How we work & who we are
- 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 IP regulation.
- The Board consists of 12 members elected by individual members together with the five Chairs of the principal operational Committees. Board members have to be individual ordinary or fellow members of good standing.
- Board members are elected at an Annual General Meeting. Each year one-quarter are retired by rotation, but may be re-elected for one further term. Co-opted members serve for a term determined by the Board up to four years.
- 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 Management Team.
IPA President, 2023/24
Paul is a Partner at Opus Restructuring & Insolvency. He has more than 35 years of experience in both corporate and personal insolvency work, and has carried out many solvent liquidations, including financial and monitoring, pre-lending, general business and solvency reviews, of a wide range of businesses. He promotes turnaround and business rescue, and advises on restructuring and sale of businesses.
His specialisms include: construction, manufacturing, retail, leisure, engineering, professional services, health, asset tracing, travel and tourism, and property. Paul is a Chartered Accountant, Fellow of the Institute of Chartered Accountants in England and Wales and a licensed Insolvency Practitioner.
IPA Vice-President, 2023/24
Yin is a Solicitor and licensed Insolvency Practitioner at Evelyn Partners. 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 Vice-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).
IPA Deputy Vice-President, 2023/24
Adrian is an Insolvency Practitioner and a Solicitor. Prior to joining CVR (acquired by Begbies Traynor Group in 2021), he was a Partner in two well-known law firms, specialising in insolvency, proceeds of crime and fraud work.
Experienced in working on a wide range of insolvency matters, the majority of Adrian’s assignments involve crime or dishonesty and many involve overseas issues at offshore jurisdictions and business centres.
Adrian has been splitting his time between London and Gibraltar while working on the liquidation of an international law firm. This has provided an opportunity to focus on the expansion of Begbies Traynor’s international business.
IPA Immediate Past President, 2023/24
Samantha leads EY Global Legal Entity Rationalization and is the EY UK&I Transaction Advisory Services COO. She has worked in the restructuring arena for more than 25 years. Over the past 10 years, she has focused solely on providing solvent restructuring approaches to meet clients’ needs.
She has led the project management and assisted in the implementation of legal entity rationalization schemes for numerous quoted and private entities located in both the UK and overseas and has particular experience with Japanese, European and US controlled groups. In providing complex and flexible approaches, Samantha helps clients release value through streamlining corporate structures and eliminating non-core or underperforming businesses.
Samantha earned a bachelor’s degree (Honours) in Biological Sciences from the University of Exeter. She is a Chartered Accountant, Fellow of the Institute of Chartered Accountants in England and Wales and a licensed Insolvency Practitioner.
President: Paul Davis (Opus Business Advisory Group)
Vice-President: Yin Lee (Evelyn Partners)
Deputy Vice-President: Adrian Hyde (Begbies Traynor)
Immediate Past President: Samantha Keen (EY)
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. If you are interested in becoming a Board or Committee member, please contact firstname.lastname@example.org.
- 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.
- For further details of the Committees, or to apply to be a member, email email@example.com.
Below are details on each Committee and what it does.
Standards, Ethics and Regulatory Liaison
- 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
Regulation and Conduct Committee
- 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:
Disciplinary and Appeals Committees
- 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:
Finance and Risk
- 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
- 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 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
- 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 Insolvency Practitioners.
Become a Committee member
The IPA is always keen to hear from prospective Committee members. Please get in touch through firstname.lastname@example.org if you are interested in applying. All Committee members are offered training.
IPA Senior Management
Paul has enjoyed a long career in UK financial services, operating to Board level with a broad span of managerial responsibility. Commercially oriented with a strong track record of delivering results, Paul has evidenced an ability to harness the skills of high performing teams, whilst maintaining a clear focus on risk mitigation, customer experience and regulatory compliance.
While Managing Director at HSBC Private Bank (UK), Paul was also appointed Chair of the Private Banking Advisory Panel of the British Bankers association. Paul’s past roles have included committee participation in most financial risk and governance forums, including participation on the UK Financial Crime and Reputational Risk Committee during his time at Coutts.
Head of Regulation
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 IP 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.
Head of External Affairs and Business Affairs
Judith has over 20 years’ experience working in senior strategic marketing and business development roles in the commercial and not-for-profit sectors, with significant experience working with professional membership organisations. Recent roles include a period in Australia working in the health and legal sectors at the Australian College of Nursing and Law Council of Australia, and in UK in the not for profit, fast moving consumer goods, hospitality, and tourism fields, notably with Unilever and Radisson Hotels. Judith is working with the IPA to enhance the external profile of the organisation and develop the member experience with new products and initiatives.
David is the Senior Monitoring Manager at the IPA. He has oversight and management of the inspection team, ensuring adherence to policies and procedures of the IPA and in making sure that the regulatory objectives are met via onsite monitoring visits. David is the IPA’s Money Laundering Reporting Officer (MLRO) and heads up the IPA’s responsibility as an Anti-Money Laundering Supervisor. He is the IPA’s representative at the Accountancy AML Supervisors’ Group and Anti-Money Laundering Supervisors Forum.
David is a qualified Insolvency Practitioner and has worked at the IPA for seven years. Prior to this he worked at Grant Thornton for five years, in Bristol, on corporate insolvency and spent seven years at KPMG dealing primarily with court work appointments. David’s sporting achievements on the local cricket and hockey pitches are largely behind him and he can only occasionally be seen coaching and playing hockey for his home side. He now has an enforced interest in regular dog walking and a mis-selling claim against his two daughters.
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.