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September 7, 2010

Alvarez & Marsal opens Mexico office

Alvarez & Marsal (A&M) has opened its first office in Mexico as a part of the global firm’s strategy to expand in Latin America. The firm has appointed Arturo D’Acosta Ruiz as the managing director and head of A&M Mexico.

Ruiz is currently the chairman of the Mexican stock exchange’s new listing committee and has 25 years of experience in advisory and business planning.

A&M co-chief executive Tony Alvarez said Mexico is an important country for the firm’s Latin American strategy due to its position as the second largest economy in the region.

“The firm has long recognised the potential of the region and is committed to continuing to build its presence both in Mexico and throughout Latin America,” Alvarez said.

A&M’s other Latin America offices are in Brazil and Colombia.

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