Duff & Phelps Strengthens Australia Restructuring Practice with the Appointment of Stephen Parbery as Senior Advisor

Sydney – Duff & Phelps, the world’s premier provider of governance, risk and transparency solutions, today announced the appointment of Steve Parbery, a corporate turnaround veteran, as a senior advisor for the restructuring business in Australia. In his role, he will be responsible for lending strategic guidance and growing the restructuring practice.

As a founder of national corporate advisory firm PPB Advisory and one of the nation’s most experienced restructuring professionals, Stephen has been a key advisor to Commonwealth Government and corporates in relation to some of the nation’s most high profile insolvencies, including Ansett Airlines, HIH Insurance Limited, UMP AMIL, ABC Childcare, Queensland Nickel, Lehman Brothers Australia, amongst other assignments. Throughout his almost four-decade-long career, he has also been heavily involved in improving the standards of professional conduct involving restructuring and is an advocate for law reform to improve the recycling of distressed capital.

Marcus Ayers, Managing Director and Head of Restructuring Advisory practice, Australia at Duff & Phelps, commented, “We are thrilled to welcome Stephen to Duff & Phelps. His extensive experience as a highly accomplished restructuring specialist will solidify our position and help us meet our customer needs better as a truly independent, globally connected restructuring and advisory service. Together with our Kroll team, a world leader providing risk solutions, we will have a differentiated offering to help businesses towards profit maximisation and transformation.” 

In addition to restructuring advisory, Duff & Phelps’ existing Australia services include Transfer Pricing, led by Managing Director David Lewis; Business Intelligence and Investigations, led by Managing Director Cem Ozturk; and Cyber Risk, driven by the firm’s 2019 acquisition of Enex Carbon, a Melbourne-based leader in cyber security management, governance and risk services.

About Duff & Phelps
Duff & Phelps is the world’s premier provider of governance, risk and transparency solutions. We work with clients across diverse sectors in the areas of valuation, corporate finance, disputes and investigations, cyber security, claims administration and regulatory compliance. 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.

M&A advisory, capital raising and secondary market advisory services in the United States are provided by Duff & Phelps Securities, LLC. Member FINRA/SIPC. Pagemill Partners is a Division of Duff & Phelps Securities, LLC. M&A advisory, capital raising and secondary market advisory services in the United Kingdom are provided by Duff & Phelps Securities Ltd. (DPSL), which is authorized and regulated by the Financial Conduct Authority. M&A advisory and capital raising services in Germany are provided by Duff & Phelps GmbH, which is a Tied Agent of DPSL. Valuation Advisory Services in India are provided by Duff & Phelps India Private Limited under a category 1 merchant banker license issued by the Securities and Exchange Board of India.

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