HMRC’s head of strategy leaves for Bank of England job

Nick Lodge, director general of HMRC’s strategy group, has taken up a new position with the Bank of England, after a 28-year career with the tax authority

He will be in charge of a major Bank of England transformation project as programme director of the real time gross settlement renewal programme.

Lodge was first appointed to HMRC’s executive committee in 2012 as director general for benefits and credits, and was formally appointed an HMRC commissioner in the same year. He has since led transformation before taking up the new strategy group leadership.

Jon Thompson, HMRC chief executive, said: ‘Nick has given a huge amount to this department from its inception to now, leading major change and operational programmes, and providing strong leadership within the executive committee and board. I wish Nick well in his new opportunity and for the future.’

Lodge joined what was then the Inland Revenue in 1990 after ten years in retail banking. He worked in policy for three years and had spells in the Treasury and the Cabinet Office before returning to a series of management and project jobs and then beginning his move to the senior executive.

Lodge said: ‘I’m excited to be joining the Bank of England, leading a major programme at the heart of the UK’s financial infrastructure. It’s a great role that I’m really looking forward to and that brings me back to banking, where I began my career.

‘I’ve loved my time in HMRC. I’ve been very fortunate to have worked with great people, as part of some brilliant teams and in a wide range of different areas. I have every confidence HMRC will continue to deliver.’

HMRC said interim arrangements for filling Lodge’s current role will be announced shortly.

Report by Pat Sweet

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