Media Release

ALVAREZ & MARSAL APPOINTS GIUSEPPE (BEPPE) DI RISO TO LEAD ITS FINANCIAL SERVICES ADVISORY PRACTICE IN SWITZERLAND

Zürich, 15 November 2023 – Leading global professional services firm Alvarez & Marsal (A&M) has appointed Giuseppe (Beppe) Di Riso as Managing Director and leader of its Financial Services Industry (FSI) advisory practice in Switzerland. Mr. Di Riso will co-lead as well the FSI advisory practice in the DACH Region alongside Managing Director Bernhard Engel. Mr. Di Riso’s joining demonstrates the Firm’s commitment to helping financial service sector clients in Switzerland and the broader DACH region maximize value and drive change.  

Mr Di Riso specializes in performance improvement and business transformation. He has extensive insurance, banking, wealth, and asset management industry expertise. A dual Italian and Swiss citizen, he brings over 20 years of cross-border financial services experience, reflecting both advisory and senior management roles. Mr. Di Riso advises clients on strategy, products & solutions, M&A, post-merger, transformation and the delivery of value-creation plans.

David Edmonds, Managing Director, Co-Head of A&M’s Financial Industry Advisory Services (FIAS) and Global Portfolio Lead Advisory Services, said: “Higher rates, demanding shareholders, increasingly complex and interconnected regulation, changing customer preferences, digital disruption and geopolitical risks are driving rapid change across a landscape in flux. Beppe’s hire enhances our ability to help clients navigate challenges while identifying opportunities to unlock value from deals, disruption, and distress. He shares A&M’s results-driven mindset and aligns with our operational heritage. His straight-forward leadership style will help clients in Switzerland, DACH and beyond, achieve their business and transformation goals”.

Prior to joining A&M, Mr Di Riso held several global leadership positions at Swiss Re and Zurich Insurance Group. Previously, he served at McKinsey & Company helping banks, asset and wealth managers and large global investors with merger and acquisition (M&A), post-merger, client management and revenue acceleration programmes in Europe, the Middle East and North Africa. Mr. Di Riso has also held marketing & sales roles with profit and loss (P&L) ownership at Cadbury Schweppes and L‘Orèal Group across Italy and France.

Bernhard Engel, Manging Director, commented: “Beppe embodies A&M’s core values of integrity, quality, and objectivity. His multi-faceted expertise enhances our teams’ capabilities and growth opportunities in Switzerland. His in-depth industry knowledge and long-standing relationships furthers our ability to meet local, regional, and international market demands.

Giuseppe (Beppe) Di Riso said: “I am a proud dual Swiss and Italian citizen. Switzerland is a global centre of research and innovation and as a mature market it faces a quest for higher margins and efficiency, for example through automation and digitisation. A&M’s integrated global network of senior financial services professionals with hands-on experience and ethos is perfectly placed to help clients turn such challenges into opportunities. The firm’s entrepreneurial culture and dedicated senior leader teams foster partnerships that help clients drive change and achieve results. I feel excited and humbled by joining such a talented, diverse and driven team. I look forward to helping together with this team clients address their most urgent and demanding needs across deals, disruption and distress.”

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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 more than 8,500 people providing services 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’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth. To learn more, visit: AlvarezandMarsal.com

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CONTACT:
Nicolas Weidmann
Dynamics Group,
+41 (0)79 372 2981
nwe@dynamicsgroup.ch