Leading business and financial adviser Grant Thornton UK LLP has appointed David Hitchcock as Chairman of UK Banking. The new role, which forms part of the firm's Financial Services Group senior leadership team, will see Hitchcock overseeing Grant Thornton's services to the UK banking sector, along with informing the firm's wider financial services market strategy.
Hitchcock joins Grant Thornton having spent the last 17 years at JP Morgan, where he managed all of its relationships in Europe with the biggest asset managers and hedge funds across the Investment Bank and Asset Servicing businesses. A Cambridge Boxing Blue, Hitchcock also served as a Captain in the Brigade of Gurkhas before joining Goldman Sachs in 1992.
Commenting on the appointment, Peter Allen, Partner and Head of Financial Services at Grant Thornton UK LLP, said: "Financial services firms, now more than ever, need partners who offer the skills to navigate today's challenges and foresight to plan for tomorrow's. By bringing industry heavyweights like David on board, our UK banking team is in an even stronger position to help our clients realise their potential."
Hitchcock added: "Grant Thornton has an excellent reputation and a talented team. I look forward to building on the current strong momentum and reinforcing Grant Thornton's position as one of the leading professional services firms working with the banking sector."
Hitchcock joins with immediate effect, and will be based at Grant Thornton's Finsbury Square offices in London.