Ali Abbas | KPMG | KW
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Ali Abbas

Director, Internal Audit, Risk & Compliance Services

KPMG in Kuwait

Ali Abbas

Position : Director

Service experience :

Ali leads KPMG Kuwait’s Internal Audit, Risk & Compliance Services practice and has over 15 years of experience in Internal Auditing, Risk Management, Internal Controls Review, Corporate Governance, Regulatory Compliance and Finance & Accounting in diversified industries which include Real Estate, Construction, Contracting, Banking, Investment, Insurance, Retail, Trading, Hospitality, Financing, Leasing, Food & Beverage, Leisure and Education sectors among others.

Ali is well-versed in advising clients in establishing and improving their governance, risk management and controls processes. 

Experience :

Since joining KPMG, Ali has independently led various risk based internal audit engagements for clients within the banking, hospitality, investment, leasing and financing, brokerage, real estate, insurance, manufacturing, trading, hospitality and education sectors which include Sharia’a compliant clients.

Ali has lead teams in conducting a number of internal controls review engagements for various media houses, banks, investment & exchange houses and industrial companies among others. These include engagements for review of internal controls against the COSO framework.

Ali also lead teams in conducting quality assessment reviews of leading Kuwaiti banks and a large industrial group’s internal audit departments benchmarking their Positioning, Peoples and Processes against IIA standards and leading practices. 

Ali has led a number of risk assessment (ERM) engagements focusing on the areas of greatest risks, importance and value to the organization and actively obtain buy-in of client management in the risk assessment process and resulting outcomes.

Ali has also led a number of regulatory compliance engagements assisting clients with their readiness with various regulatory requirements including Capital Markets Authority reviews.

Ali has presented a number of internal audit and risk presentations to clients’ board audit and risk committees communicating internal audit findings and risk recommendations highlighting value addition for organizations in implementing the recommendations.

Ali was also seconded to KPMG UK during 2014 where he led a number of internal audit and QA reviews of IA function projects for large banks, insurance and investment management clients. He was part of the Financial Services Internal Audit Group in London.

Prior to joining KPMG, Ali has worked as an internal auditor for one of the largest retail stores and restaurant operations co. in Kuwait with focus areas on cash management, customer services, procurement, finance, warehousing, human resources, costing, and inventory management., etc..

Ali has also worked for a number of years as a Financial & Management Accountant for one of the largest banks and industrial groups in Kuwait. His areas of expertise include financial planning and budgeting, external financial reporting, management reporting, analysis of financial and operational data and recommending various business units’ enhancement in product and service performance.


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