How we work & who we are

The Board

• The Board is responsible for the management of the IPA, including determining policy and strategy, and setting business and financial plans and programmes. It also approves the IPA’s Annual Report and Accounts, subscriptions and authorisation fees and it appoints Committees through which the detailed work of developing and putting forward proposals and implementing its decisions is undertaken. The Board usually meets four to six times a year. The Board is independent of decision-making relating to individual Insolvency Practitioner (IP) regulation.
• Twelve Board members are elected for a minimum term of five years by IPA members. Each year the longest serving one quarter, not counting the office holders (comprising the President, Vice-President, Deputy Vice-President and Immediate Past President), are retired by rotation, but may be re-elected for a further term. Up to four additional members can be co-opted and serve for a term of up to four years determined by the Board. On retirement, co-opted members are eligible for further co-option.
• The President, Vice-President and Deputy Vice-President are chosen by the Board from its elected Board members. The President usually serves for one year.
• The Board works in partnership with the Secretariat to manage the day to day running of the IPA. The Secretariat is led by the Chief Executive Officer and the Senior Leadership Team.

IPA President 2026/27

Louise Brittain

Head of Restructuring & Insolvency, Azets

Louise Britain has been a licensed Insolvency Practitioner since 2001 specialising in contentious and litigious insolvency including international asset tracing, provisional liquidation, liquidations, administrations, court appointed receiverships, interim receiverships and high profile bankruptcy. She is the lead partner for all Proceeds of Crime Act (POCA) work.

Louise has been a partner at Azets since 2013. She is now joint Head of Restructuring and Insolvency nationally. In 2023 Louise was awarded Insolvency Practitioner of the Year (Large Firm) and in 2024 was awarded the Sebbin Award for her outstanding contribution to the insolvency profession. She was admitted to Who’s Who in 2012 and has three times been listed in the top 100 power players by Accountancy Age.

IPA Vice-President 2026/27

Amanda Wade

Director, Grant Thornton

IPA Deputy Vice-President 2026/27

Russell Payne

Partner, Opus Business Advisory Group

IPA Immediate Past President 2026/27

Yin Lee

Director, YLA

Yin is a Solicitor, licensed Insolvency Practitioner and Director at YLA. She has over 20 years’ experience focussing on business restructuring and insolvency. She enjoys the variety of the work insolvency brings together with the challenges of finding workable solutions for underperforming businesses.

Through Yin’s position as Immediate Past President, she hopes to continue mentoring the next generation and opening the doors to increasingly diverse talent.

Yin has a keen interest in football and sits on the Serious Disciplinary Panel and the Appeals Panel at the Football Association (FA).

Previous Past Presidents

Board Members

President: Louise Brittain (Azets)

Vice-President: Amanda Wade (Grant Thornton)

Deputy Vice-President: Russell Payne (Opus Restructuring & Insolvency)

Immediate Past President: Yin Lee (YLA)

Committees

The IPA’s six committees are one of the key ways in which the IPA manages regulatory and policy activity. Committee members are comprised of our members, subject matter and legal experts, and lay member volunteers. Regulatory committees are independent.

• Committee chairmen and members are appointed annually: they are not subject to any fixed term of appointment, but usually serve for a period of three-six years. Student members are eligible to be appointed to a Committee other than the regulatory Committees.
• The current Committees are: Standards, Ethics and Regulatory Liaison (SERL), Regulation and Conduct, Disciplinary and Appeals, Anti-Money Laundering, Finance and Risk, and External Affairs and Member Services (EA&MS).
• Committees meet from time to time during the year – the regulatory committees meet around 10 times a year; other committees typically meet on a quarterly basis, or as and when required.

Below are details on each Committee and what it does.

Standards, Ethics and Regulatory Liaison Committee

Responsible for:

• Considering responses to consultations on insolvency statute and best practice
• Discussing technical issues and drafting guidance for the membership
• Determining the IPA’s contribution to the Joint Insolvency Committee (JIC)

Regulation and Conduct Committee

Responsible for:

• Considering any matter Secretariat identifies as requiring Committee attention relating to the fitness of licensed IPs or liability to disciplinary action
• Considering applications for membership and authorisation
• Licence restriction/withdrawal proceedings and invite disciplinary sanctions by consent, including reprimands and fines

Importantly, this Committee has a lay majority for decision-making and acts independently.

Regulatory and Conduct rules can be found as follows:

Conduct Rules

Regulatory Rules

Disciplinary and Appeals Committees

Responsible for:

• Carrying out functions of Disciplinary and Appellate Committees Appeal Tribunals, hear appeals against findings or orders of a Disciplinary Tribunal and decisions to restrict/withdraw licenses; and may affirm, vary or rescind them
• Disciplinary Tribunals considers complaints referred to it by the Investigation Committee it has the power to exclude members, revoke licenses as well as issuing sanctions

Disciplinary and Appeal rules can be found as follows:

Appeal Rules

Disciplinary Rules

Finance and Risk Committee

Responsible for:

• Preparing annual budgets and making recommendations to Council on subscriptions and fees
• Monitoring in-year spending and submitting for approval to Council the IPA’s Annual Accounts
• Monitoring financial risk relating to IPA activity

External Affairs and Member Services Committee

Responsible for:

• Contents for events, social events training for members and articles for the newsletter 
• Regulations relating to students 
• Training for students and other members
• Arrangement of CPI suite of exams and liaison with Joint Insolvency Examination (JIE)
• Parliamentary representation 

Dedicated working subgroups can be created from the committee as and when required to consider specific matters such as Annual Conference/Personal Insolvency Conference. 

Anti-Money Laundering Committee

Responsible for:

• Assisting the IPA in achieving compliance with Anti-Money Laundering (AML) legislation and in providing AML guidance to IPA members
• Reviewing and advising the IPA on its strategy for AML supervision to ensure that the strategy is effective and meets the ongoing requirements of OPBAS while allowing the IPA to fulfil its role as a regulator of IPs.

Become a Committee member

The IPA is always keen to hear from prospective Committee members. Please get in touch through [email protected] if you are interested in applying. All Committee members are offered training.

IPA Senior Management

Marcial Boo
CEO

Marcial has been Chief Executive of the IPA since 2024. He was previously the CEO of three other regulators and worked as a senior civil servant in government. He also chairs the professional body for regulators, the Institute of Regulation.

Lyn Green
Director of Regulation and Policy

Lyn has over 35 years’ experience in the field of insolvency, having started her career as an Examiner in the Official Receiver’s office just after the introduction of the 1986 legislation. Having moved into private practice and subsequently qualifying as an Insolvency Practitioner, she became an appointment-taking Insolvency Practitioner over 20 years ago. A move into Regulation beckoned in 2011 with a transition to an Inspector role at ACCA, and then moving to the IPA when ACCA relinquished its status as a Recognised Professional Body (RPB). She became Head of Regulation in 2020 and is responsible for the throughput of IPA regulatory activity, including complaints and monitoring inspection visits, to the applicable IPA regulatory Committee for decision making. Lyn is also the IPA’s Anti-Money Laundering Single Point of Contact (SPOC) and line manager for the senior regulation and monitoring staff, in addition to day to day secretarial responsibility for the regulatory Committees and IPA Board functions.

Lyn enjoys travelling and has 4 dogs who keep her busy.

Sarah Munroe
Chief Operating Officer 

Sarah oversees all finance related matters as well as being the point of contact for any IT, HR and general office issues. With over 10 years experience as a qualified accountant, Sarah has been with the IPA for over almost two years and has experience working in television, online media and magazines.

Sarah has three young children and enjoys spending time with her children as well as socialising with friends.