News | October 2, 2025
Shalabh Gupta and Amran Nawaz, Associate Directors in Secretariat’s Global Sports Consulting practice, were recently quoted in an S&P Global article discussing sports team acquisition and valuation trends.
June 23, 2025
The ongoing conflict in Ukraine has caused unprecedented destruction, making long-term recovery a global priority. According to the Fourth Rapid Damage and Needs Assessment (RDNA4) report, produced by the Government of Ukraine in partnership with the World Bank, European Union (EU), and United Nations (UN), the estimated cost to rebuild Ukraine’s infrastructure and economy over the next decade is a staggering $524 billion.This comprehensive assessment highlights the direct war damage valued at $176 billion and outlines Ukraine’s urgent needs across multiple sectors. Recovery efforts focus not only on repairing damaged infrastructure but also on creating a modern, resilient, and sustainable future based on the “Build Back Better” principle. The Government of Ukraine has identified 787 reconstruction projects with a 2025 funding requirement of approximately $12 billion. To date, only 92 projects worth $5.4 billion have secured funding, leaving a significant funding gap exceeding $6 billion for critical recovery initiatives in 2025.
In this article, Volodymyr Monastyrskyy from Dentons, Chris Richardson and Sulaxmi Rai from Secretariat break down RDNA4’s findings. They discuss where investment is most needed and what it will take to move from damage to development.
Key Findings from the Ukraine RDNA4 Recovery Assessment:
The scale and complexity of Ukraine’s reconstruction require coordinated efforts across international financial institutions, governments, and private sector partners. Transparent, data-driven insights from RDNA4 enable stakeholders to prioritize investments that promote sustainable economic recovery, social stability, and long-term resilience.
Read the full analysis and explore how strategic funding can help Ukraine transform challenges into opportunities.
Shalabh Gupta and Amran Nawaz, Associate Directors in Secretariat’s Global Sports Consulting practice, were recently quoted in an S&P Global article discussing sports team acquisition and valuation trends.
Executive Scandals: Navigating Reputational and Financial Risks
Executive Scandals: 2025 Navigating Reputational and Financial Risks, authored by experts from FGS Global and Secretariat, provides a practical framework for boards, legal teams, and compliance professionals. It highlights four core practices including preparation, independent guidance, thorough investigations, and consistent communications that strengthen organizational resilience and protect corporate reputation.
Mid-Year 2025 Update: Nazaha’s Progress in the Fight Against Corruption
As part of its ongoing mandate to enhance transparency and integrity, Saudi Arabia’s Oversight and Anti-Corruption Authority (Nazaha), has continued its efforts. For the six months to June 2025, Nazaha have conducted areas of engagement into new authorities.