BusinessBusiness RecoveryKPMG appoints new global head of insolvency

KPMG appoints new global head of insolvency

Blair Nimmo has been appointed to the role following the retirement of Richard Heis earlier this year

KPMG has appointed a new global head of insolvency following the retirement of Richard Heis earlier this year.

Blair Nimmo has been appointed to the role. Having joined KPMG in 1991, Nimmo has worked across a range of sectors, including energy and natural resources, infrastructure, real estate, and leisure.

Nimmo currently heads up the firm’s restructuring practice in the UK, and will continue this role alongside his global responsibilities.

KPMG’s global head of deal advisory Leif Zierz, said: “Our UK restructuring practice is market-leading and, despite relatively benign economic conditions, continues to secure some of the most high-profile projects both in the UK and internationally, such as the administration of Monarch Airlines Limited. In assuming this global role, Blair brings with him deep insolvency experience, having also recently worked on complex engagements including First Oil Expro, Tullis Russell and Scottish Coal. I know that our member firms around the world will benefit from Blair’s sharp market focus and unrivalled expertise.”

Nimmo commented: “KPMG has long had a reputation for delivering innovative approaches to complex restructuring assignments, particularly those which cross international borders, so I am delighted to be taking on this new global role. Across the world, our insolvency team continues to go from strength to strength, so the opportunity to help shape the direction of our global practice is a real privilege.”

Following the collapse of Monarch airline in October, Nimmo was appointed as a joint administrator along with KPMG partners Jim Tucker and Mike Pink.

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