21 September 2006
John Durrell has become HBOS's new head of procurement. Durrell, who was previously responsible for IT spend as head of the global technology sourcing team at Barclays, joined on 29 August.
Durrell left Barclays last November following an overhaul and a host of new appointments at the bank.
As head of procurement at HBOS, Durrell is responsible for all third-party spend across all categories for the group.SM
understands his appointment is in line with an emphasis on improved performance across HBOS and the wider part that procurement can play.
Durrell's new role is thought to be an expanded version of the position held by Ian Taylor, now commercial director at the Department for Education and Skills. The former CIPS president was previously head of group procurement at HBOS.
Taylor left the bank last year to lead the Centre for Procurement Performance, which was set up to help education bodies improve their purchasing.
A number of staff are understood to have occupied the role since Taylor's departure, including an internal appointee and an interim.