Tom Lewis appointed as Finance Director of IPA, enhancing financial leadership in advertising - Global Banking & Finance Review
Featured image of Tom Lewis, the newly appointed Finance Director of IPA, illustrating his role in enhancing financial strategies within the advertising industry. This appointment marks a significant leadership change in finance for the Institute of Practitioners in Advertising.
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IPA APPOINTS TOM LEWIS AS NEW FINANCE DIRECTOR

Published by Gbaf News

Posted on March 12, 2014

2 min read

· Last updated: March 12, 2014

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IPA APPOINTS TOM LEWIS AS NEW FINANCE DIRECTOR

IPA APPOINTS TOM LEWIS AS NEW FINANCE DIRECTOR

Tom Lewis Announced as IPA Finance Director

The IPA (the Institute of Practitioners in Advertising) has appointed former ad agency man Tom Lewis as its new Finance Director. He will formally join the IPA on 17th March where he will begin a two-week handover with Alex Hunter who retires after seven years in the role.

Diverse Background in Finance and Advertising

Lewis has held senior financial positions across the FMCG, marketing services and advertising sectors, including Coca-Cola, Ogilvy & Mather, Huntsworth, Omnicom and Mediabrands, and most recently at crisis communications firm Regester Larkin where he held the position of Group Finance Director.

Lewis will bring his comprehensive experience of running finance departments and of helping organisations to operate more effectively and profitably, to his new role of IPA Finance Director, for which there are three broad areas of responsibility:

  • The financial stewardship of the IPA, reporting to both the IPA Finance Committee, Council and Director General Paul Bainsfair;
  • The relationship with agency financial community which includes advising on agency remuneration and the IPA’s many surveys;
  • The relationship with key external parties including the IPA’s accountants, BARB, HMRC and other industry bodies such as ISBA.

Endorsements from IPA Leadership

Says IPA Director General Paul Bainsfair: “As Alex Hunter has demonstrated and excelled at over the past seven years, the role of IPA Finance Director has a far wider-reaching remit than just looking after the internal finances of the IPA, they have to be involved with Adland, and our members, in the broadest sense. We are therefore delighted to have found Tom who has such a comprehensive understanding of both the world of finance and of the ad industry and who will be able to hit the ground running.”

Tom Lewis Shares His Vision

Says Tom Lewis: “The role of the Finance Director of the IPA is a broad and varied one; I am looking forward to joining the Institute as it approaches its 100th year and working with colleagues, industry bodies and finance peers to promote advertising as a commercial business.”

Additional Skills and Achievements of Lewis

In addition to his Chartered Accountancy qualification, Lewis is fluent in Russian and French and is a respected wine writer. He is the Treasurer of The Circle of Wine Writers and Vice President of the East Anglian Society of Chartered Accountants.

Key Takeaways

  • Tom Lewis has been appointed Finance Director of the IPA and joins March 17, 2014 after a two‑week handover with retiring Alex Hunter.
  • He brings extensive senior finance experience across FMCG, marketing services, and advertising firms including Coca‑Cola, Ogilvy & Mather, Omnicom, Mediabrands, and Regester Larkin.
  • His remit includes financial stewardship, agency financial community relations, and liaison with external bodies like HMRC, BARB, and ISBA.
  • Director General Paul Bainsfair praises Lewis’s deep understanding of finance and advertising and ability to engage with the wider ad industry.
  • Lewis, a chartered accountant fluent in Russian and French, is also active in wine writing as Treasurer of The Circle of Wine Writers.

References

Frequently Asked Questions

When does Tom Lewis formally start as IPA Finance Director?
He formally joins the IPA on 17 March 2014, beginning a two‑week handover with the retiring Alex Hunter.
What sectors has Tom Lewis worked in before this role?
He held senior financial roles across FMCG, marketing services and advertising sectors, including at Coca‑Cola, Ogilvy & Mather, Huntsworth, Omnicom, Mediabrands, and Regester Larkin.
What are Tom Lewis’s main responsibilities at the IPA?
His responsibilities include financial stewardship of the IPA, managing relations with the agency financial community (e.g. remuneration advice and surveys), and liaison with external bodies like accountants, BARB, HMRC and industry bodies such as ISBA.
What background qualifications or interests does Tom Lewis have beyond his IPA role?
He is a chartered accountant, fluent in Russian and French, a respected wine writer, Treasurer of The Circle of Wine Writers and Vice‑President of the East Anglian Society of Chartered Accountants.

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