Alvarez & Marsal appoints Myungchul Kim to head up Korea operation

16 January 2017 Consultancy.uk
Myungchul Kim has been appointed Managing Director at Alvarez & Marsal, based in Korea. The addition of Kim further boosts the firm’s presence in the region, adding more than twenty years of strategy, financial advisory and restructuring expertise.
 
Prior to joining Alvarez & Marsal (A&M), Myungchul Kim worked as a Managing Director at the Strategic Planning Office of Hyundai Group, where he worked with top management to develop strategy for the reengineering of managerial procedures for the Group and its affiliates – additional recent achievements include the restructuring of debt for Hyundai Merchant Marine across various creditors. Earlier in his career he spent nine years at the Doosan Group, latterly as a Managing Director of the Group Strategic Planning Office.
 
Kim holds a bachelor’s degree in engineering from Hanyang University and a Master of Business Administration (MBA) from Carlson School of Management, University of Minnesota.
Myungchul Kim - A&M

The consulting firm recently announced that Kim will take on the role of Managing Director and Head of A&M Korea. He brings more than 20 years of experience to the role, including considerable experience in the development and implementation of strategic and operational initiatives, post-merger integration, performance improvements, operational turnaround, and business plan development and evaluation.

The addition of Kim to Alvarez & Marsal’s team in Korea, reflects, the consultancy states, its continued commitment to the region – which now numbers more than ten years.

Jim Dubow, co-head of A&M's Asia arm, says, “Kim’s experience aligns with our operational heritage, our reputation for serving in interim management roles and our work with stakeholders on critical initiatives. His deep turnaround and performance improvement expertise along with the range of industries he has worked in, including shipping, construction and heavy industries, will be an asset to our clients in Korea and across Asia.”

Kim adds, “Restructurings can be sensitive, yet they are critical to achieving successful turnarounds and driving toward sustainable corporate performance. I look forward to working with A&M’s private equity and corporate clients on solutions that help strengthen the performance of their holding companies, affiliates and portfolio businesses.”

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