The appointment was announced at R3’s annual general meeting.
Last year, Buchler served as vice-president of the association – this year he replaces Roger Oldfield of KPMG. Former deputy vice-president John Verrill, head of corporate recovery at city law firm Lawrence Graham, will become vice president.
Speaking after his appointment, Buchler said understanding the role of business recovery professionals was fundamental to improving the UK’s rescue culture.
He added that he would aim to ‘ensure government and business recognise the full range of skills that [R3’s] members can bring to bear to rescue and reconstruct businesses at any stage of financial crisis.
‘I hope that during my presidency we will make people more aware of the successes that our profession can achieve when ailing businesses are prepared to seek assistance early.’
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children