Interpath, the new international financial advisory firm, continues to strengthen its suite of restructuring and advisory offerings across offshore markets by launching a Bermuda office.

Leading Bermuda liquidator Rachelle Frisby has been appointed to the new role of CEO of Interpath’s network of offices across the Caribbean, including the British Virgin Islands, the Cayman Islands, the Eastern Caribbean and Barbados. She also joins Interpath’s group executive committee.

Interpath described Ms Frisby as one of Bermuda’s pre-eminent restructuring and insolvency practitioners.

A press statement said: “With over two decades of experience, Rachelle previously led the Bermuda and BVI financial advisory practices of a ‘Big 4’ firm.

“She specialises in providing restructuring and insolvency services to a diverse range of Bermuda-domiciled entities including [insurance and reinsurance] companies, investment businesses, banks, hotels and various operating companies, with many cases involving fraud, embezzlement and cross-border asset recoveries.

“Rachelle has also led advisory engagements for Bermuda and Caribbean-based clients. These include independent business reviews of debtor clients of financial institutions, forensic investigations, acquisition due diligence services, and anti-money laundering/anti-terrorist financing consulting.”

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.”

Interpath has more than 780 people working in 18 offices across Britain, France, Ireland and the Caribbean. The firm plans to grow to 2,000 staff globally by 2030.

Ms Frisby said: “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 firm has a proven track record of working collaboratively and collegiately across geographies, meaning it’s able to deliver complex global mandates seamlessly.

“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.”

Mr Raddan 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.

“I look forward to working with Rachelle, and the rest of our fantastic team in the Caribbean, as we continue to grow and develop our cross-border capabilities, compete for the biggest global mandates and create tangible value for our clients.”