Olvera partnership jumps to seven with team hire and promotion

04 July 2023 Consultancy.com.au 2 min. read
More news on

Aiming to capitalise on a tough business environment, specialist restructuring and turnaround consultancy Olvera has boosted its senior leadership from two founders to a team of seven partners.

Boutique Sydney-based restructuring and insolvency outfit Olvera Advisers has significantly boosted its senior leadership with the addition of four new principals: Neil Cussen, Mike Billingsley, Robyn Karam and Tony Wright.

All four cross from Cor Cordis and bring more than eight decades of combined industry experience to Olvera, and complement the recent principal promotion of Mirzan Mansoor, taking the firm’s partnership to seven.

Olvera partnership jumps to seven with team hire and promotion

“Olvera’s expansion makes us one of the leading specialist restructuring and insolvency specialists in Australia and we are delighted to welcome such an experienced group of partners to our practice,” said Kate Barnet, who established the consultancy together with Damien Hodgkinson in 2020. “We look forward to the value they will be able to provide clients as we help them to navigate this dynamic business environment.”

With specialist offerings in restructuring, informal and formal insolvencies, CFO advisory, risk management and forensics, Olvera stated that the fresh leadership inclusions reflected an expected jump in demand for its services amid an increasingly challenging economic landscape, while also forming part of its 2024 growth strategy which will see the consulting firm further expand its operations through the launch of a Singapore office early next year.

“Kate and I started Olvera on the basis that our clients would need specialised advice and expertise to work through many of the challenges impacting global economies following the pandemic, and we are starting to see an uptick in demand,” said Hodgkinson. “There are certain areas of the economy which are coming under pressure and Olvera has bolstered its expertise to prepare for a rise in restructuring and insolvency work over the coming months.”

All four of the new principals exit the partnership of Cor Cordis in Sydney, with Cussen, Billingsley and Wright having joined the firm from Deloitte in early-to-mid 2021. Both partners at Deloitte, Cussen and Billingsley also briefly spent time together at Horwath, while Wright kicked off his career at RSM before later rising to principal at the Big Four firm. Karam meanwhile crossed from Aon a year prior, bringing an earlier decade-long background at BRI Ferrier.