Mr. Kumar recently advised the Dutch state on the sale of strategic assets. Prior to this, Mr. Kumar worked on restructuring / review of €1.5bn international portfolio of a large Southern European Bank. Earlier he assisted HETA in Austria with resolution planning and recovery assessment.
Mr. Kumar helped Spanish government with design and implementation of Asset Management Company (SAREB) to receive problematic assets from various participating banks. He was responsible for defining and evaluating target operating models and organization design. Prior to that he assisted a large Spanish bank with divestment plan for a nearly €40bn, mainly real estate portfolio.
Prior to that, he assisted a leading bank in the Central Europe with restructuring of nearly €8.6bn Non Performing Loans (NPLs) portfolio spread over 11 countries. Prior to that, Mr. Kumar assisted the National Asset Management Agency (NAMA) with valuations to facilitate acquisition of loans from the participating financial institutes in the Republic of Ireland.
Earlier Mr. Kumar worked on the Lehman Brothers Holdings International (LBHI) restructuring project where he was part of the A&M team managing $1.5bn portfolio of NPLs, real estate, private equity and listed securities in Asia.
In addition, Mr. Kumar has led several DD engagements with a number of PE clients in Europe and Middle East. Recent assignments included credit DD and estimation of expected losses for a portfolio in Poland, NPL portfolio review in Italy consisting of consumer as well as corporate/SME loans with a variety of collaterals, interim management for an investee company in the Middle East and valuation of a target bank in Eastern Europe.
Prior to joining A&M, Mr. Kumar worked with Coats Plc. (owned by the Guinness Peat Group, a diversified investment holding company with around $1.5bn shareholder's fund), a leading supplier of sewing thread and consumer hobby products with a $1.6bn turnover. Whilst at Coats, Mr. Kumar co-led the Company's annual strategy and planning exercise with sales and finance heads of various subsidiaries in over 67 countries and coordinated due diligence from the commercial side for Coats in their sale to the Guinness Peat Group in 2003 and later refinancing of the loan.
Mr. Kumar earned a bachelor's degree in engineering from the Indian Institute of Technology, Delhi and a post-graduate diploma in business administration from Indian Institute of Management, Kolkata. He also holds a CFA charter and a CAIA Charter. A UK national, Mr. Kumar is fluent in English and Hindi.