Alvarez & Marsal appoints Haroon Ansary as Senior Director in Middle East
Alvarez & Marsal has appointed banking and restructuring expert Haroon Ansary to the role of Senior Director in the firm’s Middle East turnaround and restructuring team.
With an extensive twenty-year background in financial restructuring, Ansary’s expertise will allow him to support Alvarez & Marsal’s local clients in a period of considerable uncertainty in the region due to commodity squeezes, geopolitics and economic reforms.
His vast experience includes working as a restructuring banker as well as a restructuring advisor, with the combination of banking and restructuring experience a key differentiator for A&M’s wide range of clients and other consulting firms in the region.
Prior to joining A&M, Ansary worked at PwC as a Director for almost two years, based out of the firm’s Dubai office – operating in the Big Four’s Business Restructuring Services practice with a focus on deals in Saudi Arabia. Earlier in his career, Ansary served as a Senior Manager in the areas of corporate recovery and restructuring for the firm for almost a decade.
Following his initial stint for PwC, which was preceded by a Corporate Finance Senior role with Grant Thornton, Ansary served as a Director for Dutch bank ABN AMRO, before moving to the Royal Bank of Scotland for six years, most latterly as a Director in its Capital Resolution Group in London and earlier as a Director in the bank’s Global Restructuring Group.
The new appointment sees Ansary take on the role of Senior Director in A&M’s Middle East turnaround and restructuring team – working out of the firm’s Dubai office, with the firm saying that the appointment reflects both its own growth in the region as well as the growing opportunity and appetite in the market for experienced and astute professionals.
Commenting on the appointment, Neil Hayward, Managing Director and A&M’s Middle East Office Co-Head, said, “Having Haroon join the A&M Middle East team will undoubtedly accelerate the already impressive growth that we are experiencing in the region. Appointing an experienced practitioner truly highlights the importance of the services that A&M offers not only regionally, but also internationally. We are delighted to welcome him on board and look forward to working with our clients on a wide range of opportunities.”
Ansary holds a bachelor of Arts in Accounting and Finance from The Manchester Metropolitan University, and is a fellow of the Chartered Association of Certified Accountants. Recently, Alvarez & Marsal appointed another Senior Director, Pietro Castronovo, for its local Private Equity and Principal Investments practice in the Middle East.