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 IP regulation.
• The Board consists of 12 members elected by individual members together with the four Chairs of the principal operational Committees. The Board may also co-opt up to four further members. 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, 2022/23

Samantha Keen

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.

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IPA Vice-President, 2022/23

Paul Davis

Paul is a Partner at Buchler Phillips. 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.

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IPA Deputy Vice-President, 2022/23

Yin Lee

Yin Lee has been elected as IPA Deputy Vice-President, 2022/23.

This section is currently being updated.

IPA Immediate Past President, 2022/23

Kevin Hellard

Kevin is the practice leader of his insolvency practice, Grant Thornton. He has more than 25 years’ experience of contentious insolvency and investigating fraud, misfeasance, professional negligence and asset tracing across multiple jurisdictions. Kevin’s team specialises in the use of insolvency and court-appointed receiverships as a tool in the identification and construction of claims against directors, advisers and others.

Kevin has been appointed both in the UK and globally over structures that have suffered losses caused by corruption, fraud or malpractice, and has given evidence in court on numerous occasions as officeholder of companies that are the victims of fraud. In addition to this, he has presented internationally on corruption and asset tracing, and has a number of articles published on these subjects.

Previous Past Presidents

Board Members

Samantha Keen	President	EY
Paul Davis	Vice-President	Buchler Phillips
Yin Lee	Deputy Vice-President	Quantuma
Kevin Hellard	Immediate Past President	Grant Thornton

Lloyd Hinton	John Newgas/Neil Bennett
Ken Marland	Simon Underwood
Sean Croston	Joe Colley
Adrian Hyde	Derek Hyslop
Hayley Maddison	Carrie James
Louise Brittain
Maurice Moses

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. If you are interested in becoming a Board or Committee member, please contact [email protected]
• 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 protected] 

Below are details on each Committee and what it does.

Standards, Ethics and Regulatory Liaison

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

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

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

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 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 Insolvency Practitioners.

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

Paul Smith
CEO, IPA

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.

Lyn Green
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 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.

David Holland 
Chief Inspector, IPA 

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.   

Sarah Munroe
Chief Operating Officer, IPA 

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.