Welcome to IPFM
The Institute of Professional Financial Managers (IPFM) was established in 1992 to provide a body for professional financial managers. The IPFM set out to fill the niche market between the accountancy and treasury management professions. There has been a steady growth in the membership with several hundred new applications each year in the early years but now running into thousands. The total number of members is over 10,000. We now have members from over 40 countries. There has also been a steady demand from members to be representatives in their own countries. We have over 20 such representations around the world. We have established links with reciprocal bodies in Australia, Belgium, Canada, India, Nigeria, South Africa and UK. These work based on the other body accepting our members as their members on payment of the appropriate fee. In most instances, there is no need for our members to complete application forms other than the one on joining the IPFM. The IPFM provides educational services to Cameroun, Eastern Europe, Gambia, Kenya, Swaziland, Yemen and Zimbabwe. These usually take the form of our approving the educational structures of local bodies and issuing certificates and diplomas. Membership ranges from the Technician level through to the Doctoral Fellow level. Membership of the Institute will confer the following benefits: - Use of the letters TIPFM, AIPFM, FIPFM or DIPFM
- Receipt of a free 16-page IPFM Journal three times a year
- Right to attend the annual dinner in London or at other centres
The Registrar of Companies for England and Wales hereby certifies that: INSTITUTE OF PROFESSIONAL FINANCIAL MANAGERS is incorporated under the Companies Act 1985 as a private company and that the company is limited. The company number is 5763364 It is registered as a Professional Institute.
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IPFM President, Dr Peter Kay Dr Peter Kay, MSc, PgDip (Manu), PgDip (Mgmt), ACMA, DIPFM, FIManf, Fellow Manufacturing Institute, FFA Peter qualified as an Associate of the Chartered Institute of Management Accountants in 1984 and subsequently became a Fellow of the Institute of Financial Accountants. He holds a Doctorate in Business Administration from the Irish University Business School (formerly the IBS) In 2002, Peter was elected as a Doctor of the Institute of Professional Finance Managers (IPFM) and in 2008 became President..
Sponsored by his employers he obtained a Post Graduate Diploma in Management Studies from Salford University and a Postgraduate Diploma and Master of Science Degree in Manufacturing: Management and Technology with the Open University. He has recently become a Fellow in Lean Manufacturing at the Manufacturing Institute and in 2008 commenced a PhD in Lean at Manchester Metropolitan University. Peter has many years experience in a variety of organisations both inside and outside manufacturing.
He spent a total of 14 years within the paint and detergent sector working in the UK and the Republic of Ireland. Whilst in Ireland he managed to help turn round a loss making subsidiary back into profit within six months. He worked for several years for the high street retailer Woolworth’s, and was part of a team, which helped defeat a hostile takeover bid. Heavily involved in systems he joined Greater Manchester Police, at the time the largest force outside London with some 11,000 police officers and support staff. Whilst there he supported the introduction of devolved budgeting and implemented Oracle Financials.
Carrying on of this theme, he then joined Electronic Data Systems, one of the largest IT companies in the world as an Oracle Consultant. This role involved supporting companies throughout the UK and Europe, specifying and implementing new systems. Among those supported were Hitachi, UK and Holland, Ingersoll, Madrid, and the Department of Works and Pensions, Sheffield. Peter now works as a system accountant for Ultraframe one of the largest conservatory system manufacturers in Europe. The role involves work with new product development as well as system enhancement. The company is a leader in R&D innovation in its industry and is recognised as being advanced in the implementation of lean techniques.
Peter’s interest in this field has led him to commence a PhD in this area and he hopes to produce regular articles for the IPFM Journal and the Journal of the Institute of Manufacturing on this subject. Outside work Peter has been heavily involved with local and national charities for nearly 30 years attending weekly fund raising meetings throughout this time. He also has had articles published in the IPFM Journal, one on Project Management and one on Business Process Re-engineering. |
