Assistant Vice President | Business Development Bank of Canada (BDC)
Russell is an Assistant Vice President at Business Development Bank of Canada (BDC) and leads the BDC’s Business Restructuring Unit (BRU) for the Ontario and West Regions. In addition to managing workout and turnaround situations within BDC’s existing portfolio, BRU also provides specialized restructuring finance to existing as well as new customers of BDC to help them navigate financial challenges.
Prior to joining BDC in 2013, Russell was a senior practitioner within Ernst &Young’s corporate restructuring and insolvency group. For more than 15 years, he acted for debtors and creditors in numerous Canadian and cross-border restructuring situations. He advised lenders, management and other stakeholders on a variety of matters involving underperforming businesses including restructuring and refinancing strategies, divergent stakeholder interests and negotiation strategies, business viability, business plan development and reasonableness and preservation and enhancement of stakeholder value. Russell has wide ranging experience across several industries including the hospitality, real estate, food and beverage, mining, manufacturing, automotive, transportation and logistics, technology and retail sectors.
Russell holds a Master of Accounting from the University of Waterloo and is a CPA, CA as well as a chartered insolvency and restructuring professional (CIRP) and a licensed trustee in bankruptcy.