Madji Al-Madani is a Senior Managing Director at FTI Consulting based in Saudi Arabia. He leads the development and growth of the Forensic & Litigation Consulting segment in the Kingdom, as well as playing an integral role in the Forensic and Litigation Consulting practice across the Middle East.
Mr. Al-Madanai’s core experiences include conducting forensic reviews and fraud investigations across several industry sectors, including Banking and Financial Services, Real Estate, Life Sciences, Maritime, Agriculture and Construction. With more than 21 years of experience in the region, Mr. Al-Madani is well integrated to Saudi Arabia’s government and ministries, as well as several prominent family offices in the Kingdom. Additionally, Mr. Al-Madani is experienced in other areas of forensics and dispute work, including conducting Foreign Corrupt Practices Act reviews, working on anti-bribery and corruption matters as well as assessing fraud risks.
Prior to joining FTI Consulting, Mr. Al-Madani held the position of Partner at a major management consultancy in Saudi Arabia and contributed to the growth of their newly launched forensic practise. Preceding this role, he held the position of Forensic Country Leader at a Big 4 accounting firm in Saudi Arabia, where he led and participated in several forensic and dispute assignments.
Furthermore, Mr. Al-Madani has more than 10 years’ experience at four different major banks in Saudi Arabia in a number of positions, ranging from corporate, middle market, retail, operations and trade services roles to audit and compliance. From 2007 to 2012, he was a member of the Audit and Compliance team at one of these banks, where he undertook several investigations and had specific responsibility for liaising with the police and governmental authorities.
- Performed a gap and risk analysis and upgraded policy and procedures of all divisions of a semi-government authority in the Gulf Cooperation Council
- Led a fraud risk assessment of a financing and leasing company is Saudi Arabia to assess the company’s exposure to potential fraud, as well as to advise the firm on how to strengthen their controls to comply with Saudi Central Bank’s laws and regulations
- Assisted a leading asset manager in Saudi Arabia to strengthen its controls around possible frauds, as well as to set the tone on zero tolerance towards fraud
- Undertook numerous fraud investigations in Saudi Arabia, mainly initiated from incident reporting; fraud investigation results were analysed and communicated to client’s management, as well as specific recommendations on the strengthening of anti-fraud policies and procedures