The FINANCIAL — KPMG International, the professional services firm providing audit, tax and advisory services, has appointed Blair Nimmo as Global Head of Insolvency. Blair succeeds Richard Heis who retired from the firm earlier in the year.
First joining KPMG in 1991, after training with Cooper and Lybrand’s restructuring practice, Blair has become a trusted advisor to stressed and distressed businesses focusing on solvent turnarounds or insolvent solutions across a wide range of sectors including energy and natural resources, infrastructure and manufacturing, real estate, leisure, as well as football and sporting clubs, according to KPMG.
In March 2016, he was appointed Head of KPMG’s Restructuring practice in the UK, a role which he will continue to hold alongside his new global post.
Leif Zierz, Global Head of Deal Advisory at KPMG, said:
“Our UK restructuring practice is market-leading and, despite relatively benign economic conditions, continues to secure some of the most high-profile projects both in the UK and internationally, such as the administration of Monarch Airlines Limited. In assuming this global role, Blair brings with him deep insolvency experience, having also recently worked on complex engagements including First Oil Expro, Tullis Russell and Scottish Coal. I know that our member firms around the world will benefit from Blair’s sharp market focus and unrivalled expertise.”
Blair Nimmo, Global Head of Insolvency at KPMG, added:
“KPMG has long had a reputation for delivering innovative approaches to complex restructuring assignments, particularly those which cross international borders, so I am delighted to be taking on this new global role. Across the world, our insolvency team continues to go from strength to strength, so the opportunity to help shape the direction of our global practice is a real privilege.”
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