Alvarez & Marsal opens new office in Singapore, fifth in Asia
Professional services firm Alvarez & Marsal has opened a new office in Singapore, its fifth in Asia.
“The opening of our Singapore office furthers our ability to deliver end-to-end solutions for clients and demonstrates our continuing commitment to meeting their needs,” said James Dubow, co-head of Alvarez & Marsal’s Asia practice.
Globally, Alvarez & Marsal (A&M), founded in 1983, has around 2,800 employees across more than 40 offices in North America, Europe, Asia, Latin America and the Middle East. The launch of its new Singapore hub – A&M has been active in the country for years through its international network – ramps up the firm’s on the ground operations in Asia to six offices, following Beijing, Shanghai, Mumbai, Seoul and Dubai.
The Singapore office of the consulting firm will serve Southeast Asia-based clients seeking hands-on operational expertise in support of their businesses, as well as global companies with operations in the region. “Our growing footprint in Asia will enable us to help clients better navigate the multiple business climates and regional issues they face,” said Dubow.
The new office, which is based in Marina Bay Financial Centre, will be overseen by Thomas Dillenseger, a veteran of Alvarez & Marsal in Asia. Dillenseger has more than 18 years of experience in financial and operational restructuring and performance improvement initiatives, serving clients in a range of industries, including automotive, aviation, leisure, financial services and banking, manufacturing and heavy industry, mechanical engineering, real estate, retail and wholesale, and shipbuilding. Before joining A&M, Dillenseger was a corporate finance manager with Big Four firm PwC in the UK and Germany.
Throughout his career, Dillenseger served as Chief Restructuring Officer (CRO) and Chief Financial Officer (CFO) of several companies, he acted as country head for Lehman Brothers Korea, Lehman Taiwan and Lehman Philippines, and he advised many executives on financial restructuring and management of non-performing loan (NPL) portfolios.
Thomas Dillenseger earned a Diplom-Kaufmann (German MBA equivalent) from University of the Saarland, Germany, majoring in corporate finance, corporate and civil law and management information systems.