No. 13 for Alvarez & Marsal

Turnaround advisory firm Alvarez & Marsal has made its thirteenth new appointment this year with the hire of a new managing director and co-head of the firm’s restructuring practice in Germany.

Dr Nedim Cen joins the firm with over two decades of experience in management consulting, investment banking and serving in management roles.

Most recently he served as CFO for KION Group, a €4.5bn KKR/Goldman Sachs portfolio company. Prior to KION, he was managing director and head of M&A for Germany, Austria and Switzerland at Credit Suisse. He also worked at Deutsche Bank, having commenced his corporate finance career at Goldman Sachs.

In January the firm hired twelve advisers in its newly-formed European Transaction Advisory Group.