Grant Thornton UK has promoted both Jarred Erceg and Russell Simpson to Partner in its Financial Services Restructuring & Insolvency team. Their promotions reflect the firm’s continued investment in developing its senior leadership team and deepening its financial services sector capabilities across the UK.
Jarred Erceg is a qualified insolvency practitioner with over 15 years’ experience delivering restructuring advisory services in both Australia and the UK. He works closely with corporates, capital providers and other stakeholders to support financial services clients facing complex and distressed situations.
As a Partner, Jarred will focus on the growth of the firm’s Financial Services Restructuring & Insolvency offering. He will continue to lead engagements involving restructuring and turnaround strategies, contingency and wind down planning, and formal insolvency appointments. In his new role, he will also support the development of the national team and drive market engagement with clients and stakeholders. Jarred’s cross-border experience includes secondments to the workout division of a major Australian bank and Grant Thornton’s Restructuring practice in Hong Kong, further strengthening his international perspective.
Jarred said: “It’s been an incredible journey with the firm, beginning as a graduate with Grant Thornton Australia, followed by a stint with Grant Thornton Hong Kong, before joining Grant Thornton UK in 2018. I’m excited about the opportunities ahead and look forward to working with my fellow Partners and team to drive our firm’s success and deliver for our clients.”
Russell Simpson has also been promoted to Partner in the firm’s Financial Services Restructuring & Insolvency team. With 19 years at Grant Thornton, Russell is a licensed insolvency practitioner and a highly experienced restructuring advisor. He has led several high-profile appointments, including acting as Joint Administrator and Joint Special Administrator in complex financial services cases. His experience is further enhanced by secondments in distressed lending and special situations, where he supported complex restructuring mandates and stakeholder engagement.
In his new role, Russell will continue to support clients across the financial services sector, with a particular focus on banks, lenders, digital assets, and wider market stakeholders including regulators, lawyers and government bodies.
Russell commented: “I am very excited to announce my promotion to Partner at Grant Thornton UK. After 19 incredible years with this amazing firm, it’s hard to put into words how proud I am to reach this milestone in my career. I am immensely grateful for the support from my colleagues, family, mentors, and clients who have been with me every step of the way, in particular Chris Laverty, for the opportunities that our specialist Financial Services Restructuring & Insolvency team brings. I am excited for the challenges ahead and look forward to continuing to contribute to our firm’s success and the success of our clients, particularly in light of our recent Cinven transaction.”
Commenting on the promotions, Chris Laverty, Partner and Head of Financial Services Restructuring & Insolvency at Grant Thornton UK, said:
“I’m delighted to see both Jarred and Russell step into Partner roles—an achievement that reflects their outstanding leadership, technical expertise and dedication to client outcomes. Their journeys with the firm are a great example of our commitment to nurturing talent and creating clear pathways for growth. As we continue to expand our Financial Services Restructuring & Insolvency offering across the UK and internationally, their deep experience will be instrumental in helping our clients navigate evolving challenges. These promotions also reflect our broader focus on strengthening our senior leadership bench to meet growing market demand”
Grant Thornton UK was recently ranked as the number one creditor side financial advisor for mid-market restructurings, and number two restructuring mid-market financial advisor and company-side financial advisor, in the Octus EMEA advisor rankings 2024. The team was also awarded Restructuring & Turnaround Firm of the Year at the 2025 ACQ5 Annual Gamechanger Awards.
Press Release
Partner promotions bolster Financial Services Restructuring & Insolvency practice
16 Jun 2025
Grant Thornton UK has promoted both Jarred Erceg and Russell Simpson to Partner in its Financial Services Restructuring & Insolvency team. Their promotions reflect the firm’s continued investment in developing its senior leadership team and deepening its financial services sector capabilities across the UK.
Jarred Erceg is a qualified insolvency practitioner with over 15 years’ experience delivering restructuring advisory services in both Australia and the UK. He works closely with corporates, capital providers and other stakeholders to support financial services clients facing complex and distressed situations.
As a Partner, Jarred will focus on the growth of the firm’s Financial Services Restructuring & Insolvency offering. He will continue to lead engagements involving restructuring and turnaround strategies, contingency and wind down planning, and formal insolvency appointments. In his new role, he will also support the development of the national team and drive market engagement with clients and stakeholders. Jarred’s cross-border experience includes secondments to the workout division of a major Australian bank and Grant Thornton’s Restructuring practice in Hong Kong, further strengthening his international perspective.
Jarred said: “It’s been an incredible journey with the firm, beginning as a graduate with Grant Thornton Australia, followed by a stint with Grant Thornton Hong Kong, before joining Grant Thornton UK in 2018. I’m excited about the opportunities ahead and look forward to working with my fellow Partners and team to drive our firm’s success and deliver for our clients.”
Russell Simpson has also been promoted to Partner in the firm’s Financial Services Restructuring & Insolvency team. With 19 years at Grant Thornton, Russell is a licensed insolvency practitioner and a highly experienced restructuring advisor. He has led several high-profile appointments, including acting as Joint Administrator and Joint Special Administrator in complex financial services cases. His experience is further enhanced by secondments in distressed lending and special situations, where he supported complex restructuring mandates and stakeholder engagement.
In his new role, Russell will continue to support clients across the financial services sector, with a particular focus on banks, lenders, digital assets, and wider market stakeholders including regulators, lawyers and government bodies.
Russell commented: “I am very excited to announce my promotion to Partner at Grant Thornton UK. After 19 incredible years with this amazing firm, it’s hard to put into words how proud I am to reach this milestone in my career. I am immensely grateful for the support from my colleagues, family, mentors, and clients who have been with me every step of the way, in particular Chris Laverty, for the opportunities that our specialist Financial Services Restructuring & Insolvency team brings. I am excited for the challenges ahead and look forward to continuing to contribute to our firm’s success and the success of our clients, particularly in light of our recent Cinven transaction.”
Commenting on the promotions, Chris Laverty, Partner and Head of Financial Services Restructuring & Insolvency at Grant Thornton UK, said:
“I’m delighted to see both Jarred and Russell step into Partner roles—an achievement that reflects their outstanding leadership, technical expertise and dedication to client outcomes. Their journeys with the firm are a great example of our commitment to nurturing talent and creating clear pathways for growth. As we continue to expand our Financial Services Restructuring & Insolvency offering across the UK and internationally, their deep experience will be instrumental in helping our clients navigate evolving challenges. These promotions also reflect our broader focus on strengthening our senior leadership bench to meet growing market demand”
Grant Thornton UK was recently ranked as the number one creditor side financial advisor for mid-market restructurings, and number two restructuring mid-market financial advisor and company-side financial advisor, in the Octus EMEA advisor rankings 2024. The team was also awarded Restructuring & Turnaround Firm of the Year at the 2025 ACQ5 Annual Gamechanger Awards.