RSM UK appoints partner to further bolster its restructuring practice

Leading audit, tax and consulting firm RSM UK has appointed David Shambrook as a partner in the London office. David will join the firm’s restructuring team within consulting.

David has 18 years’ experience in restructuring and has led on various advisory, turnaround, rescue and formal restructuring projects. He was previously a partner at FRP, where he helped to develop the restructuring and advisory teams.

David helps businesses navigate situations of financial and operational stress and distress. He has worked with a wide range of stakeholders including management teams, corporates, investors, lenders, banks, private equity houses, debt funds and hedge funds, across various sectors and jurisdictions. He has particular sector expertise in care, financial services, manufacturing, construction and real estate.

He has also previously undertaken secondments at Lloyds Bank and Santander. These involved managing portfolios of distressed customers on behalf of the banks, including several high value corporate and leveraged finance deals.

At RSM, David will focus on growing the firm’s corporate restructuring practice and strengthening its offering to upper mid-market businesses. He will have a pivotal role in building upon relationships with banks, other lenders and funds.

David Shambrook, partner at RSM UK, said: ‘I’m excited to join the growing RSM team, so I can use my restructuring expertise to help more clients navigate complex and often challenging situations, by utilising the wide array of value-add services RSM offers. This is particularly relevant now, given the tough economic climate, which is creating challenges for businesses of all sizes and across many sectors.’

Kirsty Sandwell, head of consulting at RSM UK, said: ‘It’s brilliant to have David onboard to strengthen our consulting offering further – making this our 7th partner hire in the team within the last six months. As a leading specialist, David is well placed to support businesses through what could continue to be a tricky trading environment next year.’

By Mark Adair – Correspondent, Bdaily

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