FRP Advisory promotes Graham Smith to director in Aberdeen
FRP Advisory has appointed one of the North East’s most experienced insolvency practitioners, Graham Smith, as a new director based in the firm’s Aberdeen office.
Graham Smith has over 20 years’ experience dealing with an extensive and high-profile range of restructuring and insolvency cases including the recent administrations of Arjowiggins, Wooha Brewing, Countesswells Development and N-Sea Offshore and has worked across many sectors including leisure, manufacturing, construction, fishing, shipping and professional services.
Mr Smith is currently interim chairman of the Grampian Area Insolvency Practitioners Group which focuses sharing and explaining the latest Insolvency legislation, legal frameworks, compliance and best practice with professional advisers and business leaders.
In his new role as a director, Mr Smith will now directly accept insolvency appointments with immediate effect. He will oversee the development of strategies that realise maximum value to creditors, lead case teams and liaise with directors and key stakeholders. As a leading business figure in the North-East, Highlands and Islands he will also play a key role marketing and developing FRP’s profile and client base.
Graham Smith said: “I have spent my career helping clients and businesses navigate the complex and fast-changing field of insolvency and securing the best outcomes for people and their businesses. I am delighted to have been promoted to Director and look forward to developing the FRP business further across the North of Scotland. Rising costs and a very uncertain economic outlook is placing an increasing number of businesses under financial pressure. We would encourage anyone concerned about their trading position to make contact as soon as possible as early intervention will maximise the chances of a positive outcome.”
Iain Fraser, lead partner based in Aberdeen, added: “I have worked with Graham for many years and his appointment to Director is a very well-deserved promotion. He has extensive knowledge of the economy in the North-East and the problems that can affect businesses. His experience and technical expertise will be a great asset to the business community”.