7 November 2011

Philip King, Chief Executive of the Institute of Credit Management (ICM), has been appointed a Lay Member of the Joint Insolvency Committee (JIC).

The JIC promotes a consistency of approach across the organisations that authorise insolvency practitioners in Great Britain, also providing a forum that allows for discussion within the industry.

Philip says that becoming a member of the JIC confirms the Institute's need and desire to be fully engaged with the insolvency profession: "The opportunity to become involved with the Joint Insolvency Committee is of valued importance to both the ICM and to me personally," he says. "I hope to be able to bring an element of knowledge and experience to the committee, and bring closer ties and understanding between credit management and insolvency professionals."

The JIC's primary purpose is to include regulating ethical and best practice by agreement and debate within the committee, as well as promoting, improving and maintaining the development of insolvency standards.