Alvarez & Marsal Tax Expands Across Asia Pacific Hiring James Badenach as Managing Director to Lead New Regional Offering
September 15 2024 - 9:30PM
Business Wire
With decades of world-wide industry experience,
James will spearhead A&M Tax’s full suite of advisory services
across APAC (ex-Australia).
Alvarez & Marsal Tax (A&M Tax), an affiliate of leading
global professional services firm Alvarez & Marsal (A&M),
announced its expansion across the Asia-Pacific region (APAC) with
the appointment of James Badenach as a Managing Director and Head
of A&M Tax, APAC (ex-Australia). With the latest expansion of
talent and capabilities at A&M Tax in Australia, James is set
to build a full-scale tax practice, extending A&M’s global tax
advisory offerings across the APAC region to deliver an alternative
solution free from audit conflicts.
James brings over three decades of international corporate tax
experience, including transfer pricing, controversy resolution, and
Hong Kong profits tax to his role at A&M. He specializes in
international and Asia Pacific tax matters related to double tax
treaties, the tax implications of regulatory and hybrid capital,
cross border financial transactions and operational tax. James
helps clients navigate issues stemming from Base Erosion and Profit
Shifting (BEPS 2.0) as well as the Organization for Economic
Co-operation and Development’s (OECD) two-Pillar initiative to
ensure multinational enterprises pay an equitable share of taxes in
their operating jurisdictions. His international expertise spans
Australia, the UK, and Latin America for global banking and capital
markets, financial institutions, along with asset management,
insurance, private equity firms, and diversified conglomerates.
Ernesto (Ernie) Perez, Global Practice Leader of A&M Tax,
said, “James’ appointment reinforces A&M Tax’s commitment to
global expansion and keen interest in growth markets. We have
already seen explosive growth in Australia and James will build
upon that momentum with scope and scale in both new and existing
jurisdictions across the region. APAC is very broad and culturally
diverse. Thus, a significant portion of capital and investments
flow cross-border between interconnected nations. We can satisfy
market demand offering clients a premium global tax practice
operating seamlessly across borders, unencumbered by audit
conflicts.”
Initially, A&M Tax APAC will offer a range of high-value tax
advisory, compliance and transfer pricing services, in Hong Kong
and Singapore, rapidly followed by offerings in China, India,
Japan, Korea, Indonesia and other markets. A&M Tax’s APAC
expansion plan leverages the firm’s integrated platform, global
network of cross-divisional tax professionals and freedom from
audit conflicts.
James added, “Clients in APAC are demanding a global alternative
to the audit firms with regional, local, and cross border tax
expertise. Clients across the region understand the value as well
as the costs and pain that can be mitigated by bringing in the
right tax expertise at the right time—particularly in a rapidly
changing international tax environment.”
Prior to joining A&M, James served as Asia Pacific
International Corporate Tax Advisory Leader and Financial Services
International Tax Leader for EY. There, he advised on Hong Kong and
international tax matters, including the tax implications of
transactions, optimal cross-border arrangements, access structures,
tax policy developments and the impact of (OECD) driven changes on
the international tax framework. Additionally, he originated the
TaxGrid project, an industry and government program to address
legal and regulatory issues involving global withholding tax
challenges.
James is a member of the Institute of Chartered Accountants in
Australia (ICAA) and was the former chair of the Capital Markets
Tax Committee of Asia.
About Alvarez & Marsal
Companies, investors, and government entities around the world
turn to Alvarez & Marsal (A&M) for leadership, action and
results. Privately held since its founding in 1983, A&M is a
leading global professional services firm that provides advisory,
business performance improvement and turnaround management
services. When conventional approaches are not enough to create
transformation and drive change, clients seek our deep expertise
and ability to deliver practical solutions to their unique
problems.
With over 10,000 people across six continents, we deliver
tangible results for corporates, boards, private equity firms, law
firms and government agencies facing complex challenges. Our senior
leaders, and their teams, leverage A&M’s restructuring heritage
to help companies act decisively, catapult growth and accelerate
results. We are experienced operators, world-class consultants,
former regulators and industry authorities with a shared commitment
to telling clients what is really needed for turning change into a
strategic business asset, managing risk and unlocking value at
every stage of growth.
About Alvarez & Marsal Tax
Alvarez & Marsal Tax part of Alvarez & Marsal (A&M),
a leading global professional services firm, is an independent tax
group made up of experienced tax professionals dedicated to
providing customized tax advice to clients and investors across a
broad range of industries. Its professionals extend A&M's
commitment to offering clients a choice of advisers who are free
from audit-based conflicts of interest and bring an unyielding
commitment to delivering responsive client service. A&M Tax has
offices in major metropolitan markets throughout the Americas,
EMEA, and APAC.
To learn more, visit: AlvarezandMarsal.com.
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Sandra Sokoloff, Senior Director of Global Public
Relations Alvarez & Marsal, +1 212-763-9853