Iain Lynam - Partner

Iain Lynam

Iain Lynam is an experienced turnaround executive who specialises in stepping in to fill executive roles in troubled businesses. Iain has wide experience gained in a variety of assignments, nowadays normally as Chairman or CRO.

In recent years Iain has been second Partner on Investment Dar in Kuwait and assists the lead Partner on most Aaronite assignments in the Middle East. In 2010 Iain was appointed as Turnaround Director at NHS North West to coordinate, monitor and mentor the management teams in up to 14 hospitals and primary care Trusts and to then hand over to the new Clusters on their foundation in July 2011. This led to his current assignment as Turnaround Director of University Hospitals of Morecambe Bay NHS Foundation Trust, which is suffering major care failures in maternity services and A&E, as well as a number of other clinical and leadership issues.

With Aaronite, Iain’s past roles have included work at Scott Group Limited, Care Principles Limited, Bison Limited, Charterhouse Communications Group PLC, Entertainment Rights PLC, the Northwest NHS Strategic Health Authority, Torex Retail PLC and Whitehead Mann Group PLC and Willis Gambier Holdings Limited. Previously he has led turnaround workouts at John Dickinson Stationery, Coolchain, a chilled distribution supplier to the supermarkets, at Telecom Security, an alarm services provider owned by BT. He has worked on a wide range of restructuring and change management assignments in the construction, distribution, manufacturing, motor and electricity supply sectors, including a number of troubled projects including Galileo, the travel ticketing and reservation system built at Swindon and at AES Barry to support a claim in the TXU Administration for this PPA power station company.

Iain has worked in the UK, the USA, and Sweden and at times in France, Germany, the Netherlands, Portugal and Sweden in Europe, the Middle East and Japan. He has had responsibility for businesses with operations in most parts of the world.

He is the Chairman of Aaronite Partners LLC, the Partnership’s UAE subsidiary established in DIFC in January 2012.

He is a fellow of the Institute of Chartered Accountants in England and Wales and a fellow of the Institute for Turnaround, where he was also Chairman for the two years 2006 - 2008.


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