The awarding of an OBE to David Chapman, Senior Official Receiver for the Insolvency Service, in the King's Birthday Honours List for 2024, marks a significant recognition of his £14.2 billion contribution to the UK economy through the resolution of high-profile insolvencies such as Carillion (£7.3 billion), Thomas Cook (£6.8 billion), and British Steel (£1.5 billion). Over his 42-year tenure with the Insolvency Service, Mr Chapman has safeguarded public services, preserved jobs, and ensured substantial financial returns during periods of significant corporate distress.
Mr Chapman's leadership in navigating these complex cases has been characterised by his strategic oversight and commitment to minimising disruption. He has successfully managed over 1,200 insolvency cases, generating a £5 billion surplus for the economy while protecting over 10 million jobs. This record highlights his ability to balance competing interests and deliver tangible outcomes.
Notably, Mr Chapman's expertise extends beyond case management, with a significant impact on the development of next-generation insolvency professionals. He has mentored numerous colleagues, providing guidance on complex matters involving cross-jurisdictional cases and procedural hurdles. This investment in professional development has enhanced the Insolvency Service's capacity to handle increasingly intricate cases.
Mr Chapman expressed his gratitude for the recognition, acknowledging that it reflects not only his own efforts but also those of his dedicated colleagues across the Insolvency Service. He underscored the enduring importance of public service and collective achievement, highlighting the privilege of leading work that has protected vital services and delivered meaningful returns to the economy.