Date: May 7, 2008

Travelex, the world’s foreign exchange and business payments specialist, today announces the appointment of Phil Hodkinson as a Non Executive Director and Chairman of its Audit Committee.

Until recently Phil Hodkinson, aged 49, was Group Finance Director of HBOS plc and Chairman of Insight Investment, having previously worked as CEO of Zurich Financial Services UK Life and as a consulting actuary. He is also a Non Executive Director of BT Group plc, where he chairs the Audit Committee, a Trustee of Christian Aid and an adviser to HM Revenue & Customs.

Lloyd Dorfman, Chairman, said: “We are delighted to welcome Phil Hodkinson to Travelex and the Group Board. The wealth of experience and business knowledge that Phil brings with him will be invaluable and we all look forward to working with him.”

Phil Hodkinson said: “I have watched the growth of Travelex with a keen interest over the last decade. Travelex is a world-class brand and I am pleased to be joining at such an exciting time in the company’s development.”

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For further information: 

Richard Stephenson
Smithfield Consultants
020 7903 0633 / 07970 623864
[email protected] 
Paddy Earnshaw
020 7400 4000 / 07769 643252
[email protected] 


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