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Douglas Flint

From Wikipedia, the free encyclopedia
British banker and business executive (born 1955)

Sir Douglas Flint
Flint in 2012
Born (1955-07-08)8 July 1955 (age 70)
Glasgow, Scotland, UK
Alma materUniversity of Glasgow
OccupationsChairman ofaberdeen andIP Group
Chartered Accountant

Sir Douglas Jardine Flint,CBE[1] (born 8 July 1955) is a British banker and business executive. He was the chairman ofHSBC Holdings from 2011 to 2017, having previously been finance director since 1995.[2] He is chairman ofaberdeen,IP Group, and from 28 May 2026 will chairPrudential.[3][4]

Education

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Flint graduated with a bachelor's degree with honours in Accounting from theUniversity of Glasgow. He also completed the PMD course at Harvard Business School in 1983. Flint is a member of a number of professional bodies such as theInstitute of Chartered Accountants of Scotland, the BritishAssociation of Corporate Treasurers professional body and most recently,Institute of International Finance, where he now serves as chairman of the board. He is also a Fellow of theChartered Institute of Management Accountants.[1]

Career

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Flint started his career in Peat Marwick Mitchell & Co. (nowKPMG), and was appointed a partner of the firm in 1988. He became Group Finance Director of HSBC in 1995. He was the Chairman of the Financial Reporting Council's review of theTurnbull Guidance on Internal Control from 2004 to 2005 and was a member of The Accounting Standards Board and the Standards Advisory Council of the International Accounting Standards Committee Foundation from 2001 to 2004.[1]

In June 2006, in recognition to his services to the finance industry, he was appointed aCommander of the Order of the British Empire (CBE).[5]

Flint became group chairman of HSBC at the end of 2010.[6][7][8][9] In 2014, he criticised banking regulations as "disproportionate", "unwarrantedrisk aversion [which] threatens to restrict access to the formal financial system to many who could benefit from it".[10]

He became chairman of IP Group in November 2018.[11] In October 2018 it was announced that he would become the new chairman ofStandard Life Aberdeen on 1 January 2019, succeedingSir Gerry Grimstone.[12]

In 2023, Flint was included in a ten-member panel to advise opposition leaderKeir Starmer.[13]

In January 2026, Flint was announced as the next board chair of Prudential and will assume the role from 28 May fromShriti Vadera, Baroness Vadera.[4]

References

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  1. ^abc"Executives biographies: Douglas Flint - HSBC Board of Directors". Retrieved22 July 2016.
  2. ^Harry Wilson."Douglas Flint: HSBC's 'safe pair of hands' - Telegraph". Retrieved22 July 2016.
  3. ^Burton, Lucy (30 October 2018)."New era for Standard Life Aberdeen as City grandee Douglas Flint takes the chair".The Telegraph. Retrieved13 December 2018.
  4. ^abStrydom, Martin (14 January 2026)."Former HSBC boss Sir Douglas Flint to chair Prudential".www.thetimes.com. Retrieved14 January 2026.
  5. ^Kevin Reed (21 June 2006)."Wyman and Flint lead honours - Accountancy Age". Retrieved22 July 2016.
  6. ^"Europe's top bank names new management". The Sydney Morning Herald. 25 September 2010. Retrieved22 July 2016.
  7. ^James Quinn (2 January 2011)."Banks plead for guidance on bonuses set to total £7bn - Telegraph". The Telegraph. Retrieved22 July 2016.
  8. ^Ben Perry (25 September 2010)."Europe's top bank HSBC unveils boardroom shake-up". The Sydney Morning Herald. Retrieved22 July 2016.
  9. ^Jill Treanor (24 September 2010)."HSBC chief Mike Geoghegan ousted after brutal boardroom battle - The Guardian".The Guardian. Retrieved22 July 2016.
  10. ^Treanor, Jill (4 August 2014)."HSBC chairman warns against banking reforms".The Guardian. Retrieved15 January 2024.
  11. ^"Board of Directors".IP Group. Retrieved18 January 2023.
  12. ^"New era for Standard Life Aberdeen as City grandee Douglas Flint takes the chair".The Telegraph.
  13. ^O'Connor, Tara (8 December 2023)."Labour appoints 10 City advisers as part of financial services review".FT Adviser. Retrieved15 January 2024.

External links

[edit]
Business positions
Preceded byGroup Chairman ofHSBC
2011–2017
Succeeded by
Chairmen, chief managers & chief executives ofHSBC &HSBC (Hong Kong)
Group chairmen
(since 1991)
Group chief executives
(since 1986)
Chairmen
(since 1865)
Chief managers
(1868–1986)
Authority control databasesEdit this at Wikidata
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