KPMG have announced the appointment of David Burlison as global head of restructuring and Mark Firmin as UK head of restructuring.
Burlison was appointed as partner at KPMG in 2004 before heading to the United Arab Emirates to establish the company’s restructuring practise in the region.
KPMG said Burlison will combine the role as global head with leading the development of the firm’s company-side restructuring practice in the UK, encompassing its debtor financial restructuring capability, chief restructuring officer offering and distressed debt advisory function.
Commenting on his appointment, Burlison said: “The last five years in the Middle East where I have been involved with restructurings covering a range of regions from South East Asia, Africa, Europe and North America, and also dealing with investors and lenders from across the globe, has highlighted the importance to me of a truly joined up global restructuring practice.
“Combining our local knowledge with our international capabilities and network enables us to differentiate ourselves in the market, and deliver what our clients expect from a global firm such as KPMG.”
Firmin has taken over the role of UK head of restructuring from Richard Fleming, who is also head of advisory at KPMG. Firmin was previously head of restructuring for regional businesses at KPMG, after having been promoted to partner level at KPMG Leeds in 2006 and holding the position of northern head of restructuring since 2009.
Firmin said: “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.”