Kroll, an independent provider of global risk and financial advisory solutions, is opening a new office in Guernsey in September, strengthening its presence and its restructuring offering in the Channel Islands.
Kroll is a global company with headquarters in New York and over 70 offices serving international clients. The opening of the new office, which is located in Saint Peter Port, coincides with the 10-year anniversary of Kroll’s Jersey presence in the Channel Islands.
The Guernsey office will utilise Kroll’s global restructuring capabilities to serve clients’ financial and operational restructuring needs, as well as provide financial services compliance and regulation services, which are also currently offered by the Jersey office alongside insolvency services.
Paul Clark, Global Head of Restructuring, Kroll, London, commented: “Our expansion into Guernsey is a key opportunity which will allow us to bring our restructuring experience and multi-disciplined transaction capabilities to the local market. Kroll is now in the enviable position with on-the-ground restructuring teams in all key financial centres, which demonstrates our commitment to our clients and our remarkable global reach. We are also expanding Kroll’s offshore restructuring team with the opening of a Bermuda office in the coming weeks.”
John Ayres, who has been appointed as Managing Director, will head the new office. He will be leading a growing team as Kroll looks to expand and build its offering on the island. Ayres joins Kroll with over 25 years’ experience in insolvency, restructuring, forensic and corporate recovery services, including contentious cross-border insolvencies, shareholder disputes, asset-tracing investigations and the realisation of complex and illiquid assets.
John Ayres, commenting on his new role, said: “Setting up the new Guernsey office and growing Kroll’s local restructuring team are very exciting opportunities. Guernsey is a pivotal financial jurisdiction, and I look forward to introducing our global capabilities to many leading practitioners in the Channel Islands.”
In his previous role for a business advisory firm in the British Virgin Islands, Ayres served as Senior Managing Director and head of the Corporate Finance and Restructuring practice. He is a qualified UK Chartered Accountant (ACA) and BVI Licensed Insolvency Practitioner.
Malin Nilsson (pictured) Managing Director, Financial Services Compliance and Regulation, Kroll, Jersey, added: “The opening of the Guernsey office gives us a new platform for expansion, and as such, it is fitting that it has aligned with the tenth anniversary of our Jersey office. Having grown our Channel Islands’ presence through the Jersey office over the last decade, we are now able to bolster our offerings and our footprint through the new Guernsey office.”
The new office is located at: 10 Lefebvre Street St. Peter Port, Guernsey, GY1 2PE