*KPMG’s UK head of transactions and restructuring has been confirmed as the new UK head of advisory.
Richard Fleming was promoted as part of the leadership appointments made by Simon Collins, UK chairman elect at the consultancy group.
Fleming has previously acted as administrator or company voluntary arrangement supervisor on numerous high profile businesses such as MF Global UK, Peacocks, Blacks, JJB and Connaught.
As part of the new appointments, Karen Briggs will take on the head of risk consulting role (replacing Adam Bates who moves on to head of Innovation for KPMG) and Mark Hutchinson continues in his role as head of management consulting.
Both will report into Fleming who will continue his work as an insolvency practitioner, active in the market, as well as heading up the Advisory practice.
Speaking on the announcement, Fleming noted business demand for an increasingly broad mix of advisory services, given the current economic climate.
He added: “Our advisory experts work across the corporate health spectrum, from enhancing business profitability to assisting businesses in distress.
“There are numerous examples where our specialists have worked together to deliver a range of services on a particular case.
“The special administration of MF Global UK being a high profile example, which has involved not only our insolvency experts but technology specialists from management consulting and forensic experts from risk consulting, to name but a few.”