11 Facts About Philip Hampton

1.

Sir Philip Roy Hampton was born on 5 October 1953 and is a British businessman.

2.

Philip Hampton was the first chairman of UK Financial Investments Limited in 2008 and chairman of government-owned The Royal Bank of Scotland Group between 2009 and 2015.

3.

Philip Hampton took an MBA from INSEAD from 1980 to 1981, and returned to join Lazards investment bank for nine years.

4.

Since then Philip Hampton has been finance director at a number of companies:.

5.

Philip Hampton was appointed chairman of J Sainsbury plc, parent company of the Sainsbury's chain of supermarkets, on 19 July 2004.

6.

Philip Hampton's appointment came at a significant time for the retailer; Sir Peter Davis had been forced out as chairman by shareholders due to an extremely generous bonus package despite his dubious performance as chairman and previously as CEO, another shareholder revolt in February 2004 had caused the company to abandon the appointment of Sir Ian Prosser as chairman and Justin King had been appointed chief executive in March 2004.

7.

Philip Hampton was described by then BBC Business Editor Jeff Randall as "a well-respected City figure" and a "safe pair of hands".

8.

On 3 November 2008, the government created UK Financial Investments Limited, and Philip Hampton was appointed as its first chairman.

9.

Philip Hampton was set up to manage the UK government's shareholding in banks, which it had gained from banks subscribing to its recapitalisation fund during the 2008 financial crisis.

10.

Philip Hampton resigned to join Royal Bank of Scotland as deputy chairman on 19 January 2009 and was promoted to chairman on 3 February the same year.

11.

Philip Hampton stayed at RBS until September 2015, joining GlaxoSmithKline until August 2019.