Peter Walton and Koral Anderson join the Insolvency Service Board as NEDs
The Department for Business and Trade has confirmed the appointment of two new Non-Executive Directors to the Insolvency Service Board. Peter Walton and Koral Anderson took up their roles on 4 May 2026 and will serve three-year terms until May 2029.
The appointments are intended to support the Insolvency Service in delivering its objectives, including assisting individuals and businesses facing financial distress, addressing financial misconduct, and maximising returns to creditors.
Peter Walton brings extensive experience in insolvency law and academic research. He is Emeritus Professor of Insolvency Law at the University of Wolverhampton, a position he has held since 2024, following more than a decade as Professor of Insolvency Law.
Over a career spanning nearly 40 years, Walton has contributed to the development of insolvency and corporate rescue frameworks in the UK. His work has included advising government departments and professional bodies, as well as participating in international advisory roles. He has also held senior positions related to insolvency education and technical governance.
Koral Anderson joins the Board with experience in financial services and operational leadership. She has served as Head of Transformation at Barclays since 2022, where she has led initiatives involving operations, digital transformation, data strategy, and procurement.
Before this role, Anderson held senior leadership positions at Barclays, including roles focused on operations and regulatory delivery. Her earlier career included senior management roles at Deutsche Bank and Goldman Sachs. With more than 25 years of experience in global financial services, Anderson has worked across large-scale transformation programmes, governance structures, and operational delivery.
The Insolvency Service Board oversees the agency’s strategic direction and governance. Non-Executive Directors provide independent oversight and contribute expertise from outside government to support decision-making and accountability.
The Department for Business and Trade stated that both appointments will strengthen the Board’s capability in insolvency policy, financial services, and organisational transformation. The Insolvency Service operates across England and Wales and plays a central role in administering insolvency proceedings, investigating financial wrongdoing, and supporting economic stability.