Alvarez & Marsal extended its offerings in China and across Asia by doubling down on its investments in China and scaling up its performance improvement (PI) team in Asia, specifically appointing three new mainland China-based managing directors: Chang Shu, Lin Zhu and Han Tang, as well as two new senior directors: Silver Chen and Daniel Yao. These appointments bolster A&M’s lines of service in strategy, M&A and digital transformation, while extending its integrated platform to help clients capitalize on cross-border trade and investment opportunities across the broader Asia Pacific region and beyond. Additionally, the joining of the new team members furthers A&M’s expertise in fast-growing sectors including auto, advanced manufacturing and healthcare.
The enlarged PI team in China marks the latest milestone of A&M’s strategic growth plan following its early 2023 expansion of the Global Transaction Advisory Group (TAG) in China and its other recent expansions in Australia, Indonesia, Malaysia and Vietnam. A&M North Asia has tripled the number of professionals since 2020.
“The ongoing shifts in Asia, whether economic, technological, or geopolitical, are creating change and pressure at a level not seen for decades. This presents a unique opportunity for us to support our clients in effectively navigating these challenges,” James Dubow, managing director, head of A&M North Asia, said. “Our expansion in China exemplifies A&M’s dedication to leading the way in delivering value-driven solutions that empower businesses to succeed and grow, even in the face of uncertainties.”
“As China and other Asian countries enter a next economic cycle of quality growth, businesses need to reposition themselves to improve efficiencies, innovation and ultimately, returns. In addition, China’s determination to achieve its carbon neutrality goal, under the new development model, is creating significant market demand for green transformation and manufacturing upgrading. A&M’s operational heritage best positions us to help clients in China and regionally unlock their full potential to maximize revenue and drive change,” How Jit Lim, managing director and leader of PI in China, said.
“We recognize that expanding our presence in China and across Asia furthers our ability to be at the forefront of delivering value-driven solutions. Our growing footprint and capabilities across the region underscore our commitment to the region and to providing comprehensive PI solutions that meet clients’ evolving needs,” Dubow said.
“We maintain a long-term perspective and think in terms of decades, not just years. We believe now is the ideal time to attract talent and foster growth.”
