Insights and reports

The IFT appoints a new Chairman

Written by Kya Esnard on September 29, 2021

The IFT is delighted to announce the appointment of Andy Leeser, BSc (Hons) FCMA FIFT as the new Chairman of its Board of Directors.

Andy officially joined the membership organisation as Chairman on 22nd September 2021 after a period of shadowing the board and meeting the executive team.

IFT CEO Milly Camley said: “We are really looking forward to Andy joining us and benefiting from his broad experience and knowledge as a well-recognised CRO. We’re excited to work with him over the coming months and years.”

Andy has over 30 years of experience working as an Advisor, director, and chairman in financially or operationally stressed situations and advising boards in such circumstances. Andy has a consistent track record of success in supporting management teams to deliver both the recovery of businesses and improvements in the positions of stakeholders including UK and overseas Equity Investors, Landlords, Banks, Funds, Trade Creditors, Regulators and the PPF.

Andy Leeser said: “I am delighted to be offered the opportunity to Chair such an excellent organisation. I have been a member of the IFT for quite some years and now, more than ever, will our members be looking for the support and relationships that IFT members can offer. We’re about to enter a very challenging period as Government support comes to an end, but I am looking forward to seeing what is to come and helping to support our members through this time.

Outgoing IFT Chair Steve Swayne added “I believe the IFT has a great future, with strong membership engagement, over budget performance and a vastly improved national profile. I would like to thank members, associates and partners for all their support – it’s been a privilege to serve as Chair to a great organisation.  I will remain an engaged IFT Fellow, and Kingsgate remains committed and active as a corporate partner to the IFT. I would like to extend congratulations to Andy Leeser. I am delighted that the board has appointed someone of Andy’s calibre, a highly qualified Board executive and active IFT Fellow as he takes on position of Chair.”

Milly Camley also recognised the contribution and achievements of the outgoing chairman, Steve Swayne. She said, “I’d like to thank Steve Swayne for his commitment to the IFT over the past three years he has been chairman and the role he has played in developing the organisation.

The Institute for Turnaround (The IFT) is the UK’s leading membership organisation for turnaround experts. Our members and corporate partner organisations help underperforming businesses avoid unnecessary insolvencies. IFT members preserve jobs and livelihoods, uphold local industries, protect economic value and strengthen public service organisations.

Turnaround, the economy and people

https://www.the-ift.com/wp-content/uploads/2024/05/The-IFT-jobs-saved.svg

56K Jobs

Members of The IFT saved an estimated 56,000 jobs in 2023-24.

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£3.1 Billion

IFT members helped add £3.1 billion in shareholder value in 2023-24.

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80% busier/as busy

Over 80% of IFT members reported being busier or as busy 2023-24 compared to the previous year.

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62%

Over 60% of stressed companies don’t know they are in trouble until it is too late.

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