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Turnaround Management Association UK Appoints Paul Davies President

The Turnaround Management Association UK has announced the appointment of BTG Advisory partner Paul Davies as president of the association, Davies begins his new role in January 2021 and serve for 2 years.

Davies said: “In this current business climate the skillsets and support of associations like TMA UK have never been more important to helping create better, stronger UK businesses. With insolvencies on the rise, almost half a million companies in financial distress –according to the Begbies Traynor Red Flag Alert – and pandemics causing financial markets to suffer, professional networks filled with talented restructuring operators are vital. 

“My previous experience on the board of TMA UK means that I am ready to continue the legacy of previous presidents, and with the valuable support of Peter Stevens I will have help to do that.  During Peter’s presidency, his passion and charisma has helped to drive the association forward. Moving into the 20th anniversary of TMA UK, I am looking forward to spearheading continued growth of the association and driving a range of new and insightful events with the help of the board. For the past few years we have had seven new directors and seen member numbers, events and attendances increase. This success can only be a good thing for business as every year our members help businesses become stronger and more resilient. By having a powerful network that shares best practice and skills we can ensure that those businesses we help survive and thrive if difficult times come to their doorstep.”

Davies replaces outgoing president Paul Stevens, who said: “This is my second year as President of the UK chapter and in line with previous Presidents I will be stepping down from the role at the end of the year. I am pleased to announce that the Board has confirmed our support for Paul Davies to take over as President for 2021. 

“Paul successfully chaired the Annual Conference Committee last year and is doing the same this year. I will of course continue to support him as Past President in the same way as Andrew Pepper has provided valuable support and guidance to me. It will be an exciting year for Paul as it will coincide with the 20th anniversary of TMA in the UK and we will be announcing plans as to how we intend to mark this milestone."

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