PwC Spain's former Advisory leader Joaquín Coronado joins FTI

FTI Consulting has strengthened its team with PwC Spain’s former Advisory leader Joaquín Coronado.

Appointed a Senior Managing Director in Spain, Joaquín Coronado brings over three decades of experience to the global consulting firm. Over the past years, he has been involved in several entrepreneurial projects, including the creation and development of the Mexican company Altán Redes, where he worked as Chief Executive Officer until 2019, as well as at Taiyo Capital, a fund which invests in utility solar plants in Japan.

Coronado was also CEO and co-founder of Podo, a digital retailer for electricity, gas and home services in Spain. Before that, he was a partner at PwC between 2008 and 2015, advising clients on mergers and acquisitions as well as on operational and financial restructurings. At the Big Four firm, Coronado was Head of the Advisory division in Spain for six years, overseeing consultancy and deals services.

Earlier in his career, Coronado worked in the energy, utilities, telecommunications and technology sectors, for among others Abengoa, EDP and ONO, where he held several executive positions and acted as a board member.

At FTI Consulting, Coronado is part of the Corporate Finance & Restructuring team, focused on turnaround and advisory projects in Spain and Iberia. He will work closely together with fellow Madrid-based Sergio Vélez, who leads FTI Consulting in Spain.

“The addition of Joaquín further strengthens our team and our ability to help Spanish clients respond to the current economic situation across the region,” said Kevin Hewitt, Chairman of the EMEA region at FTI Consulting. “Companies will be faced with restructurings, transformations and deals as options to pursue as a recovery from the pandemic, and Joaquín brings the expertise that will help guide clients through those situations.” 

Commenting on his new challenge, Coronado said: “It is a privilege for me to be able to join FTI Consulting, and to contribute to the company’s clientele with my advisory and management experience in times of crisis.” 

Earlier this year in Spain, management consulting firm Oliver Wyman promoted Beatriz Lacave to partner.