Partner, Refinancing, Restructuring & Insolvency Leader, PwC United Kingdom
Ed is a partner in our restructuring practice with over 20 years’ experience carrying out strategic and financial business reviews, undertaking multi-stakeholder restructurings, providing other advisory services and taking insolvency appointments.
He has been involved in a wide range of industries, crisis situations and international business settings. He has worked on assignments with substantial operations in UK, parts of Western, Central and Eastern Europe, North America and Africa.
Between 2001-2003, Ed worked in North America leading various restructuring and turnaround assignments across a number of industry sectors (including steel, consumer goods, media and retail), and being involved in Chapter 11 and CCAA processes. More recently, in 2015-2018, Ed led PwC's Restructuring and Refinancing practice in Central & Eastern Europe and CIS region, and has since been appointed as PwC's Global Leader for Restructuring & Insolvency.
Ed is one of the Administrators of Lehman Brothers and has been heavily involved in the insolvency over the last decade. He has also supported a UK bank in dealing with its significant capital shortfall; assisted a bank in deleveraging its multi-million pound non-performing loan book; set up the Russian bad bank involving the consolidation of four banks; provided valuation and strategic advice to the liquidator of an Eastern European bank; prepared resolution plans for two Caribbean banks with significant NPL portfolios; and assessed related party loans and transactions in an emerging economy. His work in the Financial Services sector has involved advising banks, regulators and governments.
He has also advised the lenders to a global steel group; assisted the management team of a UK listed retailer; provided restructuring advice to the lending syndicate of a large European agribusiness and has led projects relating to the reform of state-owned enterprises.