Arabia. His experience, excellent inter-personal skills and strong relationships with the local business community will be heavily drawn upon to maintain our market leadership and to further strengthen our practice in Riyadh.”

Highlighting the business opportunities that Saudi Arabia offers, Fahad Altoaimi, Office Managing Partner, EY Riyadh says: “Being one of the largest economies in the world, Saudi Arabia occupies a principal position on the global economic stage. This was a view that was shared at the recently concluded Global Competitiveness Forum, which saw leading business thinkers, global heads of the biggest corporations and policy-makers converge and jointly map out a strategy to address various global economic challenges. The Kingdom’s visionary leadership and proven resilience offered several lessons in the disciplines of public economic policy and national planning.”

Reaffirming EY’s long term commitment to the Kingdom, Fahad added: “We take great pride in our long-standing association with the Saudi market. Over the years, we have continued to build strong relationships based on quality expertise and doing the right thing for  our clients. I am absolutely thrilled to be working with an exceptional team in Riyadh that has consistently made a difference by helping clients achieve their utmost potential.”

Fahad is a Saudi Certified Public Accountant and a member of the American Institute of Certified Public Accountants (AICPA).