Professional services firm Alvarez & Marsal launched a Scandinavian practice. The firm appointed Joerg Weidenfeld, an alumnus of the consultancy now based in Finland, as a managing director.

Alvarez & Marsal has approximately 2,500 employees working from 40 offices globally. To lead the new practice, the firm lured Weidenfeld to return and tasked him with building a footprint in the region. Prior to re-joining Alvarez & Marsal, Weidenfeld served as a managing partner of Nordic Restructuring Oy, his own restructuring and performance improvement advisory firm in Finland.

“As we move into 2016, the opportunities for European businesses to embrace change, become disruptive, streamline and increase customer centricity will be manifold. Against this backdrop, Joerg’s appointment is excellent timing. We are delighted that another A&M alumnus has returned to work for the firm, Joerg brings a wealth of experience across multiple sectors and will significantly bolster our performance improvement capabilities in the Scandinavian region,” said Tony Alvarez III, managing director at Alvarez & Marsal.