Boris Steffen, a managing director at restructuring advisory firm Province, has been named president of the Association of Insolvency and Restructuring Advisors, effective immediately following the organization's annual meeting and conference held June 4 in Nashville, Tennessee. Steffen, based in Miramar, Florida, holds the Certified Distressed Business Valuation (CDBV) credential and steps into the role previously held by Eric A.W. Danner of CohnReznick LLP in Boston. The transition underscores active leadership cycling within the nonprofit professional body that represents the insolvency and restructuring advisory community.
Danner advances to chairman, assuming the position vacated by Denise Lorenzo of AlixPartners, who remains on the AIRA board. R. Scott Williams, an attorney at RumbergerKirk in Birmingham, Alabama, was named president-elect. Robert Swartz of PricewaterhouseCoopers continues as treasurer, while Kenneth J. Enos of Young Conaway Stargatt & Taylor in Wilmington, Delaware, retains his secretary role. The leadership transitions occur within a broader organizational structure designed to guide the association's strategic direction, board governance, and professional standards development.
Steffen brings two decades of expertise in financial advisory services spanning bankruptcy, restructuring, corporate governance, and dispute resolution. As a managing director at Province since approximately 2020, he has advised holders of interests and claims in merger and acquisition transactions exceeding $240 billion in total value. His technical background encompasses accounting, finance, valuation, solvency analysis, and damages assessment across industries including antitrust, intellectual property, and international trade. He holds multiple certifications including CPA (Virginia license), Accredited Senior Appraiser, Accredited in Business Valuation, and Chartered Global Management Accountant. Steffen has served previously as secretary of AIRA's board from 2022 to 2024 and co-edits the Association's quarterly journal. He also taught at American University Washington College of Law and the University of San Diego School of Law and is a member of Helius Partners.
AIRA is a nonprofit professional association serving the bankruptcy, restructuring, and turnaround practice area with members including accountants, financial advisors, investment bankers, attorneys, trustees, and other insolvency professionals. The organization administers the Certified Insolvency and Restructuring Advisor (CIRA) and Certification in Distressed Business Valuation (CDBV) professional credentials established in 1992. Province, headquartered in Las Vegas, is an internationally recognized restructuring and financial advisory firm with offices across multiple U.S. locations and capabilities spanning corporate advisory, creditor and investor services, litigation services, trust and liquidation, and performance improvement. The firm was founded in 2008 and has grown to over 115 employees through recent strategic acquisitions including O'Keefe in May 2025 and StoneTurn in February 2026.
Steffen's elevation to the AIRA presidency reflects the organization's ongoing emphasis on professional development and industry leadership among senior practitioners managing complex insolvency matters. His appointment occurs as restructuring advisory firms navigate an environment marked by strategic consolidation, as evidenced by Province's recent acquisitions that expanded its dispute, investigation, and litigation capabilities. The selection of Steffen, given his published articles on valuation methodology and ongoing journal editorial responsibilities, suggests AIRA prioritizes continued thought leadership and professional education as core institutional missions during a period when corporations and financial institutions increasingly engage restructuring advisors to manage financial distress and complex reorganizations.
