Global professional services firm Alvarez & Marsal appointed Myungchul “MC” Kim, an expert in corporate restructuring and business performance improvement, as managing director and head of A&M Korea.

Kim will supervise A&M Korea’s operations, strategy, business development and client management. He will work closely with A&M’s Asian and global teams to bring solutions to clients in Korea. A&M’s footprint in Korea spans across corporate restructuring, performance improvement and transaction advisory.

Kim brings more than 20 years of business management and restructuring experience with leading companies in Korea. Prior to joining A&M, Kim was managing director of Hyundai Group’s Strategic Planning Office. Recently, he led the successful debt restructuring for Hyundai Merchant Marine based on close cooperation between the government and a private company.

Kim also served as a managing director of Doosan Group’s Strategic Planning Office and was responsible for strengthening its capabilities and improving performance across the group’s affiliates.

“MC’s experience aligns with our operational heritage, our reputation for serving in interim management roles and our work with stakeholders on critical initiatives,” said Jim Dubow, co-head of A&M Asia. “MC’s deep turnaround and performance improvement expertise along with the range of industries he has worked in, including shipping, construction and heavy industries, will be an asset to our clients in Korea and across Asia.”