FINANCE NEWS: Investment banker Forrest to join YHA as finance director

The former director of investment bank Dresdner Kleinwort Wasserstein has joined YHA as its new finance director.

Mike Forrest, who also worked for accountants Deloitte & Touche, took up the post at the charity's Derbyshire headquarters at the beginning of this week. He succeeds former finance director Bob Joliffe who retired earlier this year.

Forrest, a member of YHA since the age of 14, commented: "I'm really excited at the prospect of joining the YHA at such a key moment in its development. Hostelling has always been an important part of my life and I feel privileged to have the opportunity to give something back, hopefully helping to shape a dynamic future for such a worthwhile organisation," he commented.

Over the past year, Forrest has also been giving financial advice to the charity Active Training and Education, which runs residential holidays for children.

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