BusinessCompany NewsRhodes to take CEO throne after Bennett illness

Rhodes to take CEO throne after Bennett illness

Alliance and Leicester CEO struck down by abdominal illness, catapulting FD Chris Rhodes into the chief exec throne after only seven months

Chris Rhodes has been named as Alliance and Leicester’s CEO after barely six
months as FD.

The finance chief, who has been at A&L for 20 years, stepped up to take
executive control of the company after former FD David Bennett was struck down
by illness.

The
FTSE 100 company said
: ‘Alliance & Leicester announces that David
Bennett, group chief executive is on temporary leave of absence due to an
abdominal illness. As a consequence, with effect from today, Chris Rhodes, group
FD , is to take on the role of acting chief executive of Alliance &
Leicester.’

Rhodes workload will be effectively doubled because he will continue his
day-to-day role of FD in addition to the CEO role.

Sir Derek Higgs, chairman of Alliance & Leicester, said: ‘Chris is the
ideal person to lead the bank in David’s absence. His leadership qualities and
long experience of the group, as FD, in the commercial bank and as MD of the
retail bank, fully equip him for the task.’

Higgs added: ‘We wish David well and look forward to welcoming him back fit
and well in due course.’

Further reading:

Alliance
& Leicester FD wins top job

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