Forensic accounting specialist KRyS Global is bringing in Mathew Clingerman to take the role of managing director in its Bermuda office.

Mr Clingerman, who is replacing Patrick McPhee, will relocate from the firm’s Cayman Islands office, where he held the position of senior manager and was responsible for leading complex cross-border asset recovery and insolvency cases.

KRyS Global opened its Bermuda office in 2010 which has quickly grown to a staff of five. KRyS Global continues to see opportunities in Bermuda which complement its cross-jurisdictional offerings in the Cayman Islands, British Virgin Islands, Guernsey and Bahamas.

Mr Clingerman brings over a decade of experience in the offshore insolvency and financial services industries. He is relocating to Bermuda from KRyS Global’s office in the Cayman Islands where he held the position of senior manager and was responsible for leading complex cross-border asset recovery and insolvency cases for the firm.

In overseeing high value commercial litigation and fraud investigations, he has become an advocate of cutting-edge technology based solutions. He is a practice leader of KRyS Global’s ‘Ferret’ Services which focuses on digital forensics, digital analytics and e-discovery.

Mr Clingerman said: “I am delighted to join the team in Bermuda and am looking forward to working with my colleagues to bring KRyS Global Bermuda to new heights both professionally and in the community.”

Prior to becoming involved in asset recovery, Mr Clingerman managed financial statement audits for hedge funds, investment advisers, and broker-dealers in Chicago, USA and Dublin, Ireland.

Kenneth Krys, founder and executive chairman of KRyS Global, said Mr Clingerman’s “skills and experience are sure to add great value to the operation of this office and its clients”.

Tim Ward, chief executive officer, said: “Mathew’s inspirational work ethic and people skills will stand him in good stead as he takes on this important role within the firm”.

Mr Clingerman holds a Bachelor of Science in Accounting and is qualified as a chartered financial analyst (CFA). He is also a Certified Fraud Examiner (CFE), has passed the Uniform Certified Public Accountants (CPA) exam in the United States, and is a Fellow of INSOL International. He qualified as an insolvency practitioner under the Cayman Islands’ Insolvency Practitioners Amendment Regulations (2010) and has acted as a court appointed joint official liquidator on firm assignments.