Duff & Phelps Expands Restructuring Practice in Middle East and Africa with Richard Clarke as Managing Director

Dubai – Duff & Phelps, the global advisor who protects, restores and maximizes value for clients, has announced that Richard Clarke has joined the firm as a managing director and leader in the firm’s Global Restructuring Advisory practice to help expand its presence in the Middle East and Africa. He will be based in Dubai.

Clarke is a business transformation and restructuring expert with nearly 25 years of experience in adding value to businesses, in M&A, in corporate and debt structuring, and in legal and financial restructuring. His diverse business experience spans sectors such as education, healthcare, construction, transportation, retail, infrastructure, financial services, logistics, technology and real estate. Clarke is one of the few in the Middle East who successfully restructured a GRE. 

“Richard joining the Restructuring practice marks a milestone moment in Duff & Phelps’ growth as we continue to introduce our unique offerings to more clients in the region," Paul Clark, Managing Director and leader of Duff & Phelps’ Global Restructuring Advisory practice. “Richard’s global perspective, collaborative approach and unique set of experiences will enable us to forge new partnerships and find greater opportunities. We are delighted to have him join our team.”

Clarke commented, “Duff & Phelps; it’s an innovative, exciting and ambitious firm that has the vision to match the region. The firm’s client-centric, solution-driven approach and specialist boutique service model is ideal to add value to any business. I’m excited to lead the firm’s expansion efforts.”

“This year many companies and industries are facing unprecedented challenges and as such they all need to evolve and transform. There is always opportunity in adversity, the challenge is to find that next opportunity and I can’t wait to work with my clients to find those opportunities together,” Clarke concluded.

Before joining Duff & Phelps, Clarke worked in Dubai as an independent business consultant assisting clients with business transformation & evolution, operational excellence, and financial and operational restructuring. He has also held several significant roles in his time in Dubai, including Managing Director and head of Portfolio Management at Dubai International Capital, LLC, a sovereign wealth fund owned by Dubai Holding, Partner and Head of Deal Advisory for KPMG Middle East and South Asia (MESA). He has also been a Partner at Deloitte in Dubai.

About Duff & Phelps
Duff & Phelps is the global advisor that protects, restores and maximizes value for clients in the areas of valuation, corporate finance, disputes and investigations, cyber security, claims administration and regulatory issues. We work with clients across diverse sectors on matters of good governance and transparency. With Kroll, the leading global provider of risk solutions, and Prime Clerk, the leader in complex business services and claims administration, our firm has nearly 4,000 professionals in 25 countries around the world. For more information, visit www.duffandphelps.com.

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