Alvarez and Marsal appoints new managing director

Leading global professional services firm Alvarez and Marsal (A&M) has announced the appointment of James Dervin as its MD, tasked with continuing the expansion of its financial restructuring capabilities in Europe, the Middle East and Africa (EMEA).

According to A&M, Dervin will “enhance” the capabilities of the financial restructuring team across the U.K., and Europe and “further develop” its business in the middle east region.

It revealed Dervin 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.

Prior to joining A&M, the firm has said Dervin spent 16 years with Deloitte‘s restructuring advisory team, eight as a partner/managing director and he worked on “high-profile” European financial restructurings, often with gulf-dimensions. 

Paul Kirkbright, MD and head of EMEA financial restructuring advisory at A&M, said: “James’ unique combination of expertise will help create value for our clients. His in-depth knowledge advances our ability to meet increasing client demands, aligns with our operational heritage and extends our cross-border offerings.”

Dervin added: “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 U.K. I look forward to working with, and across from, new and old friends in our ever-evolving markets.”