Business and financial adviser Grant Thornton UK LLP has promoted Colin Diss to partner in its insolvency and asset recovery team.
Diss, who has been with the firm for over 15 years after first joining its graduate scheme in 2005, is a licensed insolvency practitioner. He has a particular focus on the development, financing and execution of enforcement and asset recovery strategies, and specialises in the use of international insolvency techniques as a tool to trace and recover assets.
Diss has experience in breaking structures and recovering assets from global jurisdictions including the Middle East, the Caribbean, USA, India, Hong Kong, Cyprus and Switzerland. He has also played an integral role in the development of the Asset Recovery Fund, a unique joint venture partnership established to provide bespoke financing for complex asset recovery and enforcement claims.
In his new role Diss will focus on expanding the firm’s offering in areas including judgment enforcement and the work out of non-performing loans, focusing on the UK, Middle East and the Caribbean offshore financial centres.
Diss commented: 'I am truly excited to be joining the Grant Thornton partnership as I continue to expand the firm’s fantastic and well-established Insolvency and asset recovery team. With ongoing global economic and political uncertainty, our clients are frequently encountering asset tracing and recovery challenges which need the local-market insight and multi-disciplinary expertise that our team of leading specialists can provide.'
Head of insolvency and asset recovery Kevin Hellard added: 'I’m delighted to announce that Colin has been promoted to partner. His promotion demonstrates the firm’s continued investment and commitment to growing our Insolvency and asset recovery practice. A practice that brings together a talented group of partners who work closely with our clients and act as specialists across the major onshore and offshore financial centers. We continue to invest in the practice and know that Colin’s expertise will only help to strengthen the firm’s client offering.'