The Insolvency Service has announced that its new Chief Executive
will be Duncan Beach.
- Duncan Beach will move to the government agency from
HSBC
- He brings more than 20 years of strategic leadership
experience
- Will take up new position on January 5, 2026
The Insolvency Service has announced that its new Chief Executive
will be Duncan Beach, who was previously Managing Director,
Global Head of Risk & Compliance Transformation at
HSBC.
Moving to the agency in January, he will replace the service's
current interim Chief Executive, Alex Pybus, who took on the role
temporarily following the departure of former Chief Executive,
Dean Beale, in May.
Duncan said:
I'm proud to be joining the Insolvency Service as the
organisation continues to develop and modernise. It makes a real
difference to people's lives and the UK's economic stability –
from tackling financial wrongdoing and protecting legitimate
businesses, to supporting people and businesses in financial
difficulty. This work has never been more important.
I'm excited to work with colleagues across the organisation to
set out our vision in the new strategy we'll be launching in
April. Building on the strong foundations already in place, we
have a real opportunity to strengthen our capabilities and
deliver even greater impact for those who need us most.
Duncan has more than 20 years of experience delivering strategic
change and innovation across large, complex
organisations with expertise in financial crime
prevention, regulatory change, operational excellence
and leveraging technology.
Welcoming him to the Insolvency Service, Alec Pybus said:
Duncan's experience in leading large-scale transformation,
particularly in financial crime prevention, regulatory
change and leveraging technology, will be vital as we work
together to meet the challenges ahead and deliver on our
strategic aims.
His track record in building high-performing teams and driving
operational excellence aligns perfectly with our ambitions to
strengthen our capabilities and deliver even greater impact.
, Minister for Small
Business and Economic Transformation, said:
Duncan's expertise in leadership and fighting financial crime
will be invaluable in strengthening the Insolvency
Service.
A robust Insolvency Service is essential for protecting
legitimate businesses, tackling financial wrongdoing, and
creating the economic confidence needed to drive growth.
I look forward to working with him to support our businesses and
boost the economy.
Duncan will join the Insolvency Service on January 5.
