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词条 Peter Burt
释义

  1. Early life

  2. Bank of Scotland

  3. Other work

  4. References

{{Use dmy dates|date=March 2017}}{{Use British English|date=March 2017}}

Sir Peter Alexander Burt FRSE (6 March 1944 – 28 November 2017)[1] was a Scottish businessman, former Chief Executive and later Governor of the Bank of Scotland.

Early life

Burt was born in 1944 in East Africa, and educated in Scotland. He graduated from the University of St Andrews and the University of Pennsylvania's Wharton School and later worked in the computer industry in California and Scotland.[2]

Bank of Scotland

Burt joined the Bank of Scotland in 1975, working in the international and oil and energy department. He rose to become head of the international division in 1985, treasurer and chief general manager in 1988 and eventually Chief Executive in 1996.[3]

The main events of his stewardship were the failed takeover bid for the NatWest Bank and the merger with Halifax plc to form HBOS. Following the merger, he served as Deputy Chairman of HBOS and Governor of the Bank of Scotland, (a largely ceremonial role) from 2001 to 2003, and left the board afterwards.

By September 2008 HBOS was revealed to be in a poor financial condition and word broke of advanced merger talks with Lloyds TSB, the reports were later confirmed.[4] In light of this development, news surfaced on 8 November of a letter from Burt and his contemporary Sir George Mathewson to HBOS Chairman Lord Stevenson. The letter recommended the immediate resignation of Lord Stevenson and HBOS Chief Executive Andy Hornby. The letter explained that the roles of Chairman and Chief Executive would be filled by Mathewson and Burt respectively and that HBOS would continue to trade as an independent bank majority owned by The Treasury.[5] However the proposal was rejected by the bank in a swift response by Lord Stevenson and failed to win the endorsement of the UK Government The proposal was withdrawn on 20 November 2008.[6]

Other work

In 2004, he was appointed Chairman of ITV plc. He also served as a non-executive director of Royal Dutch Shell until 2006, Chairman of Dyslexia Scotland and on the boards of a number of charities.[7]

References

1. ^Obituary - Sir Peter Burt, former head of Bank of Scotland and ITV
2. ^[https://web.archive.org/web/20070812152327/http://www.localgovernmentfinancereview.org/news/news.aspx Local Government Finance Review- "Local Government Finance Review Team Named"]
3. ^Scotsman- Burt steps down at HBOS
4. ^ 
5. ^ 
6. ^ 
7. ^Times Online- Sir Peter Burt
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14 : 1944 births|2017 deaths|British bankers|British chief executives|British chairmen of corporations|Businesspeople awarded knighthoods|Governors of the Bank of Scotland|Alumni of the University of St Andrews|Wharton School of the University of Pennsylvania alumni|Knights Bachelor|People educated at Merchiston Castle School|20th-century Scottish businesspeople|21st-century Scottish businesspeople|Fellows of the Royal Society of Edinburgh

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