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29 CIRA Certifications Awarded by AIRA in 2025

The Association of Insolvency and Restructuring Advisors (AIRA) has celebrated the accomplishments of 29 finance professionals by awarding them the prestigious Certified Insolvency and Restructuring Advisor (CIRA) certification. This year's recognition is a part of AIRA’s enduring commitment to uphold high professional standards in the financial advisory landscape, specifically within the realms of business turnaround, restructuring, and bankruptcy.

Background on CIRA Certification

Established in 1992, the CIRA program endeavors to spotlight individuals who showcase exceptional proficiency across a broad spectrum of crucial business functions. The certification notably addresses the critical need for specialized knowledge in financial advisory services, particularly in scenarios involving distressed and insolvent entities. Professionals who achieve this distinction are recognized for their comprehensive understanding of accounting, operations, strategic planning, taxation, and finance issues—each a key element in navigating the complexities of business insolvency.

The Awardees

In 2025, AIRA awarded the CIRA certification to an impressive group of financial advisors, each demonstrating substantial expertise and substantial commitment to the field. Among the honored recipients were:

• - Irene Byela, from GlassRatner based in Atlanta, GA.
• - John Angelo, of Angelo Advisors, LLC, located in Delta, CO.
• - Kortney Bauer, working with AlixPartners, LLP in San Francisco, CA.
• - Cole Broskay, affiliated with Alvarez & Marsal in Bulverde, TX.
• - Sofia Castells Rendon from AlixPartners, LLP in Dallas, TX.
• - Kyle Chapman, representing KTC Accounting in New Paltz, NY.
• - Paul Coloma, who is also associated with Alvarez & Marsal in Atlanta, GA.
• - Jonathan DeMoss, a member of JACO Advisory Group in Cincinnati, OH.
• - David Elkin, part of Paladin in Houston, TX.
• - Wai Fung (Jason) Chan, from George Town, Cayman Islands.
• - Octavio Gutierrez Munoz, with FTI Consulting, Inc. in Mexico City, Mexico.
• - The list extends to other notable professionals including Aidan Harris, Patrick Holert, and Jason Soto, just to name a few.

The diverse locations of the awardees reflect AIRA’s expansive reach and its commitment to fostering a professional community that is geographically widespread and culturally rich. By acknowledging professionals across various states and international jurisdictions, AIRA reinforces its mission to unite the community of individuals providing critical solvency and restructuring services.

AIRA's Mission

AIRA, as a nonprofit professional organization, dedicates itself to supporting those who specialize in financial advisory roles concerning business turnaround and restructuring. Their primary objective hinges on two main pillars: firstly, to unify and support professionals engaged in related practices, and secondly, to enhance professional standards through development, promotion, and maintenance. This includes administering the CIRA certification and the Certification in Distressed Business Valuation (CDBV) programs.

With a commitment to uphold stringent standards in the industry, AIRA cultivates an environment of professionalism and expertise among its members. The association frequently hosts conferences and seminars aimed at future advancements in the industry, ensuring that professionals stay ahead in an ever-evolving financial landscape.

For more information about AIRA and its various programs, including upcoming events, you can visit their official website at www.aira.org.

Conclusion

The recognition of the CIRA certification recipients not only highlights individual achievement but also underscores the growing importance of specialized knowledge in the challenging arena of business insolvency and restructuring. As the industry continues to evolve, AIRA remains poised to advocate for excellence and integrity in the field, supporting professionals as they navigate complex financial landscapes.