Deloitte partner begins presidency at trade body

by Rachael Singh

More from this author

27 Apr 2012

  • Comments
Lee Manning

DELOITTE PARTNER Lee Manning today begins his role as president of insolvency trade body R3.

Manning, (pictured) partner in restructuring services at Deloitte, has worked on high profile retail administrations such as Oddbins and Land of Leather and is also a sport insolvency expert having been administrator to Millwall, Bradford City, Swindon Town and Richmond Professional rugby club - when it was in the Premiership.

He joined Deloitte in 2004 after spending more than 14 years with Kroll. Manning succeeds Frances Coulson, a partner at law firm Moon Beever, who steps down after a year but will continue to sit on the council.

"I am relishing the chance to build on the ambassadorial role that previous presidents have established and advise on the effectiveness of changes to the insolvency regime. Globally, we know our regime compares favourably, for example to the US, but there are changes we can make to facilitate fewer liquidations and increase business rescues," said Manning.

"This would include ending uncertainty over the current expenses in Administration regime and implementing R3's ‘rescue to ransom' campaign, targeting suppliers who demand ransom payments from companies facing insolvency. Combined, these two measures could save nearly 5,000 more businesses a year."

Earlier this month Manning defended the insolvency profession against the British Property Federation which claimed there needed to be tighter regulation. He also came 19th in the Accountancy Age Financial Power list.

Visitor comments

blog comments powered by Disqus

Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

  • Send


Financial Planner

The Ministry of Defence Surgeon General’s (SG) Finance Department, Lichfield, Staffordshire, Permanent, Full Time, £ £30,008




Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials


Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you



Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.


iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.