HBOS finance chief to leave in April

Phil Hodkinson, the finance director of
banking group HBOS
will quit in April next year to undertake charity work.

He will leave the bank when he turns 50 to set up his own foundation to help
smaller charities with their fundraising.

‘There are a lot of skills in business that are hugely valuable to charities
and if I can provide them that would be terrific,’ he said.

Hodkinson is currently responsible for the HBOS Foundation, a charity funded
by bank donations, and is a board member of
Business in the Community.

He will be replaced by Mike Ellis, who will rejoin as finance director
three-and-a-half years after he quit the post.

Further reading:

Ex-HBOS chief in running for FSA job

HBOS finance chief rejoins KPMG

Related reading