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Insolvency hire

Bain joins Johnston Carmichael team

Graeme BainBusiness advisory firm Johnston Carmichael has strengthened its restructuring team with the appointment of a director in its Glasgow office.

Graeme Bain, an insolvency practitioner, will also support the wider development of the practice.

Prior to joining Johnston Carmichael, he spent 16 years at PwC where he became a senior manager in the firm’s business recovery services team and specialised in contentious creditor led cases.

Mr Bain’s appointment represents further investment by Johnston Carmichael in its restructuring team following the appointment of Richard Bathgate as director in its Aberdeen office.  

Mr Bain will support Donald McNaught in Glasgow.  The firm also continues to benefit from the services of Bryan Jackson as a consultant.

Donald McNaught, partner at Johnston Carmichael, and chairman of the insolvency committee at the Institute of Chartered Accountants Of Scotland (ICAS), said: “With fewer than 100 licensed insolvency practitioners in Scotland, many of whom are approaching retirement and with both large and small firms exiting from the market, it is crucial that we take action to future-proof the business.

“With our recruitment of both Richard and Graeme we are investing in our next generation.”

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