IPA president promises softer approach
The Insolvency Practitioners Association will from today be led by a former forensic accountant who has promised to embrace the softer side of business practice.
Richard Long takes up the presidency of the IPA, following a long career as an expert in drug trafficking enforcement and is one of the few sole practitioners to take on the role. He succeeds Colin Haig of mid-tier firm Baker Tilly.
He steps up from chairman of the IPA’s Investigative Committee, where he was ‘instrumental in improving accountability within the profession’, including the punishment of a partner at collapsed IP, Casson Beckman.
Speaking on taking on the presidency for the one-year term, Long said: ‘Insolvency practitioners have an undeserved reputation as the uncaring “hard-men” of the business world. Though the job often requires ruthless decision-making to rescue doomed businesses, we mustn’t forget the impact of our work on directors, creditors and members of the public when achieving the best result.’