James Dervin enhances A&M financial restructuring wing
Alvarez & Marsal has announced the appointment of James Dervin as Managing Director in London. The former Deloitte Partner will now work to further develop its financial restructuring capabilities in EMEA.
Speaking on his new role, Dervin said, “I’m delighted to be joining a firm whose very DNA is restructuring and turnaround, with an established, match-fit bench across continents, and in the UK. The absence of audit conflicts means A&M has the full service, rapid-response capability required in restructuring situations. I look forward to working with, and across from, new and old friends in our ever-evolving markets.”
Alvarez & Marsal (A&M) is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. With over 5,400 people across four continents, the firm leverages its restructuring heritage for corporates, boards, creditors, private equity firms, law firms and government agencies facing complex challenges.
As it continues the expansion of its financial restructuring capabilities in Europe, the Middle East and Africa (EMEA), Dervin will also enhance the capabilities of the financial restructuring team across the UK. He brings more than 20 years of experience, advising and supporting financiers, borrowers and other stakeholders in stressed and distressed situations, in both developed and developing jurisdictions, with cross-border dimensions and tiered capital structures.
Paul Kirkbright, Managing Director and Head of EMEA Financial Restructuring Advisory at A&M, remarked, “[Dervin’s] in-depth knowledge advances our ability to meet increasing client demands, aligns with our operational heritage and extends our cross-border offerings. Over the next six months we will be looking at additional local hires across EMEA to best help clients navigate post-pandemic uncertainties.”
Along with leading complex restructuring situations across EMEA, Dervin has direct experience working in the Middle East and other developing markets. Prior to joining A&M, he spent 16 years with Deloitte’s restructuring advisory team, eight of which were as a Partner. While there, he worked on high-profile European financial restructurings, often with gulf-dimensions. Following the Global Financial Crisis and completing several gulf related restructurings from London, he was seconded to Deloitte Middle East and led the Financial Advisory business in Abu Dhabi – working with international and regional financial institutions, sovereign and government clients throughout EMEA and India, before returning to London in 2017.
Richard Fleming, European Head of Restructuring at A&M, concluded, “James’s joining bolsters A&M’s capability to deliver high quality impactful multi-jurisdiction results, as demonstrated in the widely reported NMC restructuring. His arrival enhances our ability to fuse developed-market thinking with Middle East regional-market insights to deliver optimal outcomes for our local and international clients.”
