A&M has hired business restructuring expert Neil Hayward as a Managing Director, he was formerly a partner at PwC. He will be tasked with supporting clients across the region deal with continued challenges brought on by, among others, the lower oil price.
Prior to joining Alvarez & Marsal (A&M), Neil Hayward worked at PwC where he was a Partner in the firm’s Business Restructuring Services in the Middle East from 2012. He was previously a Director in the same practice, starting in 2009 – with a one year secondment to the Government of Dubai. Earlier roles include Senior Manager in the firm’s Middle East Business Recovery Services and Senior Manager in the firm’s Corporate Advisory and Restructuring service, starting in 2003.
Hayward holds a Master of Engineering from the Institut national des Sciences appliquées de Toulouse and the University of Nottingham. He is a Certified Insolvency Restructuring Advisor (CIRA) and is a member of the Institute of Chartered Accountants in England and Wales (ICAEW).
Hayward joins the firm’s Middle East operation as a Managing Director; he will head up the Restructuring and Turnaround team in the area. The area continues to see considerable changes as a sustained low oil prices affects regional budgets. Hayward brings 18 years of advisory experience, advising clients from boards and management teams to bondholders and governments, to the role, which has crossed international boundaries, including in North America, Europe and the Middle East.
Stephen Millington, Managing Director of A&M Middle East says, “A&M’s operational heritage has made the firm a trusted advisor in turnaround and restructuring. Neil’s in-depth industry expertise aligns with our commitment to maximize recoveries and drive value for clients.”