Ma Foi enters Bahrain and Saudi Arabia in partnership with Riyada Consulting

After having established presence in UAE, Oman, USA, UK, Malaysia, Singapore and Sri Lanka, Ma Foi Management Consultants, India's largest HR services company is now establishing its presence in Bahrain and Saudi Arabia in a Joint venture with Riyada Consulting. Mr. K.Pandia Rajan, Managing Director of the Ma Foi group signed a Joint Venture agreement with HE Shaikha Dheya bint Ebrahim Al Khalifa, President of Riyada Consulting on the 4th of December in Manama.

Ma Foi Management Consultants (now a part of the Euro 7 Bn. Vedior Group) was incorporated in India in 1992 by K.Pandiarajan. Today after 14 years Ma Foi is run by a team of 1350 people spread over 93 offices across nine countries and services 194 Fortune 500 companies. One of the very few companies in its domain to be certified ISO 9000: 2001 by DNV Norway, Ma Foi offers services in Management Training & Development; Compensation & Benefits - Structuring & Surveys, HR Outsourcing; HR Systems Building; Organisation Structuring & Restructuring; HR Automation - IT infrastructure for HR systems; Performance Management Systems; Change Management Solutions; Payroll Outsourcing; Retention Management; Executive Search for Senior and Middle Level positions; Manpower planning and Recruitment of Junior level staff functions; Staff Outsourcing and Career Skills Training.

Riyada Consulting, under the able leadership of Her Excellency Shaikha Dheya bint Ebrahim Al Khalifa, offers a wide range of performance enhancing services to private and public organisations operating in different sectors. Its distinctive team with diverse expertise enables Riyada to excel in many fields such as: Corporate Finance, Marketing Consulting, Business Advisory, Telecom Consulting, oil and gas and HR consulting. HE Shaikha Dheya, President of Riyada Consulting stated the new venture will launch a brand new set of services in Bahrain and KSA which will participate to increase the efficiency of the local employment market and provide more options to both employers and employees. Corporations can now benefit from the comprehensive range of services offered by the new venture to improve the effectiveness of the HR functions and departments in their companies. Through its partnership with one of the HR consulting leaders, Riyada consulting took a further step toward fulfilling the requirements of clients more comprehensively and qualitatively.

Mr. K. Pandia Rajan stated, 'In the emerging geopolitical and socio-economic context of the world, corporations in Middle East have to re-invent themselves from the point of view of strategy, structure, systems and processes. Ma Foi Riyada will facilitate this re-configuration in the HR, Finance and overall business policy domains.'

According to Mr. Sanjay Ghosh, Regional Director of Ma Foi's Middle East Operations, the new venture will help pivot Ma Foi to a prime position in the Middle East market. Ma Foi has a fully owned subsidiary in the UAE, a joint venture company in UAE with an office in Abu Dhabi and a Joint venture in the Sultanate of Oman with offices in Muscat and Sohar. The Bahrain entry would enable Ma Foi to be closely associated with one of the largest BFSI market in the Middle East. Apart from BFSI, this joint venture named Ma Foi Riyada Consulting WLL will service the Energy & Infrastructure and IT sectors in Bahrain and Saudi Arabia.