Career
Hester began his career in 1982 with Credit Suisse, where he started as chairman’s assistant. In 1996 he was appointed to the executive board. Hester held the position of Chief Financial Officer and Head of Support Division, until May 2000. From May 2000 to September 2001, he was Head of Fixed Income Division.
In May 2002 he joined Abbey National as Finance Director. He then went on to become Chief Operating Officer, a position he held until November 2004, when he was appointed Chief Executive of British Land. In early 2007, eight months before British Land and other REIT's were caught in the commercial property slump, he said: "I don't believe we are about to see a market decline, but the period of sharp growth is over."
Hester was appointed non-executive deputy chairman of the newly-nationalised Northern Rock by Chancellor of the Exchequer Alistair Darling in March 2008, a role which he resigned from in September 2008 to take a non-executive position on the board of Royal Bank of Scotland.
Read more about this topic: Stephen Hester
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