Douglas Flint
{{Short description|British banker}}
{{Use dmy dates|date=March 2018}}
{{Use British English|date=March 2018}}
{{Infobox person
| name = Sir Douglas Flint
| honorific_suffix = {{postnominals|country=GBR|size=100%|CBE}}
| image = Douglas Flint - World Economic Forum Annual Meeting 2012.jpg
| alt =
| caption = Flint in 2012
|birth_name =
| birth_date = {{Birth date and age|1955|7|8|df=y}}
| birth_place = Glasgow, Scotland, UK
| death_date =
| death_place =
| nationality = British
| alma_mater = University of Glasgow
| known_for =
| occupation = Chairman of aberdeen and IP Group
Chartered Accountant
}}
Sir Douglas Jardine Flint, {{postnominals|country=GBR|size=100%|CBE}}{{cite web | url=http://www.hsbc.com/about-hsbc/leadership/douglas-flint | title=Executives biographies: Douglas Flint - HSBC Board of Directors | access-date=22 July 2016}} (born 8 July 1955) is a British banker and former chairman of HSBC Holdings. He served from 2011 to 2017, having previously been finance director since 1995.{{cite web | url=https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8021791/Douglas-Flint-HSBCs-safe-pair-of-hands.html | title=Douglas Flint: HSBC's 'safe pair of hands' - Telegraph | access-date=22 July 2016 | author=Harry Wilson}} He is chairman of aberdeen.{{cite news|url=https://www.telegraph.co.uk/business/2018/10/30/new-era-standard-life-aberdeen-city-grandee-douglas-flint-takes/|website=The Telegraph|title=New era for Standard Life Aberdeen as City grandee Douglas Flint takes the chair|date=30 October 2018|access-date=13 December 2018|last1=Burton|first1=Lucy}}
Biography
= Education =
Flint graduated with a bachelor's degree with honours in Accounting from the University 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 the Institute of Chartered Accountants of Scotland, the British Association 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 the Chartered Institute of Management Accountants.
= Career =
Flint started his career in Peat Marwick Mitchell & Co. (now KPMG), 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 the Turnbull 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.
In June 2006, in recognition to his services to the finance industry, he was appointed a Commander of the Order of the British Empire (CBE).{{cite web | url=http://www.accountancyage.com/aa/news/1757444/wyman-flint-lead-honours | title=Wyman and Flint lead honours - Accountancy Age | date=21 June 2006 | access-date=22 July 2016 | author=Kevin Reed}}
Flint became group chairman of HSBC at the end of 2010.{{cite web | url=http://www.smh.com.au//breaking-news-business/europes-top-bank-names-new-management-20100925-15qwq.html | title=Europe's top bank names new management | publisher=The Sydney Morning Herald | date=25 September 2010 | access-date=22 July 2016}}{{cite web | url=https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8234359/Banks-plead-for-guidance-on-bonuses-set-to-total-7bn.html | title=Banks plead for guidance on bonuses set to total £7bn - Telegraph | publisher=The Telegraph | date=2 January 2011 | access-date=22 July 2016 | author=James Quinn}}{{cite web | url=http://www.smh.com.au//breaking-news-world/europes-top-bank-hsbc-unveils-boardroom-shakeup-20100925-15qxd.html | title=Europe's top bank HSBC unveils boardroom shake-up | publisher=The Sydney Morning Herald | date=25 September 2010 | access-date=22 July 2016 | author=Ben Perry}}{{cite web | url=https://www.theguardian.com/business/2010/sep/23/hsbc-mike-geohegan-replaced-stuart-gulliver | title=HSBC chief Mike Geoghegan ousted after brutal boardroom battle - The Guardian | work=The Guardian | date=24 September 2010 | access-date=22 July 2016 | author=Jill Treanor}} In 2014, he criticised banking regulations as "disproportionate", "unwarranted risk aversion [which] threatens to restrict access to the formal financial system to many who could benefit from it".{{cite news |last1=Treanor |first1=Jill |title=HSBC chairman warns against banking reforms |url=https://www.theguardian.com/business/2014/aug/04/hsbc-chairman-warns-against-ringfence-banks |access-date=15 January 2024 |work=The Guardian |date=4 August 2014}}
He became Chairman of IP Group in November 2018.{{cite web |title=Board of Directors |url=https://www.ipgroupplc.com/about-us/board-of-directors#:~:text=Sir%20Douglas%20joined%20the%20Board,that%20role%20in%20December%202010. |website=IP Group |access-date=18 January 2023}} In October 2018 it was announced that he would become the new chairman of Standard Life Aberdeen on 1 January 2019, succeeding Sir Gerry Grimstone.{{cite web|url=https://www.telegraph.co.uk/business/2018/10/30/new-era-standard-life-aberdeen-city-grandee-douglas-flint-takes/|website=The Telegraph|title=New era for Standard Life Aberdeen as City grandee Douglas Flint takes the chair}}
In 2023, Flint was included in a ten-member panel to advise opposition leader Keir Starmer.{{cite news |last1=O'Connor |first1=Tara |title=Labour appoints 10 City advisers as part of financial services review |url=https://www.ftadviser.com/your-industry/2023/12/08/labour-appoints-10-city-advisers-as-part-of-financial-services-review/ |access-date=15 January 2024 |work=FT Adviser |date=8 December 2023 |language=en}}
References
{{Reflist}}
External links
- [http://www.hsbc.com/about-hsbc/leadership/douglas-flint HSBC director's profile]
{{s-start}}
{{s-bus}}
{{s-bef | before = Lord Green of Hurstpierpoint}}
{{s-ttl | title = Group Chairman of HSBC
| years = 2011–2017}}
{{s-aft | after = Mark Tucker}}
{{s-end}}
{{HSBC Group}}
{{Authority control}}
{{DEFAULTSORT:Flint, Douglas}}
Category:Scottish chairpersons of corporations
Category:Scottish businesspeople
Category:Alumni of the University of Glasgow
Category:Harvard Business School alumni
Category:British corporate directors
Category:Businesspeople from Glasgow