Turrado: KPMG Appoints New Head of Funding Advisory in Spain
People | Jan 23, 2025 | Finance Community ES 2 - Corporate M&A
KPMG in Spain has appointed Ovidio Turrado as the new head of its Funding Advisory division, a strategic move marking the relaunch and expansion of its Funding Advisory services on a global scale. With over 20 years of experience advising companies, financial entities, and debt funds in financing and refinancing processes, Turrado has a notable track record of working with prominent companies including OHLA, Boluda, Tubos Reunidos, Prisa, FCC, Mediapro, and Volotea. Having been part of KPMG since 2007, Turrado is supported by Luis García Laynez, the head of Restructuring. The Funding Advisory team, comprised of 70 professionals, includes leaders in Distress M&A and Insolvency. Notably, the Deal Advisory division, encompassing corporate finance, transaction services, and strategy, has seen significant growth, exceeding 104 million euros in revenue despite market uncertainties. This development is part of KPMG's strategic plan for its Deal Advisory sector, led by Noelle Cajigas, with a recent recruitment of 140 professionals, expanding the team to over 550 experts in M&A and related fields.
Sectors
- Financial Advisory
- Management Consulting
- Accounting and Auditing
Geography
- Spain – The appointment of Ovidio Turrado and the activities described are specific to KPMG's operations in Spain.
- Global – KPMG's relaunch of the Funding Advisory services is part of a broader global strategy.
Industry
- Financial Advisory – The article focuses on KPMG's financial advisory activities, specifically in the areas of funding advisory, debt advisory, restructurings, and M&A.
- Management Consulting – KPMG is a prominent player in the management consulting sector, providing strategic advisory services through its Deal Advisory unit.
- Accounting and Auditing – As a major segment of KPMG’s operations, accounting and auditing services are integral to the firm's overall business strategy.
Financials
- 104 million euros – Revenue generated by KPMG's Funding Advisory division in the last three years, demonstrating significant growth.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| KPMG | Employer/Company | Company | A leading global network of professional services firms providing audit, tax, and advisory services. |
| Ovidio Turrado | Head of Funding Advisory | Person | Newly appointed head of Funding Advisory at KPMG Spain, with extensive experience in financial advisory. |
| Luis García Laynez | Head of Restructuring | Person | Supports the leadership of the Funding Advisory team at KPMG. |
| Noelle Cajigas | Leader of Deal Advisory | Person | Leads the Deal Advisory department at KPMG Spain and EMA. |