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ICM appoints new Chief Executive

29 June 2009

Philip King has been appointed Chief Executive of the Institute of Credit Management (ICM) as part of a move to streamline the management structure of the organisation and make it fit for purpose for the 21st Century.

Philip has been Director General of the ICM since January 2006, having previously played a number of local and national roles within the organisation since graduating in 1980. His appointment as Chief Executive recognises a need to bring the Institute more in-line with its commercial counterparts, according to ICM Chairman Larry Coltman, particularly in the way that it approaches corporate governance:

“Creating a new chief executive role and re-visiting our Articles of Association have been long overdue, and will make the Institute more effective in how it delivers essential services to its members at this critical time in the economy,” he says.

In addition to his ICM qualification, Philip holds the Certified Diploma in Accounting and Finance and an MBA from Strathclyde Graduate Business School. Prior to taking up his post at the ICM, he had 26 years practical experience in credit management with senior roles at STC Distributors, Olivetti and finally with Vodafone where he worked for 10 years.

He sits on a number of industry and government-led bodies and speaks extensively on the importance of cashflow and good credit management. He is regularly quoted on anything to do with business practice and cash management and was the author of a series of Managing Cashflow Guides written by the ICM for BERR (now the Department for Business, Innovation and Skills) in 2008.

Outside work, his interests are his family, tropical fish, and Tottenham Hotspur, where he has been a fanatical season ticket holder for over 30 years. He is married with three children.