Alvarez & Marsal appoint Ron Thompson head of restructuring for Asia

Alvarez & Marsal have appointed Ron Thompson as Managing Director and Head of Restructuring in Asia. Thompson is a veteran of the Asian restructuring market having worked in China for over 30 years. He will be based out of Hong Kong with a focus on China.

Thompson has worked in multiple sectors across the Asian financial world and has wealth of career experience in corporate finance. Before joining Alvarez & Marsal, he worked at Bear Stearns, Bank of China International and most recently at Standard Chartered where he served as the head of the workout practice in Taiwan and ultimately as the Chief Credit Officer for China.

The new Head of Restructuring for A&M’s Asia practice originally graduated from his bachelor’s degree at Colby College in the US with Magna Cum Laude and earned an MBA from Duke University’s Fuqua School of Business. He also studied Chinese literature at Peking University and has since become fluent in Mandarin Chinese. With A&M, Thompson’s focus will be on financial restructuring in Asia. He has experience as a creditor, investor and advisor as well as having participated as a board member on a number of operational turnaround situations. Mr. Thompson has worked in multiple functions across a broad range of industries including fast moving consumer goods, power generation, metals and mining, construction, manufacturing, telecom and technology and financial institutions.

“Ron has worked in China since 1988 and possesses a depth breadth of experience that is virtually unrivalled,” said James Dubow, head of A&M’s Asia practice. “He knows the market and understands the range of challenges our clients face. His in-depth knowledge is critical for businesses seeking ways to get back on their feet and unlock value.”

The privately held management and consulting firm operates across four continents and has offices scattered across Asia, including Shanghai, Beijing and Hong Kong. Alvarez & Marsal have been in operation since 1983 and are known for their commitment to improving performance and achieving sustainable results. Globally, the firm has a headcount in excess of 3000 employees.

As to its Restructuring division, the firm offers a broad range of services, including interim & crisis management and insolvency management in addition to fiduciary services, lender and UCC advisory, restructuring and corporate finance - serving a diverse range of industries from aerospace and automotive right through to real estate and healthcare.