“I am delighted to be taking over as president at a time when the profession is involved in debating the future make up of the industry.
Practitioners have a duty to recover the most they can for creditors. They need to be allowed to fulfil that role without unnecessary red tape and with public confidence in their commercial and technical skills”
During her year as president Coulson will have to deal with two ongoing consultations that could change the profession, including the introduction of an independent complaints commission, and prolonging the raped turnaround insolvency process pre-pack.
Coulson, who has been an active member of R3 for 15 years, was previously chair of the Smaller Practice Croup with provides technical support for small to medium sixe insolvency practices.
She takes over from Steen Law who will remain on R3’s council.
Lee Manning, Deloitte parent, was named deputy president and is due to succeed Coulson next year.
Manning has worked on several high profile insolvencies, including Land of Leather and Oddbins.