London – 27 June 2023 – Global professional services firm Alvarez & Marsal (A&M) has accelerated the expansion of its financial services practice by appointing four new senior leaders: Alan Coutts, David Kane, Nneka Orji, Stuart Herron and Roberto Stucchi.  A&M’s financial services practice now has depth across all FS sub-sectors.

Mr. Coutts joins A&M to lead the firm’s Asset Management practice across EMEA. Before joining A&M, Alan was Global Chief Operating Officer, Investments at Abrdn, where he was responsible for shaping the investment operating model during the merger of Standard Life Investments and Aberdeen Asset Management.

Mr. Kane joins A&M to lead the firm’s Alternative Investments practice across EMEA.  Prior to joining A&M, David spent more than 15 years with EY, where he most recently served as a Partner in the Wealth & Asset Management practice.  He specialises in transforming front to back operating models for private capital managers. With these two appointments, A&M establishes a consulting capability to act as true business advisors to the investment management industry.

Ms. Orji joins to lead A&M’s Wealth Management Performance Improvement practice, drawing on her industry experience to offer clients a blend of strategic thinking and operational expertise. She spent nearly 10 years at Deloitte and Accenture, before going on to become Chief Operating Officer at Morrinson Wealth Management to help scale the business.

Mr. Herron has joined A&M to lead the Insurance capability across EMEA.  Prior to joining A&M, Stuart previously held senior leadership roles in Industry and within Insurance Advisory at Deloitte. He specializes in Insurance M&A, transformation and value creation. Stuart has extensive experience in the UK and European Insurance market.

In addition, A&M has bolstered its banking capabilities.

Mr. Stucchi has joined the Performance Improvement team in London as a new MD focused on Banking. Before joining A&M, Roberto spent the last seven years at EY-Parthenon, focusing on corporate strategy, commercial due diligence and ESG; he also spent 11 years at Bain & Company and started his career at PwC.  He brings more than two decades of experience working with banks in Europe and emerging markets.

Alvarez & Marsal’s Financial Services team has grown rapidly in the past 12 months, building out its Insurance and Banking teams as well as hiring 5 new Managing Directors in the EMEA region.

William Conner, Managing Director and Lead of A&M’s Insurance, Asset and Wealth Management practice in EMEA, said: “Our team is dedicated to supporting Insurance, Asset & Wealth Management clients through complex, challenging and urgent events.

The collective expertise of our expanded team bridges the gap between strategy and execution and means A&M is uniquely placed to support firms coming under growing pressure to demonstrate their value in turbulent economic times.”

Ian Foottit, Managing Director and EMEA Banking and Payments Lead at Alvarez & Marsal, said: “Their expertise will be invaluable as we apply our strategic, outcome focused approach to help clients navigate the inevitable disruption associated with the transition to the new normal macro-environment after over a decade of near zero interest rates.”

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About Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems. 

With over 7,500 people providing services across six continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth. 

To learn more, visit: AlvarezandMarsal.com.

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CONTACT:   

Will Thomas
Headland Consultancy, +44 (0)77 7669 2746