Vikas Papriwal leads FTI's Corporate Finance & Restructuring practice

06 November 2020 Consultancy-me.com

After spending over fifteen years at KPMG, Vikas Papriwal has joined FTI Consulting as Head of its Corporate Finance & Restructuring segment in the Middle East.

Appointed a Senior Managing Director in Dubai, Papriwal will lead FTI Consulting’s regional team specialised in mergers & acquisitions, transaction support, business transformation, turnaround and crisis management, dispute advisory and corporate governance.

The Corporate Finance & Restructuring practice operates alongside FT's four other divisions, and is one of the larger practices of the quintet on the back of the firm's heritage in the segment. Globally, the arm is led by Carlyn Taylor and Michael Eisenband.

“Vikas brings with him extensive strategic and leadership acumen and an extensive network at what is an exciting time of growth for our Corporate Finance & Restructuring practice,” said Simon Granger, a Senior Managing Director and the EMEA Head of Corporate Finance & Restructuring at FTI Consulting

Vikas Papriwal, FTI Consulting

From a client perspective, Papriwal focuses on restructuring and transactions advice. During his nearly 30-year career in the field he has worked on over 200 restructuring and transactions projects in over 15 countries, serving a wide range of private equity, sovereign wealth, and corporate clients.

Papriwal joined the Big Four world back in 1993. After spending eleven years at Arthur Andersen and EY, he joined KPMG as a partner. During his time in the UK, Papriwal advised on some of the largest leveraged buyout transactions in Europe, including Casema - Essent Kablecom and Multikabel, Danish, Belgium, and Swedish Posts, Com Hem, and UPC Sweden.

He relocated to the UAE in 2014, and most recently served as KPMG’s Head of Transactions & Restructuring and latterly as Head of Advisory for the Lower Gulf region. Notable projects he was worked on include advising on the sales of GEMS International and Drydocks Dubai.

Papriwal recently also served on the Board of one of the largest government-related entities in the Middle East as Lenders' Representative. He helped lenders increase their recovery to 100% on this $25 billion debt restructuring with asset across logistics, hospitality, real estate, gaming, ship building, and private equity. 

“Vikas’ appointment will further bolster FTI Consulting’s ability to support clients with a myriad of financial, operational and transactional challenges,” said Granger. “It also further enhances our reputation as a leading global independent restructuring firm.” 

Having broken the news on LinkedIn, Papriwal has since been overwhelmed by congratulatory messages from former and new colleagues (over 500 likes and comments at the time of writing). Papriwal himself took the pen to state, “I am excited to be joining a fantastic firm with a solid reputation in the region and globally. I hope to combine my experience and local knowledge with the strength of the FTI network to serve our clients in these truly unprecedented times.” 

Earlier this year, FTI Consulting acquired Delta Partners, a Dubai-headquartered global TMT consultancy.


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