BUSINESS adviser Grant Thornton has promoted Chris Petts to director in its Yorkshire and North East advisory team.

Mr Petts (pictured) works closely with businesses throughout the region, providing assistance on financial and operational restructuring, due diligence assignments, and pre-lending reviews.

He also undertook a secondment to HSBC Bank plc in 2009-10, working in its offices across Yorkshire and the North East, performing financial due diligence on new funding applications and providing commercial advice to customers.

In his new role as director, he will focus on delivering Grant Thornton's advisory services throughout Yorkshire and the North East, working in collaboration with businesses and their stakeholders to help them implement turnaround plans, in addition to performing business reviews and pre lending reviews for banks.