Sir Douglas Jardine Flint, (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. He is chairman of

aberdeen Aberdeen ( ; ; ) is a port city in North East Scotland, and is the List of towns and cities in Scotland by population, third most populous Cities of Scotland, Scottish city. Historically, Aberdeen was within the historic county of Aberdeensh ...

Biography

Education

Flint graduated with a bachelor's degree with honours in Accounting from the

University of Glasgow The University of Glasgow (abbreviated as ''Glas.'' in Post-nominal letters, post-nominals; ) is a Public university, public research university in Glasgow, Scotland. Founded by papal bull in , it is the List of oldest universities in continuous ...

. 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 The Association of Corporate Treasurers (ACT) is the international professional body specialising in the profession of corporate treasury. It was founded in 1979 and was awarded a Royal Charter on 1 January 2013. It is both an examining body, pro ...

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 KPMG is a multinational professional services network, based in London, United Kingdom. As one of the Big Four accounting firms, along with Ernst & Young (EY), Deloitte, and PwC. KPMG is a network of firms in 145 countries with 275,288 emplo ...

), 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 The Most Excellent Order of the British Empire is a British order of chivalry, rewarding valuable service in a wide range of useful activities. It comprises five classes of awards across both civil and military divisions, the most senior two o ...

(CBE). Flint became group chairman of HSBC at the end of 2010. In 2014, he criticised banking regulations as "disproportionate", "unwarranted

risk aversion In economics and finance, risk aversion is the tendency of people to prefer outcomes with low uncertainty to those outcomes with high uncertainty, even if the average outcome of the latter is equal to or higher in monetary value than the more c ...

hich Ij () is a village in Golabar Rural District of the Central District in Ijrud County, Zanjan province, Iran Iran, officially the Islamic Republic of Iran (IRI) and also known as Persia, is a country in West Asia. It borders Iraq ...

threatens to restrict access to the formal financial system to many who could benefit from it". He became Chairman of IP Group in November 2018. In October 2018 it was announced that he would become the new chairman of

Standard Life Aberdeen Aberdeen Group plc, trading as aberdeen, is a United Kingdom-based investment company headquartered in Edinburgh, Scotland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The registered office of the compa ...

on 1 January 2019, succeeding Sir Gerry Grimstone. In 2023, Flint was included in a ten-member panel to advise opposition leader

Keir Starmer Sir Keir Rodney Starmer (born 2 September 1962) is a British politician and lawyer who has served as Prime Minister of the United Kingdom since 2024 and as Leader of the Labour Party (UK), Leader of the Labour Party since 2020. He previously ...

References

External links

HSBC director's profile
{{DEFAULTSORT:Flint, Douglas 1955 births Scottish chairpersons of corporations Living people Chairmen of HSBC Scottish businesspeople Scottish bankers Scottish accountants Alumni of the University of Glasgow Harvard Business School alumni British corporate directors Businesspeople from Glasgow Commanders of the Order of the British Empire Knights Bachelor Businesspeople awarded knighthoods