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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Africa»Global Risk and Financial Advisory Solutions Kroll Fortifies Presence in South Africa
    GLOBAL RISK AND FINANCIAL ADVISORY SOLUTIONS KROLL FORTIFIES PRESENCE IN SOUTH AFRICA

    Global Risk and Financial Advisory Solutions Kroll Fortifies Presence in South Africa

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    By Oluwasegun Olukotun on April 3, 2023 Africa, Financial Services

    Global independent provider of global risk and financial advisory solutions,  Kroll,  has announced it has opened a new office in Johannesburg, delivering its international restructuring expertise to South Africa.

    Located in the city’s Sandton financial district, the new office forms part of Kroll’s wider effort to expand its services across the continent of Africa.

    The Johannesburg office will be led by Stefan Smyth, Managing Director of Restructuring at Kroll, who has 15 years of experience advising companies, lenders and investors on restructuring, insolvency and complex business situations in the African market.

    Paul Clark, Managing Director and Global Head of Restructuring at Kroll, commented: “We are delighted to officially open our new office in Johannesburg, enabling Kroll to offer a wider breadth of risk and financial advisory solutions to companies operating in South Africa and across Africa. With more international organizations, lenders and funds now operating in Africa, this new office will allow us to deliver on-the-ground expertise and better serve existing and new clients.”

    Smyth, a licensed Business Rescue Practitioner, will be joined by Alison Timme. Timme will join Kroll’s South Africa restructuring team at the end of April as Managing Director, working with Smyth to deliver Kroll’s restructuring offering to the local market. Timme, also a licensed Business Rescue Practitioner with over 10 years of experience in Africa, will help bolster Kroll’s position as a trusted partner in debtor and creditor restructuring advisory services, business rescue and the provision of restructuring services.

    Mike Cooke, Managing Director and Restructuring Leader for Kroll in Africa added: “Kroll’s restructuring team has advised clients in South Africa for several years. With increased demand for restructuring services resulting from international and domestic challenges, we are delighted to be able to enhance our offering in Africa through a high-quality local team, led by Stefan.”

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    Expansion Kroll South Africa
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    Oluwasegun Olukotun

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