The practice welcomes Managing Directors Uthman Al-Basri in Abu Dhabi and Joeri Snijers in Brussels

Abu Dhabi & Brussels – September 25, 2025 – Leading global professional services firm Alvarez & Marsal’s (A&M) Global Transaction Advisory Group (Global TAG) announces the appointment of Uthman Al-Basri as Managing Director in Abu Dhabi, as Global TAG’s EMEA unit continues to build its footprint in the Middle East. The practice also announces formal entry into Belgium, welcoming Joeri Snijers as the practice’s first Managing Director in the country, based in Brussels. Together, these senior hires are representative of TAG EMEA’s wider maturation.

Mr. Al-Basri brings over 15 years of experience advising clients on landmark transactions, including the creation of First Abu Dhabi Bank (FAB), Abu Dhabi Commercial Bank (ADCB), Saudi National Bank (SNB), and Saudi Awwal Bank (SAB). Specializing in financial services, his expertise spans buy-side and sell-side financial due diligence, vendor diligence, sale and purchase agreement (SPA) support, and capital markets readiness. Mr. Al-Basri has also led cross-border acquisitions in Turkey, North Africa, and Central Asia, as well as major insurance M&A transactions in Saudi Arabia. Prior to joining A&M, he was a Partner in KPMG’s Middle East transaction services practice and previously led financial services M&A engagements at Deloitte.

As TAG EMEA’s first Managing Director in Belgium, Mr. Snijers will work alongside A&M’s integrated team in the country, to help bolster the firm’s offering in the Benelux region with a sharp focus on the Belgian M&A marketplace. Boasting nearly two decades of experience across financial due diligence and carve-out support, Mr. Snijers was most recently a Partner at EY Belgium, where he led complex financial due diligence and carve-out mandates, bridging operational and financial transaction aspects for private equity and corporate clients over the course of more than a decade. Prior to EY, Mr. Snijers served as Director of M&A at a Belgian-listed materials technology company, where he executed acquisitions and divestitures globally.

Paul Aversano, Managing Director and Global Practice Leader of Global TAG, commented: “As EMEA continues to attract global capital and an influx of cross-border M&A activity, TAG EMEA is at the ready. Our structural nimbleness and integrated solutions model allow us to more quickly assess and address evolving market needs – it’s what sets A&M apart. The appointments of Uthman and Joeri demonstrate that market differentiation and our continued commitment to listen intently to the market – one that calls for expanding our capabilities and local footprint in key economic hubs, all with the lens to help our clients further unlock cross-border deal value while mitigating risk in an increasing complex market.”

Jonathan Gibbons and Phil Mitchell, Managing Directors and TAG EMEA Co-Leaders said: “With accelerating deal activity across the EMEA region, Global TAG continues to invest in senior leaders who bring technical depth, market credibility, and cross-border execution experience. Uthman and Joeri exemplify our commitment to delivering senior-led, multi-disciplinary solutions that guide clients through the transaction lifecycle with enhanced efficiency.”

Commenting on his appointment, Mr. Al-Basri noted: “The Gulf Cooperation Council (GCC) is home to some of the world’s most active financial services markets, with increasing complexity across banking, insurance, asset management, and fintech transactions. A&M’s integrated model, built on deep functional and industry expertise, is a natural fit for purpose for meeting the market’s current and future M&A demands.”

“A&M’s hands-on approach is precisely what clients need in today’s transaction landscape. With experience spanning both professional services and corporate M&A, I’ve witnessed first-hand the critical value of an integrated, seamless cross-border strategy. I’m thrilled to join A&M’s Global TAG team to help clients successfully navigate carve-outs, integrations, and cross-border transactions across Europe and beyond,” stated Mr. Snijers.

About Alvarez & Marsal

Founded in 1983, Alvarez & Marsal is a leading global professional services firm. Renowned for its leadership, action and results, Alvarez & Marsal provides advisory, business performance improvement and turnaround management services, delivering practical solutions to address clients' unique challenges. With a world-wide network of experienced operators, world-class consultants, former regulators and industry authorities, Alvarez & Marsal helps corporates, boards, private equity firms, law firms and government agencies drive transformation, mitigate risk and unlock value at every stage of growth.

About Alvarez & Marsal Global Transaction Advisory Group

A&M’s Global Transaction Advisory Group provides investors and lenders the answers needed to get the deal done. We combine our firm’s deep operational, industry and functional resources with Big Four-quality financial accounting and tax expertise to assess key deal drivers and focus on the root cause of any critical deal issues. As the largest transaction advisory practice outside the Big Four, our global integrated teams help private equity, sovereign wealth funds, family offices and hedge funds as well as corporate acquirers unlock value across the investment lifecycle.

The firm’s Global Transaction Advisory Group includes over 1,200 professionals in 45 offices worldwide. Our global team has extensive industry knowledge across multiple sectors and is free from audit-based conflicts of interest.

To learn more, visit: AlvarezandMarsal.com