News briefs

Strategy
Indian firm joins PKF International

Sridhar and Santhanam (S&S) has
been appointed PKF International’s exclusive member firm in India.
S&S has offices in Chennai, Mumbai, Bangalore and New Delhi.
PKF executive director Eric Tait said: “With 35 partners and 350
staff, S&S has a wealth of international experience already
with many international clients. The firm is a natural fit with the
rest of the PKF network and is set to achieve significant growth.”
PKF was left without a member firm in India when RSM & Co (a
firm that is unrelated to RSM International) merged with
PricewaterhouseCoopers India.

 

People
Vantis expands tax team

 
UK consolidator Vantis has recruited Chris Maddock to expand the
expertise within its specialist tax team. Maddock joins the HLB
International member firm from BDO Stoy Hayward, where he was a tax
partner. The role involves supporting the company’s new private
banking services. Vantis tax executive chairman Roy Faichney
commented: “Chris has a wealth of experience and proven success in
the high net worth private client sector.”

Corporate Social Responsibility
Deloitte Canada makes an impact

Deloitte Canada has held its annual
day of volunteer service, with almost 80 percent of its staff
working on 505 projects with 343 community organisations. As part
of the so-called Impact Day, Deloitte professionals work on
projects to support the development of the communities in which
they work and live. Deloitte partner Judith Bellehumeur said:
“Helping others and making an impact is important to all of
us.”

People
A&M appoints restructuring expert

Alvarez & Marsal (A&M) has
recruited James McDermott as a managing director in the firm’s
North America restructuring practice. McDermott is the former
managing director of The Eagle Rock Group, a business advisory firm
he co-founded. A&M said he has significant experience in
financial restructuring, crisis management and capital markets
transactions. A&M head of the New York turnaround and
restructuring practice Joe Bondi commented: “Jim has an outstanding
background, having served in interim management and advisory
capacities in numerous complex turnaround situations, particularly
in the financial services sector.”