Paul Gilbert leads A&M's Middle East restructuring practice
Bringing more than 25 years of experience to the region, Paul Gilbert has been named Head of Alvarez & Marsal’s Turnaround & Restructuring practice in the Middle East.
Paul Gilbert has been with Alvarez & Marsal for fourteen years now, serving the firm’s London office. He joined the global management consulting firm from Red Bee Media where he was Chief Financial Officer, and before that, he spent two decades at PwC in its Turnaround & Restructuring practice across its offices in the UK and the Czech Republic.
In his new role, Gilbert leads Alvarez & Marsal’s regional team of turnaround consultants and interim restructuring officers. Alongside his practice lead role, he currently is working on the complex restructuring of NMC Health, in charge of the finance workstream.
“We are very excited to welcome Paul to the Middle East team,” said Saeeda Jaffar, the Managing Director of Alvarez & Marsal in the Middle East.
Experience under his belt includes advising on the restructuring of South African Airways which had been placed into formal business rescue proceedings. Prior to that, he worked with a large European heavy industry group on turnaround and restructuring options and advised a large international investment group that had liquidity difficulties due to underperformance.
He also served as the deputy Chief Restructuring Officer (CRO) of Edcon – South Africa’s largest non-food retailer – advising on the financial restructuring of its €1.6 billion in debt, and supported the restructuring of Essar Steel in India, a project which last year was named was recognised as an industry best practice at an international awards competition.
The senior hire comes at a time of strong growth for Alvarez & Marsal in the region, having grown from 10 employees in 2015 to over 50 today. In the coming three years, the consultancy aims to add another 100 to its headcount.