Julia Irvine 20 Nov 2017 12:58pm

Nimmo takes on global insolvency role

KPMG’s UK head of restructuring Blair Nimmo is to head up the Big Four firm’s global insolvency practice, a post that was left vacant following the retirement earlier this year of Richard Heis

Nimmo, who is a Scottish chartered accountant and a licensed insolvency practitioner, will carry on his UK role in tandem with the new appointment. He has led the UK practice – which handles high profile projects such as Monarch Airlines – since March 2016.

Welcoming the promotion, KPMG’s global head of deal advisory Leif Zierz said, “In assuming this global role, Blair brings with him deep insolvency experience, having also recently worked on complex engagements including First Oil Expro, Tullis Russell and Scottish Coal.

“I know that our member firms around the world will benefit from Blair’s sharp market focus and unrivalled expertise.”

Nimmo has more than 30 years’ experience of corporate restructuring across all business sectors, and he currently runs a large team handling personal insolvencies in both Scotland and England.

He also advises stressed and distressed businesses in a wide range of sectors including energy and natural resources, infrastructure and manufacturing, real estate, leisure, as well as football and sporting clubs.

Nimmo said that shaping the direction of KPMG’s global insolvency practice would be a “real privilege”.