Big Four firm PwC has strengthened its financial restructuring team in the UK with Alistair Dick. The former Rothschild banker will lead PwC’s corporate financial restructuring team, and be responsible for helping to grow PwC’s restructuring offering to corporates.
Alistair Dick was most recently head of Rothschild’s debt advisory and restructuring practice in South East Asia, Australia and New Zealand. He also spent over six years in Rothschild’s European debt advisory and restructuring team based in London and has a background in natural resources project finance and acquisition finance.
After more than 10 years with the investment bank, Dick earlier this month decided to embark on a new challenge, and whilst relocating to the UK joined accounting and consulting giant PwC. Commenting on his new role, Dick says: “I am very excited to be returning to London and joining the PwC team. The range of skills and expertise in the business, and the high calibre of the people in the team, will enable us to help clients through every stage of a restructuring.”
Heather Swanston, head of PwC’s refinancing and restructuring practice, says that Alistair’s appointment “demonstrates the firm’s our commitment to strengthen its financial restructuring offering for corporates”. She adds: “Corporates are increasingly looking for an adviser that can provide the full range of restructuring advisory and implementation services that they need. Alistair’s wealth of experience and track record in helping corporates navigate financial restructuring will be a huge asset to our expanding team.”
The high-profile appointment is part of PwC’s strategy in the UK to grow its lead advisory services. “We are currently recruiting top talent from within the investment banking and debt advisory sectors internationally, allowing us to advise on and originate many more deals,” comments John Dwyer, UK deals leader at PwC.