FRP appoints two new experts in London arm

19 January 2022 Consultancy.uk 2 min. read
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Business advisory firm FRP has expanded its London-based restructuring team with two new senior hires. Dan Conway joins as a Partner while Tom Berry joins as a Director.

Jeremy French, Chief Operating Officer, FRP, said of the new hires, “Dan and Tom are both highly experienced practitioners, demonstrating a track-record of successfully managing complex issues and each bringing hard-earned sector insight that will be invaluable to their clients.”

French added that the appointments will help FRP meet changing demands for the year ahead. The consultancy is currently reviewing areas where it can grow or bolster teams to ensure FRP can offer the right support to colleagues, and the businesses and organisations it works with.

FRP appoints two new experts in London arm

Conway is a chartered accountant and qualified insolvency practitioner. Having joined the Financial Conduct Authority in 2015, he was appointed to design the FCA’s supervisory approach to minibonds, and in 2020 was given responsibility for delivering the regulator’s resolution strategy for distressed regulated firms. Prior to his time with the watchdog, he worked for 18 years with BDO, in its audit, assurance and restructuring roles. This included leading BDO’s corporate streamlining and liquidation team. At FRP he will focus on supporting regulated financial services firms.

Speaking on the appointment, Conway remarked, “Regulated firms have specific considerations to address when they face financial distress, and it’s essential they receive the right support as they navigate the restructuring processes. I’m looking forward to applying my first-hand experience of working with the regulator and with financial services businesses to help them through these procedures, and to ultimately secure the best possible outcomes for all stakeholders involved.”

Berry is also a chartered accountant – and similarly began his career in audit at BDO, before moving to Deloitte in 2006. In 2008 he joined Deloitte’s corporate restructuring group, working on major cases beginning with the insolvency of Woolworths and the regulatory response to the global financial crisis. Most recently, he spent three years as Assistant Director, UK Government Investments, with HM Treasury. At FRP he will work closely with restructuring advisory teams across the business’ 23-strong office network to provide restructuring support to both private and public sector clients.

Reflecting on his new challenge, Berry added, “These remain challenging times for businesses, but the right restructuring solutions can help protect and recover value. In this role, I’ll be coupling my in-depth experience of Whitehall with my experience in the private sector to help businesses and public sector organisations successfully confront issues head-on and respond with constructive, effective and sustainable strategies.”