Consulting firm Alvarez & Marsal has appointed Senthil Alagar as a Managing Director of its restructuring and turnaround team in London. PwC and EY alumnus Alagar joins from Barclays, where he headed the UK & Ireland Restructuring unit.
Senthil Alagar has a track record of more than 20 years in the field of financial advisory, with a particular focus on restructuring advisory. Prior to joining Alvarez & Marsal, he was head of the regional Restructuring unit of Barclays, where he led a specialist team of 40 people and oversaw a restructuring case portfolio of up to £4 billion. Before his spell at Barclays, where he served major public as well as private corporates, Alagar held senior restructuring positions at Bank of Scotland, PwC and EY.
“The arrival of Senthil, coupled with A&M’s experience gained from high profile recent restructuring engagements such as Eircom in Ireland and Biffa in the UK, gives us the capability to solve the most complex challenges facing companies today,” comments Mike Corner-Jones, Head of Alvarez & Marsal’s restructuring business in the UK.
In a reaction to his new role, Alagar says that he is “pleased to take this next step in his career” at a firm which has a “trusted heritage of helping clients by providing leadership in restructurings.”
Alvarez & Marsal is one of the leading restructuring consulting firms in the industry. The firm gained global exposure following the large role it played as restructuring advisor of the bankrupt Lehman Brothers, an engagement which according to analysts earned the consultancy more than $1 billion in fees.