Problem Solving
- Major distressed credit resolution
- Business turnaround / restructuring
- Major issue investigation and resolution
- Preparation for business/portfolio sale
Selected Assignments
- Transformed ailing major UK financial services business, returned to profitability, subsequently sold business on behalf of new US shareholder at significant gain
- CFO of start up business acquiring 60,000 residential properties; created information rich and highly controlled business infrastructure to enable securitisation after 12 months creating cash release of over £200million
- As Executive Chairman transformed loss-making £500million UK healthcare financing business into best practice commercial mortgage servicer, sold to major US conglomerate, securitised portfolio at £27million gain
- Bank steering committee member of 26 bank syndicate funding loss-making major international hotel chain (150 hotels worldwide); led sale of all c.$1billion senior debt at 99% of par, a gain of c.$200million
- Sold major tranche in downgraded international stadium development syndicate at significant gain
- Re-engineered NPL collections in 5 countries, implemented robust execution of outcome-based, “next action” collections process and implementation of real time information rich data warehouse
- Restructured and de-risked distressed complex property loan over portfolio of 1,100 apartments in former Eastern bloc jurisdiction
- Resolved major water pollution from repossessed coal mine at no cost to owner