Chief executive of Close Brothers, Martin Gudgeon, says: ‘We have an increasingly formidable presence in all areas of our business – from debt advisory services and corporate restructuring to M&A advice across Europe. These promotions allow us to continue strengthening this position.’

In the UK, the company has promoted Gareth Davies, Darren Redmayne and Simon Tilley as directors, while in France Hubert Chevrinais has also been appointed as director.

In Germany, Andreas Reinert and Sascha Pfeiffer have both been promoted to managing director. Norbert Schmitz has been promoted to director in the European debt advisory group.

Gudgeon went on to add that each appointment recognises the professionals ‘to be leaders in their field of expertise, providing significant value-enhancing advice to our clients and assisting the growth of our business’.