The Certified Turnaround Professional (CTP) designation was introduced in the US in 1993 to create an objective measure of the experience, knowledge, and integrity that is necessary to conduct corporate renewal work. In 2010, TMA Australia launched the first phase of its two-part CTP accreditation for the Australian market - the Certified Turnaround Analyst (CTA)The second phase for Certified Turnaround Profeesionals (CTP) will shortly be available to those who wish to apply.

Honorary Certified Turnaround Professionals -  In November 2013, TMA Australia was proud to award honorary CTP status to - Gwyn Morgan (Westpac), Rick Drury (NAB), Adrian Loader (Allegro Funds), Lachlan Edwards (Faraday Associates) and John Nestel (Faraday Associates).  Those who hold the CTP accreditation have demonstrated their knowledge, integrity and experience in the corporate turnaround and restructuring profession.

Honorary Certified Turnaround Practitioners

  1. Have held multiple leadership roles assisting financially distressed companies through turnarounds, restructuring and/or bankruptcies
  2. Has technical mastery of the legal, financial and management aspects of a turnaround/restructure
  3. Abides by the Code of Ethics that specifies the high standards of professionalism, integrity and competence
Rick Drury(NAB)
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Lachlan Edwards(Lazard Australia)
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Adrian Loader (Allegro Funds)
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Gwyn Morgan (Westpac)
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John Nestel (Herbert Smith Freehills)
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Certified Turnaround Analyst (CTA)

CTA accreditation is achieved through successfully completing three individual courses equivalent to postgraduate level university subjects, that have been developed in collaboration with the University of Technology Sydney (UTS).  CTA designation evidences an individual’s commitment to turnaround & corporate renewal, and attests to a level of expertise. Graduates can apply to become a CTP by demonstrating agreed levels of turnaround experience.

Certified Turnaround Professional (CTP)

CTP accreditation is the highest accreditation a turnaround professional can achieve. Qualified CTA’s wishing to become a CTP must demonstrate an agreed level turnaround experience, provide references and comply with the prescribed Code of Ethics. CTP must continue to comply with the prescrived Code of Ethics, and meet continuing professional education requirements.