Azets adds two senior members to restructuring team

Azets Group has revealed it has “expanded and strengthened” its restructuring offer, with the appointments of Colin Haig, as head of Restructuring and, Matthew Richards, as a partner in the restructuring team.

Haig has been at the centre of the business restructuring industry for over 40 years, and is the current president of R3, the trade association for the UK insolvency and restructuring profession.

He joins Azets from BDO, where he was a restructuring partner. Prior to that he was a partner and member of the restructuring leadership teams at both KPMG and PwC. Haig was also previously president of the Insolvency Practitioners Association.

Richards is a licenced insolvency practitioner, with an established career within the ‘Big 6’ international accountants.

He joins the Azets team from Grant Thornton, where he was a director and licensed insolvency practitioner in the business advisory team and worked on a number of high profile clients including acting as nominee and supervisor of Company Voluntary Arrangements for clients in the retail and casual dining sectors.

Prior to joining Grant Thornton, he worked with Haig as a senior manager in the deal advisory team at KPMG, and before that in the restructuring team at PWC.

William Payne, Azets Regional CEO, said: “These appointments reflect our focus on being able to offer practical and constructive advice when clients need it most. Bolstering our restructuring offering is about getting clients through what is likely to be a challenging time for many businesses over the coming months. It’s vital to them that we have this ability and can ensure they are best placed to thrive again when conditions return to normal.”