Financial Restructuring MENA Conference

Hosted by the Abu Dhabi Global Market the second annual Financial Restructuring MENA Conference drove optimal debt restructuring and business turnaround for successful insolvency workouts in the Middle East and North Africa (MENA) region. Bringing together professionals from banks, financial institutions, law firms, restructuring advisors, and more, the conference was designed to facilitate effective restructuring for corporates undergoing insolvency, while enabling banks to manage their non-performing asset portfolios.

February 19, 10:00—10:40 GST

Mastering business recovery and renewal

Angelo Carella, a principal with Oliver Wyman’s Private Capital and Restructuring practice, hosted a presentation on leading during turbulent times. His presentation focused on identifying the root causes of challenges, evaluating strategic options, and understanding the key ingredients for a successful turnaround, while overcoming inertia.

This presentation covered:

• Leadership in turbulent times
• Identification of the root causes of challenges
• Evaluation of a range of strategic options
• Key ingredients of a successful turnaround
• Overcoming inertia and pivoting organization

February 19, 13:25—13:40 GST

Best practices from global financial restructurings — Blending into the MENA Context

During this panel discussion, Angelo joined other industry experts to explore key management and operational considerations for successful corporate restructurings. They discussed strategies to overcome roadblocks, define a clear roadmap, manage expectations, and emphasize the importance of stakeholder collaboration.

Moderator: Matthew Wilde, Senior Managing Director, Financial Advisory, Teneo, UAE
Panelists: Angelo Carella, principal, Oliver Wyman; Oliver Carter, senior managing director, FTI Consulting Middle East; Alexander Erofeev, chief special operations officer, IFC Austria; and Paul Leggett, partner, Turnaround & Restructuring Leader, Deloitte Middle East