CRO and Interim Management
Senior-led dedicated executive support to deliver mission-critical workstreams and address key business challenges.
Whether you're seeking to navigate a crisis, in preparation for a refinancing or M&A process, or completing a large or complex turnaround programme, our experienced CRO and Interim Management team can support. you.
We bring experienced and steady hands, providing counsel, coaching and mentoring to the Boardroom.
We are skilled in executing at pace and working with imperfect data to deliver in compressed timelines.
Our team draws on a full suite of supporting expertise including revenue and margin enhancement, consulting, strategy and communications, tax, real estate, pensions, contingency planning, M&A and equity capital markets.
Latest Financial Advisory Insights
Teneo Insights Series UK: What is Ahead for the Consumer in 2023?
The UK narrowly avoided recession in 2022, and the most recent forecasts for 2023 suggest a shallower recession than was anticipated last November. Although inflation is forecast to fall, the UK economy still faces a number of challenges, including rising interest rates, wage pressures driven by inflation and a tight… Read More
2023 UK Economic and Consumer Outlook
The UK narrowly avoided recession in 2022, and the most recent forecasts suggest low/stagnant growth, with the UK ultimately avoiding a technical recession that appeared inevitable in November when the country was still reeling from the impact of the previous Government's "mini budget." While inflation is forecast to fall, we… Read More
UK Independent Hospitals: The Next Challenge
The UK private healthcare market has seen a rebound in 2021 and 2022 post-Covid-19, driven in part by a surge in self-pay patients. A record number of people are opting to pay for their treatment privately to avoid long wait times in the NHS and access the quality and expertise… Read MoreHow We Support You
- Rapid initial diagnostic of situation and root causes of underperformance.
- Commercial finance support to deliver course correction workstreams and cost reduction.
- Hands-on liquidity management support.
- Stabilization and crisis management through intelligent project management.
- Developing business transformation and turnaround plans.
- Managing complex stakeholder groups.
- Preparing for a refinancing or transaction.
- Delivering a financial restructuring to provide a stable platform for the future.
- Implementing a turnaround plan to support recovery and growth.
- Identify permanent executive team solutions via our Talent Advisory business.
Case Studies
Global manufacturer of high-performance alloy components
Hands-on senior commercial finance support to assist in the delivery of multiple strategic initiatives, including development of business and turnaround plans, execution of M&A strategy, debt raising, and supporting the CRO in the delivery of a financial restructuring.
South African listed company
Appointed as Restructuring leader, led on developing a turnaround plan, key stakeholder negotiations, deep-dive commercial analysis and operational interventions of underperforming divisions. Supported various transactions including a divestiture programme for non-core businesses, raising new capital via a rights issue and a partial deleveraging programme.
FTSE listed company
Acted as an extension of the client’s Group Finance team. Identified and delivered over £250m of liquidity and working capital improvement initiatives, a £700m rescue rights issue following three profit warnings in two years and hands-on transformation plan support following plan implementation being severely impacted by Covid-19.
PE-backed Insurance Intermediary
Hands-on support to an underperforming PE backed insurance broker facing acute cash flow issues. Successfully delivered and implemented a turnaround and recapitalisation of the business with the transfer of ownership to a new private equity owner, delivering £50m of run rate savings post-deal.
Independent insurance distribution platform
Supported the business through a complex series of transactions, each with their own independent timetables that had to be aligned under a tight PE deadline, including combining five separate insurance assets into a single group and raising £800m+ of debt.
Private Dubai based bank
Appointed by the Dubai Financial Services Authority to stabilise a bank’s position, assess strategic options and run an accelerated M&A process. We ultimately used the liquidation appointment to wind up the operations of the bank and seek to realise assets to repay client claims.
African bank
Appointed as CRO to an African bank for a 2-year period. Delivered an award winning restructuring and relaunch of a systemically important retail bank in South Africa. Led negotiations with SA Treasury, Reserve Bank and SA banks on ZAR 10bn rescue equity funding, structuring and delivery of a complex restructuring of ZAR 60bn of bond debt and legal separation of “good” and “bad” banks to achieve rescue.
UK Bank
Seconded to lead the recovery of value from the non-core lending assets of the bank to boost bank regulatory capital. Led an internal banking team to restructure and exit property and infrastructure assets totaling £16bn across bi-lateral and syndicated loan structures.
Infrastructure businesses
Numerous Board level roles to drive strategy and commercial negotiations in regulated environments, including to enhance organic revenue and through delivery of M&A activities.
