Shahzad Alam

Head of Anti-Fraud, Investigations and Medical Audit
at Oman Insurance Company, UAE
Expert in fraud management and a demonstrated history
of working in the global insurance industry Worked at:
ADNIC, Deloitte, KMPG, EY as Anti Fraud Expert

Shahzad Alam is a UK qualified Chartered Accountant with an MBA from Cranfield School of Management, UK.

Shahzad has over two decades of forensic investigation experience, both in the public and private sectors in the UK as well as in the Middle East.  Shahzad started his career with Department of Trade and Industry (DTI) Investigation Team, working closely with UK’s Crown Prosecution Service and then moved on to the Enforcement Division of Financial Services Authority in London.

In 1999 Shahzad moved to the private sector and headed the Forensic Investigation Teams in various projects in Deloitte & BDO, London for about 10 years.  During this period he appeared as Expert Witness in a number of litigation cases in the UK courts.  In late 2008 Shahzad joined the Fraud Investigation Teams in KPMG Bahrain, which was shortly followed by similar experience at Ernst & Young Dubai.  Besides investigation, Shahzad’s responsibilities included projects on Terrorist Financing, Anti Money Laundering, Economic Sanction breaches in the banking sector as well as both investigation of and advice on US Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act 2000. 

Shahzad joined the insurance sector in 2012 and set up the Medical Audit & Special Investigation Units at Abu Dhabi National Insurance Company (ADNIC).  After three successful years in ADNIC, Shahzad is now the Head of Anti-Fraud, Investigation & Medical Audit Department at Oman Insurance Company.

Training & Conference Experience

  • 2005 – Shahzad led a discussion on Terrorist Financing on the British Sky Television in the aftermath of the 25 July London bombings
  • 2008 – Shahzad spoke on various seminars on Fraud Investigation issues and provided in-depth investigation training to Bahrain National Audit Office’s investigation team
  • 2009 to 2014 – While at KPMG and Ernst & Young, Shahzad provided extensive training on Anti-Money Laundering regulations, FCPA and the UK Bribery Act to the senior management at several multinational corporations
  • 2017 to 2019 – Shahzad spoke at a number of seminars on Healthcare sector Fraud Detection, Data Analytics and Investigation Techniques