Suri to spearhead firm’s specialist public-private infrastructure investment team, given growing opportunities in the region
Dubai, UAE - Global audit, tax and advisory services firm KPMG, has announced the appointment of Ravi Suri as the Head of its expanding Infrastructure Advisory practice in the Lower Gulf region (UAE and Oman). In addition, he will also act as the Global Head of Infrastructure Finance.
His appointment is in line with KPMG’s ambition to support a wide range of clients who are looking at public-private partnership (PPP) investments as a means to fuel major infrastructure projects in the Middle East. This is especially relevant at a time when PPPs are being increasingly endorsed by several regional governments, a fact further underscored by the introduction of PPP laws in a number of jurisdictions.
Leading this important growth area within KPMG, Suri will be coordinating the firm’s PPP offerings for clients, including government institutions and private sector organizations. Under Suri’s leadership, KPMG’s Deal Advisory and Management Consulting teams will work together to ensure that clients in the infrastructure arena are informed and adequately guided in relation to the market opportunities and issues surrounding PPPs.
Suri joins KPMG with a distinguished career in banking, having worked with GE Capital and ABN AMRO. Most recently he was with Standard Chartered Bank, where he served as Global Head, Project and Export Finance. Having been associated with the bank for 14 years, focusing on project and export-finance deals across the globe, Suri brings with him commendable industry and professional experience in the power, renewables, transportation, infrastructure and oil and gas sectors.
Throughout his career, he has led large financial advisory projects in these sectors across Asia, Africa, Middle East, Europe and the Americas.
“With the adoption of Artificial Intelligence, the Internet of Things, Big Data, 3D printing and blockchain in infrastructure being inevitable, the impact of technology in this field will be significant and may result in a number of disruptions. Risk mitigation for both debt and equity will no longer be the same as it has been over the last two decades, and newer methods will need to be developed. Suri and his team are working on advanced solutions to help mitigate this risk, to add value to our clients and help them in their infrastructure projects”, says Vijay Malhotra, CEO of KPMG in the Lower Gulf.
Suri is an alumni of Northwestern University in Chicago (USA), where he received his MSc in Chemical Engineering. He has attended executive programs at Harvard, Stanford University, London School of Economics, MIT, INSEAD and Wharton.
About KPMG International
KPMG is a global network of professional services firms providing audit, tax, and advisory services. KPMG operates in 154 countries and has 200,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
© Press Release 2018