KPMG appoints Nimmo insolvency head
KPMG International, the professional services firm providing audit, tax and advisory services, has appointed Blair Nimmo as global head of insolvency.
Blair succeeds Richard Heis who retired from the firm earlier in the year.
First joining KPMG in 1991, after training with Cooper and Lybrand’s restructuring practice, Nimmo has become a well-known adviser to distressed businesses focusing on solvent turnarounds or in solvent solutions across a wide range of sectors.
These have included energy and natural resources, infrastructure and manufacturing, real estate, leisure, as well as football and sporting clubs.
In March 2016, he was appointed head of K PM G’ S restructuring practice in the UK, a role which he will continue to hold alongside his new global post.
LeifZierz, global head of deal advisory at the firm, said: “In assuming this global role, Blair brings with him deep insolvency experience, having also recently worked on com- plex engagements including First Oil Expro, Tullis Russell and Scottish Coal. I know that our member firms around the world will benefit from Blair’s sharp market focus and unrivalled expertise.”
Ni mmo said that the firm had a reputation for delivering complex restructuring assignments, particularly crossborder, “so I am delighted to be taking on this new role. Across the world, our insolvency team continues togo from strength to strength, so the opportunity to help shape the direction of our practice is a real privilege”.