The announcement will see Hampton replace Kent Atkinson – who is stepping down after seven years in the job – on 1 June 2002.
Peter Ellwood, chief executive at the Big Four bank, said he was delighted with the appointment, saying Hampton would ‘make a considerable contribution to the next stages of the Group’s ongoing development’. He also thanked Atkinson for his ‘strong contribution’.
Commenting on his appointment, Philip Hampton said: ‘I am very much looking forward to my new role and to contributing to the continuing success of the Lloyds TSB Group.’
Earlier this year, Hampton stepped down as finance director at BT at the end of a two-year contract. The former Coopers & Lybrand accountant was also group finance director at BG (formerly British Gas) and at British Steel.
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