The Insolvency Practitioners Association (IPA) has announced the appointment of Paul Smith as Interim Chief Executive Officer (CEO).

Smith replaces Michelle Thorp.

Smith 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 representing the UK business in the UK Financial Crime and Reputational Risk Committee during his time at Coutts.