Insolvency Service Chief Executive to step down

The Chief Executive of the Insolvency Service, Dean Beale, has announced his plan to leave the agency.

Beale has worked in the insolvency sector for more than 30 years in a variety of roles and has been Chief Executive of the Insolvency Service since 2019.

He will leave the agency in May to take up a position as Executive Director of the Centre for Public Interest Audit, a standalone body set up by the audit and accounting sector to support audit standards for the biggest UK companies.

Before becoming Chief Executive of the Insolvency Service, Beale was Director of Strategy and Change at the agency, overseeing policy development, regulation of the insolvency sector and the department’s transformation programme.

In addition to his public sector experience, Beale also spent time in the private sector as a forensic accountant investigating fraud and managing commercial disputes.

The Insolvency Service says it will open a recruitment process to find his replacement.

Beale said “I have had some wonderful years at the Insolvency Service, it is a great organisation with dedicated and professional staff who care passionately about the work they do. I have felt immensely privileged and proud to lead this historic organisation which does some incredible work to support people in financial distress, tackle financial wrongdoing and maintain the UK’s world class insolvency regime.”