Sykes, formerly of Moore Stephens, where he was national head of restructuring and insolvency, has more than 30 years experience in the field.
Specialising in corporate restructuring since 1980, Sykes has worked across a number of sectors. These include retail, property and construction and financial services.
Graham Bushby, Baker Tilly’s national head of restructuring and recovery, said the appointment would help to strengthen the firm’s restructuring and recovery division, and would be beneficial for clients.
Bushby said, “Phillip brings with him a great deal of experience and knowledge in the area of corporate restructuring and I am delighted to welcome him as head of our London team.
“He is well known and respected in the industry and his experience will be of huge benefit to existing and potential clients.”
Sykes, who is the current vice president of insolvency trade body R3 – and is expected to become president in 2015 – said he was “enormously excited” to be joining Baker Tilly.
He said, “I am enormously excited by my appointment to head up Baker Tilly’s London restructuring and recovery team.
“It is a great firm and has huge opportunities to develop an already very successful practice. I hugely look forward to being part of this.”