Manheim Australia and New Zealand has expanded its footprint in the insolvency and advisory sector with the appointment of two senior executives — Aiden Hsu as National Head of Advisory, and Mark Griffiths as Senior Manager for Western Australia and Queensland.
This strategic move signals Manheim’s intention to grow its role as an end-to-end asset remarketing partner, particularly in the insolvency sector, which is experiencing rising demand due to ongoing economic and regulatory pressures.
Aiden Hsu brings over 20 years of experience in banking, asset advisory, and insolvency. He previously held senior roles at Pickles Auctions and National Australia Bank and is well regarded in restructuring circles for his industry insight and strong relationships. “I’m excited to lead this chapter for Manheim, to bring innovation and integrity to the way insolvency assets are managed and realised,” said Mr Hsu. “By combining our auction platform and specialised insolvency services, we’re setting a benchmark for how distressed assets are managed and sold.”
Mark Griffiths joins with over three decades of experience in valuation and asset realisation, including senior positions at Gordon Brothers and Grays. As a certified valuer and auctioneer, he has led major auction projects across multiple sectors including mining, construction, transport and automotive.
According to Manheim, these appointments are part of a broader strategy to support insolvency practitioners, corporate advisors and financial institutions with timely, transparent, and value-maximising asset disposal services. The company aims to respond to market demands with speed, scale and precision.
The Australian insolvency landscape is under pressure, with personal and corporate insolvencies on the rise. Key drivers include interest rate hikes, inflation, the end of COVID-era support measures, and tightened credit conditions. Manheim’s expanded service offering is positioned to help creditors and stakeholders navigate this environment effectively.
The move also complements Manheim’s capabilities in New Zealand, now under the leadership of Brian Taylor, reinforcing the company’s trans-Tasman strength.
Manheim is part of Cox Automotive and is known for its broad auction and valuation services across cars, trucks, and industrial equipment. With a national network of physical and digital platforms, Manheim is a trusted partner for governments, leasing companies, corporates and financiers across Australia and New Zealand.
