13 May 2008In Business and Economy
Ernst and Young has announced the addition of David Hargrave to its restructuring business.
The firm says the new appointment will continue to grow its European market presence as businesses face increasingly difficult economic conditions.
Mr Hargrave has been hired as a partner after a period of 21 years working with PricewaterhouseCoopers. His duties will include the responsibility for advising lenders in syndicated or complex restructuring situations.
Alan Bloom, global head of restructuring for Ernst and Young, spoke of his delight at Mr Hargrave joining the team of restructuring professionals and outlined how the appointment shows the firm's dedication to increasing its European presence.
"He brings with him a strong market network and restructuring experience spanning the past two decades. I have no doubt he will make a difference to our practice," added Mr Bloom.
In other recruitment news, Paul Stockton has joined the board of Rathbone Brothers as
finance director. The firm manages £12.4 billion of funds, including £1.7 billion managed by Rathbone Unit Trust Management, reports dofonline.co.uk.
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