New York – Leading global professional services firm Alvarez & Marsal (A&M) Private Equity Performance Improvement has appointed Tamseel Butt a Managing Director within the Insurance and Risk Advisory Services practice. Mr. Butt’s hire reflects A&M’s ongoing commitment to helping companies and investors address current and future financial performance and operating risk concerns in a rapidly changing insurance marketplace.

A 25-year industry expert, with extensive strategy, operations and technology experience, Mr. Butt specializes in operational improvement in the insurance sector. He focuses on helping companies identify areas of performance improvement in their organizations and creating frameworks to accelerate transformation and strengthen their operations. 

“Tamseel’s in-depth insurance sector knowledge, along with his wealth of insurance transformation and process improvement experience, enhances A&M’s capabilities to identify and improve financial outcomes for our clients. With such experience, Tamseel, will be integral to supporting the planned growth of our Insurance Strategy, Operations and CFO solutions by augmenting our deep financial skills with technology and operations knowledge,” said James McDermott, Managing Director and Leader of Alvarez & Marsal’s Insurance and Risk Advisory Services. 

Before joining A&M, Mr. Butt led strategy, transformation, and operations for MetLife’s Life & Annuities business and managed their global centers of excellence, supporting business growth, optimization, and technology portfolios. During his tenure at the company, Mr. Butt managed a global program portfolio with projects including digital innovation, process simplification, and cost improvements.

Mr. Butt has held roles at AIG, overseeing the transformation of its global Financial Planning & Analytics function and at EY, where he led insurance operations improvement advisory services. Additionally, he served as a Partner at IBM, and as a Managing Director at BearingPoint.

“A&M’s bias towards action and pragmatic approach differentiates our ability to help clients identify risk and navigate the adjoining operational, investment and value creation opportunities. As trusted advisors, clients turn to A&M for the kind of experience and industry expertise that Tamseel brings to our firm,” said Nick Alvarez, Managing Director and National Practice Leader of Alvarez & Marsal’s Private Equity Performance Improvement group. “His extensive insurance performance improvement and large-scale business transformation experience will benefit our corporate clients, as well as our private equity clients and their portfolio companies regardless of industry focus.”

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 5,500 people across four 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. Follow A&M on LinkedIn, Twitter, and Facebook.

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Sandra Sokoloff, Senior Director of Global Public Relations Alvarez & Marsal, +1 212-763-9853