Peter Sargent has been elected president of insolvency industry trade body R3. Mr Sargent (pictured), of Meltham, is Huddersfield and Halifax spokesman for R3 and has more than 25 years’ experience working on both corporate and personal insolvency cases. He began his career with Revell Ward in Huddersfield and became a partner in 1988 before leaving to start his own firm in 1995. His business was acquired by Begbies Traynor in 2005. Mr Sargent is a founder member of the Huddersfield Town Survival Trust, which played a key part in the rescue of the club from administration in 2004. Mr Sargent succeeds Nick O’Reilly, a partner at insolvency firm Vantis, as president of R3. During his year in office, Mr Sargent said he aimed to focus on raising the profile of financial education and providing value for money for member firms. He said: “I am keen to raise the profile about financial education, because as an insolvency practitioner I feel as though I am constantly treating the symptoms, but we need to work towards a cure. We need to look at rehabilitating business owners and educating individuals as those with financial qualifications are less likely to struggle financially later on in life.”
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