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.
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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Katy Broomhead, Senior PR Manager,
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KPMG press office: +44 20 7694 8773
KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 13,500 partners and staff. The UK firm recorded a revenue of £2.07 billion in the year ended 30 September 2016. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 152 countries and has 189,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.