| | FTI Palladium Partners,
FTI Consulting’s interim
leadership arm, is to
build on the growth in
demand in Europe for its
services by expanding its
network to London. The UK
practice is to be headed
by Mark Palios, former
chief executive of The
Football Association in
the UK, who has over 20
years’ experience in the
turnaround industry.
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FTI PP was established
two years ago to provide
a sole focus on interim
leadership. This was
largely in response to a
shift in the growing
international marketplace
for turnaround skills.
This is a market which
was once driven solely by
demand from the large
banks in their
traditional position as
lenders. Now, | |
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| | increasingly in the US
and Europe, demand is
being driven by
international players in
private equity and
distressed fund groups
requiring assistance with
various investments in
portfolios.
Palios has a mandate
to build the practice in
the UK by developing a
cadre of top
professionals to provide | |
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| | leadership for companies.
This team will be
responsible for
analysing, devising and,
most importantly,
implementing credible
restructuring plans to
deliver long-term
viability.
Prior to his position
as chief executive at the
FA, Palios was UK leader
for Business Regeneration
at PricewaterhouseCoopers | |
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| | (PwC) where he developed
that firm’s approach to
corporate turnaround and
pioneered the development
of executive leadership.
While at PwC, he worked
with several other PwC
Business Restructuring
Services partners who
joined FTI in the US in
August 2002.
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