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Sunday, November 8 - 2009

Deloitte global tourism, hospitality and leisure leader transfers to Middle East

Deloitte, the business advisory firm, announces the transfer of Alex Kyriakidis, the Deloitte global leader for the tourism, hospitality and leisure industry, from London to the Middle East.

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Alex will work with a large team of professionals offering a broad range of services to this important industry in the Middle East markets. Alex's experience in supporting clients deal with three recessions over the past 30 years will help the region navigate through the global recession.

John Connolly, Deloitte Global Chairman and UK Firm Senior Partner and Chief Executive, commented:
"The Middle East region is spending around $0.5 trillion in real estate, tourism and hospitality and leisure infrastructure, making the region one of the fastest growing in these industry segments globally. Alex's global expertise, Arabic language skills, global network and established relationships with the major organisations in the region will provide our clients - globally and locally - with our full range of industry-led services to support them in navigating the challenging global environment ahead."


Omar Fahoum, Chairman and Chief Executive of Deloitte & Touche Middle East, added, "We are delighted to welcome Alex to the Middle East to support our clients in this industry which accounts for 12% of the region's GDP. By combining Alex's global knowledge and relationships with our deep knowledge of ME market, we will add value to our clients in the region who are committed to best-in-class benchmarking in all they do. Alex will work closely with Rob O'Hanlon our partner in charge of the industry for the Middle East and a large team of partners and staff serving these important industry sectors."

Alex Kyriakidis commented, "I am delighted to be returning to the region where I was born. Having worked closely with our Middle East practice for many years and witnessed the exponential growth in these sectors, I am excited at the prospect of bringing to our clients in the region all of our global capabilities and relationships, especially at this time when challenges and opportunities abound."
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Notes and media contacts

About Deloitte:

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in over 140 countries. With access to the deep intellectual capital of approximately 165,000 people worldwide, Deloitte delivers services in four professional areas—audit, tax, consulting, and financial advisory services—and serves more than 80% of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.

About Deloitte & Touche (M.E.):

Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu (DTT) and is the longest established professional services firm with uninterrupted presence for over 80 years in the Middle East region. Deloitte & Touche (M.E.) is among the region's leading professional services firms, providing audit, tax, consulting, and financial advisory services through 25 offices in 14 countries with over 1,700 partners, directors and staff.

About Deloitte & Touche LLP:

Deloitte & Touche LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu ('DTT'), a Swiss Verein, whose member firms are legally separate and independent entities.

Media contact:

Nada Haddad
Manager
ME Communications Team
Deloitte & Touche (M.E.)
Main: + 961 (1) 748 444 ext. 213
Fax: + 961 (1) 748 999

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