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 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, 2020/22
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.
IPA Vice-President, 2020/22
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.
IPA Deputy Vice-President, 2020/22
Paul is a senior partner at MHA MacIntyre Hudson. 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 Immediate Past President, 2020/22
Carrie James is the lead Director at Benedict Mackenzie and mlm Solutions. With over 20 years’ experience working in both large and small practices, she enjoys working with the variety of stakeholders to find the best solutions for all. Prior to joining Benedict Mackenzie, Carrie founded and established her own boutique Insolvency Practice. Recent successes include the sale of an automotive group to a third party which has resulted in the preservation of 40 jobs over three sites and the mitigation of the leasehold costs and employee claims. This will lead to a substantial return to creditors. Carrie has worked on complex bankruptcy cases dealing with the discovery and recovery of assets in both the UK and Europe, co-ordinating with and working alongside English and European professionals.
Carrie embraces modern working practices and technology in the Insolvency Profession to deliver an agile practice with teams in the UK and India. She is particularly proud of the development of the team and training framework in their Indian office.
A fellow of the IPA since 2014 and committed to being part of an ever-changing profession that it remains fit for purpose. She is keen to embrace regulatory change at pace to ensure the IPA continues to deliver the high level of regulation it has achieved to date.
Outside of her professional life Carrie has a keen interest in live music and frequently attends concerts. She also loves to cook Asian food and cakes. She has a son who shares her love of cooking.
|Kevin Hellard||President||Grant Thornton UK LLP|
|Samantha Keen||Vice President||EY|
|Paul Davis||Deputy Vice President||MHA MacIntyre Hudson|
|Carrie James||Immediate Past President||Benedict Mackenzie Recovery Ltd t/a Benedict Mackenzie|
|Lloyd Hinton||John Newgas/Neil Bennett|
|Ken Marland||Simon Underwood|
|Sean Croston||Joe Colley|
The IPA’s five 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 Committee, Disciplinary and Appeals Committee, Finance and Risk Committee and External Affairs and Member Services (EA&MS) Committee.
- 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
- 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.
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 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 Operations and Chief Regulatory Officer, IPA
Lyn is the Head of Operations and is responsible for the throughput of IPA regulatory activity, including complaints and monitoring inspection visits, and 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.
Head of External Affairs and Business Affairs, IPA
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.
Senior Monitoring Manager, 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.
Finance and Operations Manager, 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.