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Peter Hickman breaks links with HBOS

Hickman spent eight years in a variety of senior finance roles at Ernst
& Young, latterly as partner in its financial services division. He replaces
Nick Heywood-Waddington who left the company at the end of last year to become
chief operating officer for Europe, the Middle East and Africa at law firm White
& Case. Hickman is also non-executive director at industrial fabrics
manufacturer Fiberweb.

Stephen King leaves De La Rue as group FD and executive director at the end
of March, replaced by Simon Webb who joins from kitchen equipment group Enodis,
where he was deputy CFO. King, who started his career at Coopers & Lybrand,
was with De La Rue for more than six years and also served in various senior
finance roles at Paxar Europe and British American Tobacco.

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