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3 October 2024News

Interpath expands into Bermuda

Consulting firm Interpath has opened a new office in Bermuda which will focus on restructuring under the leadership of former Deloitte partner Rachelle Frisby. 

Frisby, who was featured in Bermuda:Re+ILS' Women in Hamilton feature in 2017, has also been appointed CEO of the firm’s network of offices across the Caribbean. 

Frisby previously led the Bermuda and BVI financial advisory practices of Deloitte and specialises in providing restructuring and insolvency services to a diverse range of Bermuda-domiciled entities including (re)insurance companies. 

Mark Raddan, CEO of Interpath, said: “As we continue to drive forward our ambitious international expansion plans, Bermuda’s reputation as one of the world’s leading offshore financial centres was a key factor in why we’ve chosen to locate our newest office here. Combined with our existing footprint across BVI, Cayman, Barbados and Eastern Caribbean, we now have real strength in depth across these important markets.”

Mark added: “Rachelle is an exceptional restructuring and advisory practitioner, with considerable experience advising clients and their stakeholders on complex insolvency and advisory engagements, so hiring someone of her calibre and experience to lead and expand our footprint across offshore financial markets is a real coup.”

Frisby added: “Since its inception three years ago, Interpath has been shaking up the status quo in the global restructuring and financial advisory markets, so I couldn’t be more excited by the opportunity to lead and expand our business, not just in Bermuda, but across the wider Caribbean region.

“The scale of ambition across Interpath, with its stated aim of having a presence in all of the world’s major financial markets by 2030, is inspiring, and I can’t wait to play my part in helping drive the business forward.”

Interpath has more than 780 people working across 18 offices across the UK, France, Ireland and the Caribbean.

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