International consulting firm Quantuma has boosted its senior leadership team in the Caribbean with a new managing director hire. Industry veteran Stephen Briscoe brings more than three decades of off-shore experience to the role.
Carl Jackson,Quantuma chair, said, “I am delighted to welcome Stephen to the firm. The breadth and depth of his experience in complex cross-border matters is extensive, and I am looking forward to working alongside Stephen as he develops our offshore reach.”
Briscoe is a seasoned restructuring experience, with extensive cross-border consulting knowledge, making him a key fit for Quantuma as it bolsters its presence in the Caribbean. Over the course of his career, he has held leadership roles in major US advisory firms, as well as in boutique advisory firms in Hong Kong, where he spent almost 20 years, and latterly in the Cayman Islands.
In this time, Briscoe has undertaken a vast number of assignments – including acting as liquidator of several hundred insolvent Hong Kong companies in a variety of industry sectors, including construction, property, manufacturing, import and export and various service industries. Other recent assignments include acting as the court appointed receiver of a private equity entity with operations in Asia, Europe and the US and acting as independent director of an oil derivatives trading company; managing a dispute between the shareholders and the litigation arising as a result of the dispute.
Arriving with Quantuma as a managing director, Briscoe will now form part its international leadership team. He will split his time between the firm’s Cayman and British Virgin Island offices, where he is well-recognised among the professional services communities.
Briscoe added, “I am delighted to be returning to the Caribbean to continue to develop the firm’s Caribbean presence and develop its range of capabilities, in addition to contributing to the firm’s global growth ambitions. I am pleased to be working alongside a talented and senior team of restructuring, investigations, asset-tracing and recovery professionals in both Cayman and BVI and am looking forward to working with colleagues notably in the Far East as we continue to develop our Caribbean offering.”
The appointment comes as Quantuma continues to build out its Caribbean and off-shore presences – including an office in the British Cayman Islands – to meet a rise in demand for restructuring services there. Attracted to the region by low rates of taxation, many large companies and financial operators in turn end up seeking the help of professional services firms, offering their advisory and accounting knowhow to offshore entities.