Pablo Blanco joins as a Managing Director, advancing the firm’s capabilities aligned with its rapid growth across EMEA

Madrid – June 8th, 2022 – To further build out its Chief Restructuring Officer (CRO) offering, leading global professional services firm Alvarez & Marsal (A&M) has appointed Madrid-based Pablo Blanco as a Managing Director within its Restructuring & Turnaround practice in Spain. Mr. Blanco’s joining advances A&M’s strategic growth plans in the region and across EMEA while reaffirming its commitment to help financial institutions navigate challenges in pursuit of driving change.

This appointment extends the growth of A&M’s CRO services in Europe, following the recent hire of London-based Alfredo Bello, a Managing Director and new Co-head of the firm’s European Bank Restructuring practice. Mr. Blanco’s joining will provide boots-on-the-ground expertise to help clients capitalize on recent legislation in Spain allowing for more agile and flexible pre-insolvency procedures with a broader scope to promote restructuring at an earlier stage.

Mr. Blanco brings over 20 years of restructuring and transformation to A&M, with primary areas of concentration in operations and finance, debt, and mergers and acquisitions. He has managed projects across multiple jurisdictions including Spain, Portugal, the United Kingdom, Germany and Latin America. Additionally, Mr. Blanco has worked across a range of industries, including manufacturing, construction, and rental machinery and services.

Prior to joining A&M, Mr. Blanco recently served as Chief Executive Officer with ArcelorMittal Tubular Products in Germany and led the business turnaround. Previously, he founded and led Phoenix Recovery Management, where he managed the debt and equity stakes of the largest Spanish banks in various operating companies. Additionally, he spent over nine years with Prosegur and served as a Management Consultant with McKinsey & Company.                            

Mike Corner-Jones, Managing Director of A&M’s European Company-side Restructuring team, said: “Pablo’s deep debt, mergers and acquisitions and industry experience further solidifies A&M’s restructuring & turnaround market leader position and our CRO capabilities across Europe. His hiring is another milestone in the development of our services in Spain and represents our cross-border approach of senior leaders who align with the firm’s operational heritage and results-oriented mindset.”

Fernando De La Mora, Managing Director of Alvarez & Marsal Spain and Portugal, said: “Over the last 12 months A&M in Spain has experienced rapid growth and increased demand for our lines of services and leadership. Pablo’s deep restructuring and transformation knowledge builds on our established CRO offering in Europe while furthering our ability to solve for clients’ current and future complex problems.”

Julio Manero, Managing Director of CRO services in Spain said: “Pablo’s hire is opportune as new insolvency legislation in Spain is increasing demand for restructuring & turnaround services. His joining strengthens our ability to serve as and advise CROs, amidst a progressively complex landscape, with the goal of creating value and driving change.”

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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 6,000 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.

CONTACT:   

Juan Jorganes, Kreab, +34635583088, jjorganes@kreab.com

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