Invocas Financial

Howard Bell - Non Executive Chairman

Howard joined Yorkshire Imperial Metals as a management trainee before moving to Provident Financial in 1967. He was initially involved in computing before taking up senior positions in human resources and line management. During this period he spent 3 years in Scotland running Provident Financial's Scottish operations. He was appointed to the Group Board in 1989; became Managing Director in 1995 and Chief Executive in 1997.

In addition to responsibilities for regular City presentations, Howard was responsible for the rationalisation of the Group from 27 operating companies to 2 strategic divisions and oversaw the implementation of the highly successful overseas expansion. He retired from the Provident Financial Group as a director in 2001 and has subsequently been involved in a number of local external appointments.

Howard is the Group's Non Executive Chairman and chairs the Nominations and Remuneration Committees and sits on the Audit Committee.

David Macmillan - Chief Executive Officer

David has extensive knowledge of the City and the financial services sector. Until recently David was with the Standard Life Group, having spent 16 years in a variety of roles culminating in a position as UK Retail Director.

David joined Standard Life in 1991 as a graduate management trainee. In 1998, as Head of Corporate Development, he joined the start-up team at Standard Life Bank to take charge of sales and marketing. David spent the next 7 years playing a major role in shaping and directing the multi-award winning telephone and internet bank, becoming Sales and Marketing Director in 2000 and joining the Board in 2003.

In 2005, David was appointed UK Retail Director at Standard Life Group, ahead of the company's Stock Market floatation in July 2006. He was tasked with identifying and validating growth and productivity synergies across the core UK insurance, investment, banking and healthcare operations.

Robbie Drummond - Group Finance Director and Company Secretary

Robbie joined Invocas in January 2009 from HBOS PLC where he was employed for 5 years in a number of senior operational finance roles, recently as Head of Finance for Business and Payment Services where he had responsibility for finance leadership and control, financial planning and investment.

Robbie trained as a Chartered Accountant with KPMG, qualifying in 1993, before moving in 1995 to Coopers & Lybrand for 3 years to specialise in Corporate Finance. He has held a number of other senior finance roles in public and private companies including 2 years with Thus PLC assisting with the flotation and latterly as Head of Business Planning and Investment.

As Finance Director and Company Secretary, he is responsible for all financial, legal and compliance aspects of the Group's activities.

John Hall - Group Development Director

John rejoined the Group on a full time basis in July 2009 to further develop our corporate insolvency, turnaround and advisory offerings, and to help the Board explore strategic development opportunities. John qualified as a Chartered Accountant in 1989 with Arthur Andersen & Co in Leeds and as an insolvency practitioner in 1993. He moved to Scotland in 1991 and, until late 1997, spent time with Ernst & Young dealing with a varied portfolio of corporate insolvencies, restructurings and viability reviews on behalf of major lending institutions.

In January 1998, John established Haines Watts Business Recovery and Insolvency Scotland (HWBRIS), which he built from scratch to become the leading provider of personal insolvency solutions in Scotland.

John was CEO of the Group until April 2008 and a Non Executive Director until rejoining the Board in an Executive capacity.

Bob Lewis - Non Executive Director

Bob has over 35 years experience in the accountancy profession, having qualified as a Chartered Accountant with a predecessor firm of what is now Ernst & Young in 1971, becoming a partner in 1981.

In 1984, Bob was asked by the managing partners of Haines Watts to develop additional offices in the North. Between 1986 and 2003, he was responsible for opening 13 new offices, accounting for approximately 30% of the Haines Watts' group turnover.

In 1992, Bob was appointed to the main board of Haines Watts Limited and was Managing Partner of the group from 1999 until 2003. He retired from the board of Haines Watts Limited on 31 March 2006. Bob holds a number of local charitable appointments and is a consultant to Haines Watts Chartered Accountants in Leeds.

As a Non Executive Director Bob chairs the Audit Committee and sits on the Remuneration and Nominations Committees.

Brian Ferguson – Sales & Marketing Director

Brian has over 17 years financial services sales and business development experience, the majority of which was spent at Standard Life Bank where over a period of 8 years he worked in a number of roles, including National Sales Manager and Head of Distribution Strategy.

Prior to joining Standard Life Bank, Brian worked within the Commercial Asset Finance Division of Bank of Scotland.

Mike Young – Operations Director

Mike joined Invocas in November 2009 and is responsible for service delivery, technology platforms and business transformation to ensure customer satisfaction and profitable business growth.

Before joining Invocas, Mike was COO of a Gemalto subsidiary delivering services to banks and governments worldwide. Prior to that, he was a VP at MasterCard Worldwide and also a management consultant, including 4 years at Accenture, where he worked on major re-engineering projects in financial services, retail and government.

Mike began his career at Honeywell creating applications software on mid-range systems. Mike graduated from Imperial College of Science and Technology, London with a Masters in Engineering.

Colin Murdoch - Director

Colin is a Chartered Accountant and licensed Insolvency Practitioner. Based in our Glasgow office, he focuses on advising Company directors and stakeholders on business recovery and turnaround. In addition, he is our lead Insolvency Practitioner in Scotland for our Customer Debt Solutions division.

Colin has 15 years of experience dealing with corporate and personal insolvency and specialises in advisory, restructuring and turnaround assignments as well as formal corporate insolvency appointments. Colin qualified as a CA in 1992 with Nash Brown Wesson, London and 2 years later moved to PwC, London. After relocating to PwC Corporate Recovery in Glasgow in 1996, Colin transferred to KPMG Corporate Recovery in 1999 before joining Invocas in 2003.

Donald McNaught - Director

Donald qualified as a Chartered Accountant in 2001 with HLB Kidsons and transferred to Grant Thornton in 2002 to complete insolvency training. A licensed insolvency practitioner, Donald has day to day responsibility for all business recovery assignments. This encompasses corporate insolvency work, sequestrations and ongoing contracts for personal insolvency services to the Accountant in Bankruptcy. Donald joined Invocas in 2004 and is a member of the ICAS Insolvency Committee.

Giles McCarthy – Director

Giles joined Invocas in July 2007 and has headed up the firm's English office since that time. A licensed insolvency practitioner, he concentrates on the English and Welsh market and advises individuals and companies in financial distress.

Giles trained as an Insolvency Practitioner with KPMG, qualifying in 2001, before moving to Australia in 2004 where he continued to work in the insolvency market. On returning to the UK in 2006, Giles set up a boutique insolvency business that was subsequently acquired by Invocas as part of their expansion strategy.