PracticePeople In PracticeTwo recruits bolster KPMG turnaround practice

Two recruits bolster KPMG turnaround practice

Anne Davies returns to the firm having retired from the restructuring division at the end of last year and Lee Swinerd comes over from the US office

KPMG HAS STRENGTHENED its turnaround practice with the hire of Anne Davies and Lee Swinerd.

Davies retired from KPMG‘s restructuring practice at the end of last year and returns to the role of chief restructuring officer. Swinerd was previously based in the firm’s US offices and joins as director.

Richard Fleming, KPMG’s UK head of restructuring, said: “Formal administration appointments have been far more subdued than expected in this downturn, with companies and their creditors seeking solvent solutions to distress.

“Our latest research has shown that turnaround has been increasingly used as a way of curing corporate stress. Indeed our own turnaround practice has doubled revenues in the past three years and its ambition is to double the figure again in the next three years. To this end, these appointments will be an important beefing up of our turnaround team’s capacity.”

Related Articles

KPMG makes UK head of automotive appointment

Big Four KPMG makes UK head of automotive appointment

2m Emma Smith, Managing Editor
KPMG hires new head of international tax

People In Practice KPMG hires new head of international tax

2m Emma Smith, Managing Editor
Which Big Four firms are the best employers in the UK?

Accounting Firms Which Big Four firms are the best employers in the UK?

1y Fraser Simpson, Reporter
KPMG strengthens private client team with ex-Deloitte adviser scoop

Accounting Firms KPMG strengthens private client team with ex-Deloitte adviser scoop

1y Fraser Simpson, Reporter
Kingston Smith appoints new insolvency partner

Accounting Firms Kingston Smith appoints new insolvency partner

2y Richard Crump, Writer
Mazars appoints Mather as restructuring partner

Accounting Firms Mazars appoints Mather as restructuring partner

2y Chris Warmoll, Writer
PwC questioned over BHS ‘going concern’ audit

Accounting Firms PwC questioned over BHS ‘going concern’ audit

2y Chris Warmoll, Writer
MPs hear from trio of Big Four firms over BHS advice

Accounting Firms MPs hear from trio of Big Four firms over BHS advice

2y Chris Warmoll, Writer