Restructuring creates opportunities for organizations to realign with their strategic goals and market developments.

Mike Penrose

EY-Parthenon Partner, EY Region of The Bahamas, Bermuda, British Virgin Islands and Cayman Islands

Joint Insolvency Examination Board (JIEB) qualified restructuring professional with over 20 years of experience in the UK and Bermuda. Committed to supporting and developing the talented EY team in Bermuda.

Mike has worked on some of the largest and most complex insolvency processes in the jurisdiction, including large cross-border cases and frauds, as well as significant local matters. He has pursued insolvency, fraud and professional negligence matters through multiple jurisdictions, including to the US bankruptcy court and the UK High Court and Court of Appeal, producing significant financial results for creditors.

Mike has led insolvency appointments, advisory matters and financial restructurings in Bermuda across a broad range of sectors including insurance, oil and gas, technology, investment funds and hospitality.

Mike is a member of the Insolvency Practitioners Association in the UK, is JIEB qualified, and is part of the R3 trade association of insolvency and restructuring professionals. He is also a member of INSOL International, an association of restructuring, insolvency, and bankruptcy practitioners, and serves on the Executive Committee of the Recovery and Insolvency Specialists Association (RISA) for the Bermuda chapter.

How Mike is building a better working world

Mike is a passionate environmental champion, leading EY teams in support of Keep Bermuda Beautiful. Actively involved, he’s not just a sponsor but also a hands-on advocate, regularly joining beach cleanups alongside his family. Mike’s commitment to a cleaner environment is an integral part of how he supports the EY purpose of building a better working world.

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