The Board
Dennis Stevenson
Chairman
Age 62. Dennis was appointed Chairman of HBOS in 2001 (having joined the Board of Halifax in 1999) and became Governor of Bank of Scotland in January 2006. He is Chairman of the House of Lords Appointments Commission, Chancellor of the University of the Arts London, a Non-executive Director of Western Union Group, Loudwater Investment Partners and Culture and Sport Glasgow, and President of the Employers Forum on Age.
Andy Hornby
Chief Executive
Age 41. Andy became Chief Executive of HBOS in July 2006, having previously been the Group’s Chief Operating Officer. Andy joined the Board of Halifax in 1999 as Chief Executive of the Retail division. He is a Non-executive Director of Home Retail Group. Prior to joining Halifax, Andy undertook various roles at Boston Consulting Group, Blue Circle and ASDA.
Peter Cummings
Executive Director
Age 52. Peter joined Bank of Scotland in 1973. In 1995 he became Director of Corporate Banking. Peter joined the HBOS Board in January 2006 as Chief Executive, Corporate. Peter is also a Director of Maggie’s Centres and will become Chairman of the HBOS Foundation with effect from April 2008.
Jo Dawson
Executive Director
Age 45. Jo became Chief Executive of the Insurance & Investment division in March 2006, joining the Board of HBOS in May 2006. In August 2007 she also assumed responsibility for Retail Distribution. Jo joined Halifax in 2000 and became Group Risk Director in 2005. Prior to joining Halifax, Jo held senior positions with NatWest and Green Flag. She is a member of the Board of the Association of British Insurers.
Mike Ellis
Executive Director
Age 56. Mike rejoined the HBOS Board on 25 September 2007 as Group Finance Director Designate becoming Group Finance Director on 1 January 2008. He previously served as Group Finance Director of HBOS between 2001 and 2004, following a long career with Halifax prior to the merger with Bank of Scotland. Mike is a qualified accountant and a Non-executive Director of WH Smith.
Philip Gore-Randall
Executive Director
Age 55. Philip joined the Board of HBOS on 15 September 2007 as Chief Operating Officer. Philip is a Chartered Accountant with extensive experience in the UK and overseas, serving for a number of years as Managing Partner of Arthur Andersen. He joined HBOS from Aon UK, where he held the role of Chief Operating Officer. Philip is a Non-executive Director of Compass Consulting Group Holdings, an independent management consulting firm.
Colin Matthew
Executive Director
Age 57. Colin is Chief Executive, Strategy, International and Treasury & Asset Management and, since January 2006, has been Treasurer of Bank of Scotland. Colin joined Bank of Scotland in 1966, becoming a Director in 2000.
Dan Watkins
Executive Director
Age 45. Dan was appointed to the Board of HBOS on 5 September 2007 as Chief Executive, Retail Products. He served as Group Risk Director from February 2006 and prior to that was Head of Retail Risk. Dan joined Birmingham Midshires in 1993, becoming Managing Director in 2001. In his early career, Dan worked for Morgan Grenfell.
Richard Cousins
Non-executive Director
Age 48. Richard became a Non-executive Director of HBOS on 1 March 2007. He is Chief Executive Officer of Compass Group. Between 1990 and 2005 he worked for BPB, becoming Chief Executive Officer in 2000. Richard was previously a Non-executive Director of P&O. His early career was spent with Cadbury Schweppes and BTR.
Charles Dunstone
Non-executive Director
Age 43. Charles was appointed a Non-executive Director of Halifax in 2000. He is Chief Executive Officer of The Carphone Warehouse Group which he founded in 1989. Charles is also a Non-executive Director of the Daily Mail and General Trust and Chairman of the Prince’s Trust Trading Board.
Sir Ron Garrick
Non-executive Director
Age 67. Sir Ron joined the Board of Bank of Scotland in 2000. In January 2003 he became Deputy Chairman of HBOS and since 2004 has served as the Company’s Senior Independent Director. He was previously Chief Executive and Chairman of Weir Group.
Anthony Hobson
Non-executive Director
Age 60. Anthony (‘Tony’) joined the Board of Halifax in 2001 and has been the Chairman of the Audit Committee since HBOS’s formation. Tony is also Chairman of The Sage Group and of Northern Foods. He was Group Finance Director of Legal & General Group for 14 years until 2001, and is a Chartered Accountant.
Karen Jones
Non-executive Director
Age 51. Karen became a Non-executive Director of HBOS in January 2006. She was previously Chief Executive of Spirit Group and the founder and Chief Executive of Café Rouge and The Pelican Group. She has held Non-executive positions at Gondola Holdings and Emap.
John E Mack
Non-executive Director
Age 60. John was appointed a Non-executive Director of HBOS on 1 May 2007. Following a long career with Bank of America and its predecessors (during which he served as Corporate Treasurer for many years), John joined Shinsei Bank of Japan in 2002 as Senior Managing Executive Officer and Chief Financial Officer. He retired from these executive roles in 2005 but remained as a consultant for Shinsei until the end of 2006.
Coline McConville
Non-executive Director
Age 43. Coline joined the Board of Halifax in 2000. Until 2006 she was Chief Executive Officer, Europe of Clear Channel International, prior to which she was with McKinseys Management Consultants in London and L E K Management Consultants in Germany. Coline qualified as a lawyer in Australia.
Kate Nealon
Non-executive Director
Age 54. Kate joined the Board of HBOS in March 2004. She is a Non-executive Director of Cable & Wireless and Shire. Previously Kate was Group Head of Legal and Compliance for Standard Chartered. Kate qualified as a lawyer in the US.