Deloitte has appointed Guy Langford to lead its National Distressed Asset and Debt practice, a position that will be based out of New York, it was announced last week.
Mr. Langford will be responsible for leading the cross-disciplinary practice, which has grown to more than 60 partners, principals and directors since early 2009.
“In the next three to five years we will likely witness a continuation of an important cycle of deleveraging that will involve restructuring, recapitalization and ownership transfers that reaches beyond commercial real estate into consumer and industrial segments with significant impact on banks, private equity firms, hedge funds, insurance carriers and corporations,” said Mr. Langford in a prepared statement.
