The Insolvency Practitioners Association (IPA) has appointed Ruth Duncan as its new President. Ruth takes office with immediate effect and serves as the Association’s figurehead and Chair of its board of directors for the next twelve months. Ruth, launched RNF Business Advisory (which has offices in Maidstone and London) in 2013, with more than 30 years’ experience in business rescue and insolvency, Ruth specialises in helping SMEs and
Duncan takes office with immediate effect and serves as the Association’s figurehead and Chair of its board of directors for the next twelve months. Ruth, launched RNF Business Advisory (which has offices in Maidstone and London) in 2013, with more than 30 years’ experience in business rescue and insolvency, Ducan specialises in helping SMEs and sole traders in financial difficulty.
Duncan began her career in the 1980s, after serving with the Insolvency Service, at Griffin & Partners in London. Prior to launching RNF Business Advisory in 2013, Duncan’s career took her to Levy Gee, Ernst & Whinney, Grant Thornton, Smith & Williamson and Baker Tilly, before starting her own firm Maxwell Davies in 2003.
Duncan is Chairman of the Finance Committee at the IPA. Commenting on her appointment, Duncan said: “It is a great honour to be elected as president of the association and I am looking forward to working with my colleagues to engage with the IPA’s members and ensure that the association provides the support they need.” The very nature of our work means we are dealing with clients that need an ultraprofessional service. The role the IPA plays in standardising levels of expertise and in licensing approved practitioners is crucial to ensure companies and individuals that find themselves in difficulties have the assurance that they will be working with IPs that will give them the right advice. “The IPA’s role is so important and one of my main objectives as President is to further promote the excellent work the Association does to set the highest possible standards of practice and become the Regulator of Choice.”
Commenting on the appointment, the IPA’s CEO David Kerr added: “I would like to congratulate Ruth on her appointment as President. Having been a member of the IPA for many years and served on a number of our committees I know Ruth will continue to represent our members’ interests and contribute to the enhancement of the IPA’s reputation as the specialist insolvency regulator.”