BrazilA&M adds Managing Directors in China, Korea and Hong Kong
Alvarez & Marsal, an international management consulting and financial advisory firm with six offices in Asia, has appointed three new Managing Directors in China, Korea and Hong Kong.
State Shi has joined as Managing Director and Head of Alvarez & Marsal’s Asia Tax practice. With more than 12 years of experience in international taxation and business advisory assistance in Asia, the US and Australia, Shi has advised multinational, private equity and domestic clients on merger and acquisition (M&A) tax-related issues. Prior to joining the consulting firm, Shi spent more than twelve years with KPMG in China, Australia and the US. as an M&A Tax Partner and Lead Tax Partner of the Chinese technology, media and telecommunications (TMT) sector team.
Myung Chul Kim will serve as Managing Director and Head of Alvarez’s Korea office. He will lead local and regional efforts to help Korean clients realise the potential of their businesses and assets. Kim has more than 20 years of experience working across Asia, managing companies and driving performance improvement programs. He joined the consultancy from automotive company Hyundai, where he latterly spent four years in senior management roles.
Paul Forgue re-joined the firm as a Managing Director in Hong Kong and brings extensive experience in operational turnarounds and financial restructuring, having worked across multiple industry sectors in the US, Greater China and Southeast Asia. He has spent more than twenty years providing advisory services and also recently served as the Chief Financial Officer and Chief Operating Officer of Truett-Hurst, a California-based Nasdaq-listed winery.
Commenting on the senior additions, James Dubow, co-head of Alvarez & Marsal’s Asia practice, said: “The appointments of State, Myung Chul and Paul furthers our ability to deliver end-to-end solutions for clients and demonstrates our continuing commitment to meeting their needs.”
Last month Alvarez & Marsal bolstered its Asian footprint with the opening of a new office in Singapore.
