Accountants and business advisers Bennett Verby has added to the number of Licenced Insolvency practitioners in its Corporate Recovery and Insolvency division.
Nicola Baker, who joined the Stockport-based firm in 2010, has now obtained her insolvency licence after passing the Joint Insolvency Examination Board exams (JIEB).
Nicola’s exam success coincides with Bennett Verby Corporate Recovery and Insolvency (BVCRI) relocating its Newcastle-under-Lyme office to new, larger premises as it continues to gain market share in the area.
Nicola pictured left with Partner Vincent Simmons
Nicola began her career in 2005 at Tenon (now part of Baker Tilly) and in 2006 completed the CPI Certificate of Proficiency in Insolvency.
After moving to Bennett Verby, she wanted to further develop her career and started working towards becoming a licenced insolvency practitioner.
Insolvency is a highly regulated industry and the JIEB exams are notoriously difficult – the pass rate is less than 50 per cent. It is also an industry where the majority of licenced practitioners are male.
Nicola joins Partner Vincent Simmons and Julie Bridgett as BVCRI’s third licenced insolvency practitioner.
Nicola said:
“Passing the JIEB has allowed me to build on my technical knowledge and has also given me greater confidence.
“The industry is often overlooked in its role in helping businesses avoid insolvency in the first place, both through providing advice to individuals and businesses as well as instigating formal rescue procedures.”
Vincent added:
“We are delighted that Nicola has got her licence which is thoroughly well deserved. It is exciting times for BVCRI with our move to larger premises in Newcastle-under-Lyme with our growing market share in the region.”