- Managing Director
- T: +1 604 601 5699
- M: +1 604 365 8953
- Vancouver – Pacific Centre
- 701 West Georgia Street, Suite 1502
- Vancouver, BC, V7Y 1C6
- T: +1 604 601 5699
- B.S., University of Toronto
- Chartered Accountant
- (ON and BC)
- Chartered Insolvency and Restructuring Professional
- Insolvency Institute of Canada
- Turnaround Management Association
- Canadian Association of Insolvency and Restructuring Professionals
Craig Munro is a Managing Director at FTI Consulting and is based in Vancouver. Mr. Munro has been a restructuring practitioner for more than 20 years and has provided restructuring advice to financial institutions, debtor companies and shareholders in a variety of industries including real estate, mining, technology, manufacturing, forestry and transportation.
Mr. Munro’s major recent engagements include SEFC Properties Ltd., Tirecraft Group, Pine Valley Mining Corporation, Jameson House Properties, Air Canada and Nortel. Mr. Munro also has international insolvency experience having worked in Hong Kong for four years, primarily involved in the wind up of a large investment bank.
In November 2010, SEFC Properties Ltd., the company that designed and constructed the former athlete’s village used during the 2010 Vancouver Winter Olympics, was placed into receivership by an order of the British Columbia Supreme Court. Mr. Munro provided oversight of all aspects of this project including its re-branding and marketing efforts, management of litigation issues, coordination of deficiency remediation work and reporting to the Court and secured lender. In addition, Mr. Munro led the sales processes for the commercial strata units, which were sold using a stalking horse offer, and 119 units contained within three purpose built rental buildings.
Before that, Mr. Munro acted as the Court Appointed Monitor of Pine Valley Mining Corporation (“Pine Valley”) pursuant to proceedings under the Companies’ Creditors Arrangement Act. Pine Valley owns and operates the Willow Creek Coal Mine, which produces pulverized coal injection and coking coal. The proceedings provided a platform for the orderly sale of Pine Valley, the proceeds of which were used to fund an approved proposal to its creditors.
Mr. Munro was responsible for developing and implementing the strategy for the realization process of the US$1.2 billion asset portfolio of Peregrine Fixed Income Limited, a Hong Kong based investment bank that was wound up pursuant to an order of the Hong Kong courts. This process involved the assessment and stratification of the investments held by the company and execution of various strategies to maximize the recovery for the stakeholders.
Industries that Mr. Munro has been involved in during his numerous receiverships, bankruptcies, and consulting engagements include manufacturing, wholesale and retail distribution, computer software development and distribution, automotive dealerships and professional services.
Mr. Munro is a member of the Insolvency Institute of Canada, a licensed Trustee in Bankruptcy, a Chartered Insolvency and Restructuring Professional and a Chartered Accountant. He is currently a member of the Board of the Canadian Association of Insolvency and Restructuring Professionals, the chair of the BC Lions Society for Children with Disabilities and a board member of Easter Seals Canada.