Charles Loake, associate director at Nottingham-headquartered auction house John Pye & Sons Ltd, has been appointed as a director of the Turnaround Management Association UK (TMA).
Following in the footsteps of John Pye colleagues, including Managing Director Adam Pye, Charles is taking over the role from John Pye’s joint head of Property and Business, Trevor Palethorpe as he prepares to step down from the board, following a two-year tenure.
TMA is a global organisation dedicated to business turnaround, recovery and renewal. With around 10,000 members across 20 countries, it combines global networking with sharing the latest news on business recovery, corporate turnaround and restructuring.
Charles has over 20 years’ experience with John Pye & Sons, and has provided valuation and sales advice on some of the UK’s most high-profile insolvencies, including Made.com and Phones4u Limited. He is also a Fellow of NAVA Propertymark (National Association of Valuers and Auctioneers) and a member of NAEA Propertymark, the UK’s leading membership body for property agents.
Charles has a long-term association with TMA and its board and is a regular host of the Annual UK Conference.
Paul Davies, president of TMA UK, said: “We are delighted that Charles is joining the TMA UK Board of Directors. Both John Pye & Sons and Charles have been great supporters of TMA UK and we look forward to working with Charles to continue our excellent relationship.”
Speaking of his appointment, Charles said: “I have always enjoyed being a part of TMA. As a director of a nationwide firm, it’s a great way to connect and stay informed on how our market is performing in all regions of the UK, as well as maintaining and developing new relationships.
“Following in Adam’s and Trevor’s footsteps, joining the board was a natural progression, as we can continue to offer John Pye’s support with hosting future events and grow the TMA membership further.”
