Resolute AM expands management team

Resolute Asset Management has appointed David McDiarmid as partner, and Mark Layther and Christoforos Stratos to the senior management team.

Resolute AM, a European specialist real estate asset management and non-performing loan servicing firm, said the moves reflected the continuous growth of the company.

McDiarmid, named as Resolute’s sixth partner, has over 25 years of banking and finance experience in global financial institutions, including Credit Suisse and Deutsche Bank. Most recently, he was head of credit of the non-core division of Deutsche Bank. He will be based in the London Office, focusing on Resolute's advisory business.

Having held senior management roles with Hellenic Bank, IBRC (former Anglo Irish Bank) and Colony Capital, Layther joins Resolute to lead the firm’s expanding servicing business in Greece, Cyprus and CEE. He brings over 25 years' experience in special servicing and real estate portfolio recovery experience.

Stratos was until recently a board member of the general council of the Hellenic Financial Stability Fund. He has been appointed to enhance Resolute’s strong presence in the Greek and Balkan markets through his over 30 years’ experience in structured finance, private equity and strategic advisory.

Bill Hancock, co-founder and managing partner of Resolute, commented, 'We are very proud of growth and the strength of our existing team, and believe that adding such high calibre senior members to the group, including our sixth partner, positions us well to continue our growth and excellent service to both existing and new clients in our target markets. All of these appointments have extensive background in real estate, asset management and distressed recovery and restructuring. I am delighted to welcome all three to Resolute.'

Pictured: David McDiarmid

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