Facebook Twitter LinkedIn Email Share

TMA Nation Extends Beyond Borders

From Crisis to Clarity

Over the course of the last several years, a great deal of time and attention have been paid to supporting, nurturing, growing, and developing avenues that have significantly enhanced the global footprint of TMA. With nearly a third of all TMA members now international and the world continuing to grow more connected, the mission to create a better model of support for our international affiliates continues to be a key priority.

In recent years, TMA has experienced international growth that touches nearly every continent in the world. Most notably, expansion in Latin America—from Mexico throughout South America—has been extraordinary, starting with the launch of TMA Mexico in 2019 and thereafter including chapters in Chile and Colombia.

Europe continues to be a stronghold. Since the launch of TMA France in 2020, a chapter now 150 members strong, TMA has developed a presence in 14 European countries, most recently adding Slovakia and soon to have Poland in the mix as well.

In Southeast Asia, Singapore has become a hub of restructuring—and the TMA chapter based there, now including more than 130 members, is the central spot for a chapter that has been renamed TMA Southeast Asia, because it brings in members from several nations in the region that are developing restructuring practices. This TMA chapter serves as a vital connection point in an area full of potential.

As India’s economy continues on its fast-paced growth trajectory and the need for restructuring professionals also increases, TMA India is set to launch just as the issues of business reorganization and distress become a persistent reality in one of the fastest growing economies in the world.

As TMA’s presence across borders and continents continues to be important and impactful, so must we be introspective about how to best support our growth and strengthen regional and global connection points.

To that end, as one of TMA Global President Allen Wilen’s key initiatives, we have launched the TMA International Task Force (ITF).

The ITF, which will be co-chaired by TMA International VP Eva Ringelspacher (TMA Germany) and former TMA Global Chair David Cohen (TMA Toronto), has been charged with reviewing TMA’s international model and structure at a critically important time for our defining organization.

Members of the ITF will comprise leaders from chapters all throughout TMA nation, including Australia, Canada, Brazil, France, Germany, Romania, Southeast Asia, United Kingdom, and the United States.

Through the efforts of the ITF, we will continue to build meaningful support and points of connectivity that refine and define TMA worldwide. And as we embark on this grand effort, we know that the future of TMA Global will shine brightly as the defining organization in the corporate restructuring, renewal, and corporate health space worldwide.

This is how, in 2024, we will again show that #TMALightsTheWay.

Scott Stuart

Scott Y. Stuart, Esq.
TMA Global CEO
sstuart@turnaround.org
@TMA_CEO

 

 

Scott Y. Stuart, Esq.

Scott Y. Stuart, Esq.

TMA Global CEO

Scott Y. Stuart, Esq., is the Chief Executive Officer of Turnaround Management Association, a professional community of 10,000 members that seeks to strengthen the global economy by working save distressed businesses, assist management to navigate off-plan events, and help healthy companies avoid similar pitfalls. He brings nearly 30 years of experience in the restructuring, legal, and distressed investment sectors and has a proven track record of building, growing, and leading successful companies, from corporations to startups.

Topics: 
Leadership
TMA Print Logo