BDO was founded in the year 1963. The initial international organisation was known as the Binder Seidman International Group, formed by respected firms that were already well established in Canada, Germany, the Netherlands, the UK and the USA, and wished to share and expand their knowledge in order to better serve their clients. In 1973 the organisation adopted the name BDO, made up from the initials of the three founding European firms: Binder (UK), Dijker (Netherlands) and Otte (Germany).
BDO in UAE
Russi J Patel started his accounting practice during the 1950s and in 1962 moved to Aden, in South Yemen. Very quickly, Russi established his name within the business community in Aden. With that strong name with many leading business people expanding into Dubai, Russi founded the current firm in the United Arab Emirates in 1969. The firm became the representative firm of BDO in the United Arab Emirates in 1975.