Consilium Advisory Inaugurates Financial Compliance Practice, Welcomes on Board Top Consultant
Kuwait City, Kuwait – Consilium Advisory announced today it would start offering advisory service in the domain of financial compliance out of Kuwait covering the GCC.
The move comes to bolster the company’s Management and Professional Development advisory services with a scope of services that includes Anti Money Laundry & Counter Terrorism Financing compliance consulting, professional Development, certification, research and specialized events practices. It also activates new areas of cooperation with the company’s international expert organizations including the Global Association of Management & Finance and other academic and learning partners.
Dr. Mohammad Barakat, Consilium Advisory’s Managing partner, explains the rationale for launching the Financial Compliance consulting services. "The financial services sectors in Kuwait and the Middle East in general are under scrutiny from central banks and other regulatory authorities including ministries of finance for tighter practices in management of funds across national and multinational accounts as well as financing of enterprises. We recognize the need to offer leading-edge business change management consulting services to the regional financial services sector by means of specialist governance, risk, compliance and capacity-building services within banks, financial institutions and insurance companies."
The opportune announcement is marked by Ms. Huda Al Enezi the joining of ranks of Consilium Advisory to lead the regional Financial Compliance practice. Ms. Al Enezi is a public service veteran who headed Kuwait Ministry of Commerce & Industry’s Directorate of Anti Money Laundry & Counter Terrorism Financing prior to her career shift into consulting earlier this year.