FTI Consulting announced the appointment of Peter Dumas as a Managing Director in the Lender Services practice within the firm’s Corporate Finance & Restructuring segment.

Dumas, who is based in Dallas, joins with nearly four decades of experience in asset-based lending across a variety of industries, including healthcare, automotive, distribution, manufacturing and service. In his role at FTI Consulting, Mr. Dumas will focus on asset-based lending engagements, primarily in the syndicated bank loan market.

“In the backdrop of a dynamic economic landscape, lenders and borrowers are looking to maximize value across the transactions lifecycle,” said Kris Coghlan, Leader of the Lender Services practice at FTI Consulting. “Peter has decades of industry experience that will enhance our team’s ability to provide tailored services to each of our clients.”

Prior to joining FTI Consulting, Dumas was a Director in Citibank’s Asset-Based and Transitional Finance department. In this role, he collaborated with asset-based lending bankers and risk managers on important deal points, participated in deal approvals, engaged third-party due diligence and asset appraisal teams, led the collateral monitoring efforts for the asset-based lending portfolio and worked regularly with bank transactors and outside counsel regarding transaction structuring and credit agreement language.

Commenting on his appointment, Dumas said, “FTI Consulting is known as the gold standard in the lender services space. I look forward to joining a team of seasoned professionals who are capable of guiding clients through each aspect of the transactional due diligence lending process.”

The Lender Services practice at FTI Consulting offers capabilities including due diligence reviews, portfolio monitoring, crisis credit analysis, asset-based lending field exams and back-up manager services. Clients are primarily global financial institutions and investment banks, hedge funds, insurance companies and other large institutional investors who provide credit to a variety of companies operating across a broad set of industries, as well strategic and financial buyers who examine the credit needs of their portfolio companies.