Azets appoints new Restructuring and Insolvency Director

Accountancy firm, Azets has announced that its has appointed Richard Oddy, as a Director in its restructuring and insolvency team in Yorkshire.

Oddy is a qualified accountant and licensed insolvency practitioner with 20 years’ experience in providing practical and relevant advice to business owners, management teams and their stakeholders.

He offers specialist advisory services to assist organisations encountering a degree of challenge. This covers a range of situations across a company’s lifecycle including addressing trading underperformance, reducing working capital pressure and stakeholder management.

His experience includes a broad range of business reviews, accelerated M&A, options and pre-lend reviews, bespoke restructuring assignments and formal insolvency matters. He has extensive experience of working with and managing stakeholders in the Asset Based Lending sector ranging from options reviews and hands on cash monitoring to managing the risk of funders through to supporting management with working capital challenges, optimising facility usage, facility refinance and pre-lend reviews.

Jonathan Amor, Restructuring and Insolvency Partner at Azets said “I’m delighted to welcome Richard to our growing team. His excellent reputation and expertise demonstrates the firm’s continued investment in key talent in the region and commitment to growing our restructuring and insolvency practice in Yorkshire.”

“His expertise will support our clients over the challenging months ahead as they deal with the well documented difficulties of managing cash flow in an environment of continuing high inflation, supply chain restrictions and staffing shortages amongst other challenges.”