KPMG has announced the appointment of Mark Firmin as UK Head of restructuring.
Mark Firmin takes over the role from Richard Fleming, who has led the team since 2008 alongside his primary role as KPMG’s UK head of advisory.
Mark was promoted to partner in the firm’s Leeds office in 2006. He took over from Richard Fleming as KPMG’s Northern head of restructuring in 2009 and, just under two years ago, became head of restructuring for KPMG’s regional businesses.
During his career, Mark has advised a wide variety of stressed and distressed companies and their stakeholders. His clients range from specialist lending teams in all the main clearing banks, other large financial institutions and major plcs to the boards of small owner managed businesses. As a licensed insolvency practitioner, Mark has also led many insolvency appointments over the years and has consequently run companies operating across a wide variety of sectors.
He said: “I am delighted to be taking over the reins of our UK restructuring practice from Richard Fleming at this pivotal point in the economic cycle. Over the years, we have developed a highly-skilled and experienced team of people who, in conjunction with specialists from the wider KPMG firm, have been hugely successful at helping businesses and their stakeholders navigate through periods of stress and distress.
“I’m excited and proud to be leading such a high-performing team into the next economic cycle and look forward to the challenges ahead.”
KPMG’s restructuring practice in the UK comprises more than 600 professionals providing services and advice to organisations facing situations of stress or distress. Most recently, the team has led on high-profile corporate insolvencies including the administrations of Unipart Automotive Ltd and Ferguson’s Shipbuilders.
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