It is the first global firm to launch this type of offering in the region
Ashurst has expanded its Ashurst Risk Advisory business to the Middle East.
It is the first global firm to provide risk advisory services in this region with a team comprising both lawyers and consultants. The Middle East business will concentrate on risk management, corporate governance, and complex infrastructure and capital projects in different sectors.
Ashurst Risk Advisory Middle East will complement the firm’s legal services. Nisha Sanghani has been appointed to spearhead the consultancy offering.
“As the Middle East enters an exciting new era characterised by boundless ambitions and a prosperous future, we are thrilled to be expanding our risk advisory business into the Middle East,” Sanghani said. “In the context of a pioneering vision to deliver economic, social, and cultural transformation, the Middle East is at an exciting crossroads where the best of tradition and modernity will bolster the region as a global leader.”
Sanghani highlighted the market’s potential, pointing to opportunities in “new industries, technological advancements, and expansion of capital markets.”
“We understand that the landscape of risk is ever-changing, and this expansion reflects our commitment to anticipate these shifts, offering comprehensive support and mirroring the successes of our well-established consulting business in the UK and Australia,” Ashurst global clients and markets partner and global co-head of Ashurst Advance & Consulting Jamie Ng said.
Middle East managing partner David Charlier said that the expansion would “help our clients outpace change.”
“Our clients in the Middle East have ambitious plans and require trusted advisors to help them achieve their goals. Where traditional law firms focus on providing legal services, we also bring a breadth and depth of commercial and operational expertise to advise clients on the best way to implement and operationalise the advice,” Charlier said.
Ashurst Risk Advisory was first launched in 2020. At present, the multidisciplinary team consists of more than 100 people across the firm’s global offices.
Last year, Ashurst was granted a licence to practice law in the Kingdom of Saudi Arabia.
