CRS Business Rescue
The turnaround industry and its business rescue industry component in South Africa

Turnaround Management Association (TMA)

The Turnaround Management Association (TMA) is headquarted in Chicago, USA.

Established in 1988, TMA has more than 9,000 members in 47 chapters, including 32 in North America, and one each in Australia, Brazil, the Czech Republic, Finland, France, Germany, Ireland, Italy, Japan, the Netherlands, Southern Africa, Spain, Sweden, Taiwan and the UK, with a chapter in formation in Romania.

TMA is a Member Association of INSOL International which has 40 Member Associations world-wide with over 9,000 professionals participating as members.

TMA publishes the Journal of Corporate Renewal on a quarterly basis and hold a number of international conferences each year.

The Turnaround Management Association - Southern Africa (TMA-SA) is an international licensee of the Turnaround Management Association (TMA) headquarted in Chicago, USA.

TMA’s Certified Turnaround Professional (CTP) program recognises professional excellence and provides an objective measure of expertise related to workouts, restructurings and corporate renewal. Applicants for certification must meet stringent standards of education, experience and professional conduct, pass a comprehensive examination and maintain the credential through continuing education credits.

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