(Yicai) Nov. 28 -- Alvarez & Marsal Holdings, a leading global professional services firm, will double down on its investments in China and scale up its performance improvement team, committing to deliver world-class services and solutions to clients in this fast-shifting market.

A&M named Shu Chang, Zhu Lin, and Tang Han as new managing directors and Silver Chen and Daniel Yao as new senior directors in the Chinese mainland, the New York-based company said yesterday. The appointments are intended to enhance the firm’s services in strategy, mergers and acquisitions, and digital transformation, it noted.

A&M also said the appointments extend the consultancy’s integrated platform to help clients capitalize on cross-border trade and investment opportunities in the Asia-Pacific region and beyond and furthers the firm’s expertise in fast-growing sectors, including autos, advanced manufacturing, and healthcare.

“The ongoing shifts in Asia, whether economic, technological, or geopolitical, are creating change and pressure at a level not seen for decades,” said James Dubow, managing director and head of A&M North Asia. “This presents a unique opportunity for us to support our clients in effectively navigating these challenges.” 

The auto sector is where A&M would like to focus globally as it is undergoing a huge transformation, and China is a very important part of this strategy, Dubow told Yicai. There are also many opportunities in advanced manufacturing, where A&M sees a strong inflow of investments, he noted.

Earlier this year, A&M expanded its global transaction advisory group in China and made similar moves in Australia, Indonesia, Malaysia, and Vietnam, it pointed out. 

The increasing number of Chinese companies investing abroad will create new opportunities for A&M, Dubow said. These firms should have a unified team on both sides of the border for cross-border work and utilize independent, third-party expertise to navigate operational and regulatory issues, he added.

Founded in 1983, A&M provides advisory, business performance improvement, and turnaround management services in 37 countries and has more than 8,500 employees, according to its website.

Editor: Martin Kadiev