Alvarez & Marsal appointed Neil Hayward managing director and head of the Middle East Restructuring and Turnaround team.

Hayward brings 18 years of experience in restructuring services to his new role and was recently named among the top 20 of Global Restructuring Review’s list of “The New Insolvency Advisers.”

Hayward has advised boards, management teams, banks, bondholders and governments in relation to turnaround or distressed situations. He has advised on projects across a range of sectors including oil and gas, financial services, food manufacturing, manufacturing, construction and real estate and retail.

Stephen Millington, managing director of A&M Middle East, said, “A&M’s operational heritage has made the firm a trusted advisor in turnaround and restructuring. Neil’s in-depth industry expertise aligns with our commitment to maximize recoveries and drive value for clients.”