Stephen Parbery is a senior advisor for Kroll’s Restructuring practice based in Australia. He leverages more than four decades of corporate advisory experience advising on business restructuring in Australia New Zealand and Singapore.
Before joining Kroll, Stephen has worked with KPMG, Australia where he held the position of a Senior Advisor for restructuring and insolvency related matters. Last year, in recognition of his contribution to the corporate restructuring profession, David Gonski the Chancellor of the University of NSW launched a scholarship in Stephen’s name. The scholarship is awarded to talented students from rural areas of NSW to undertake undergraduate study at the UNSW Business School.
Stephen was a founder of a national corporate advisory firm PPB Advisory, which commenced in 1983 and grew to a financially integrated firm of over 400 employees, 40 partners with all major in all major Australian cities, with a turnover of over USD 100 million per annum. He played a significant role in establishing the firm and held the position of an executive chairman for eight years until 2016.
He has also served as an advisor to the Commonwealth Government and corporates in in relation to some of the nation’s most high-profile insolvencies, including Ansett Airlines, HIH Insurance Limited, UMP AMIL, ABC Childcare and Queensland Nickel. He was also engaged with the South Australian Government to advise on the restructuring of Whyalla Steel which forms part of Arrium Limited. He has advised advised on several state-owned projects including for the Victorian Governments East West Project Team and the NSW Government’s Reliance Rail Project.
Stephen is a registered liquidator and has worked as an official liquidator for various projects such as Lehman Brothers Australia Limited, FAI Insurances Limited, Queensland Nickel, Onetel Limited and many more.
In 2019, in recognition of Stephen’s contribution to the corporate restructuring profession, David Gonski, the Chancellor of the University of NSW, launched a scholarship in Stephen’s name. This scholarship is awarded to talented students from rural areas of New South Wales to undertake undergraduate study at the UNSW Business School.
Stephen is a fellow of the Institute of Chartered Accountants and the Institute of Company Directors. He is also a life member of the Australian Restructuring Insolvency &Turnaround Association (ARITA).
Restructuring
Financial and operational restructuring and enforcement of security, including investigation, preservation and realization of assets for investors, lenders and companies.