A former Conservative Party deputy chairman has been appointed non-executive chairman at Tenet Group.
Lord Hodgson of Astley Abbotts was a front-bench spokesman on trade and industry from 2003 to 2006 and deputy chairman from 1997 to 2000.
In 1979, he started Granville, a specialist investment banking business which was sold to a US investment bank in 1999. He has also been a director of Staffordshire Building Society, founding chairman of Nova Capital Group and a director of Marstons.
He was appointed by the Bank of England as a founder director of SIB. He later became a director of the Securities and Futures Authority, acting as chairman of its finance and audit committee and deputy chairman of its enforcement committee.
Hodgson says: “Tenet Group aims to set standards for others to follow and I am much looking forward to helping it achieve its strategic objectives.”