The Insolvency Practitioners Association (IPA) have announced that Paul Smith, their Chief Executive Officer will stand down from his role later this year.
Smith joined the IPA in 2021 after a distinguished career in financial services.
The IPA says Smith has made significant contributions over the past three years. Under his leadership, the IPA responded to the Government’s consultation on The Future of Insolvency Regulation and constructively participated in the following discussions with the Insolvency Service and Recognised Professional Bodies to establish a new regulatory framework.
Smith said “It has been a privilege to lead the IPA through such a transformative period. I’m confident that I will be leaving the IPA in a strong position to influence the future development of insolvency regulation in a positive, constructive, and progressive manner. I’m excited to see how the IPA will continue to innovate and lead the industry.”
The IPA’s President Adrian Hyde said “We are grateful for Paul’s leadership during a period of reform in the industry and wish him well in his next endeavors. We are now committed to finding a successor who will continue Paul’s excellent work and guide the IPA into its next chapter.”
Saxton Bampfylde, Executive Search Agents, have been appointed by the Board of the IPA to seek a replacement Chief Executive Officer prior to Paul’s departure.