Philip was previously a senior partner in the Deloitte UK firm. Philip retired in 2007 after being a partner for 30 years, specialising in audit, mergers and acquisitions. He was an elected member of the Deloitte UK Board of Partners and the first chairman of the firm’s Audit Committee.
During the two years 2002 to 2004, Philip had the primary responsibility for integrating the clients, partners and staff of Arthur Andersen UK (AA) into Deloitte, and chaired the board sub-committee responsible for converting Deloitte into Deloitte LLP. He was head of Quality and Risk Management for the UK audit practice of Deloitte from 2003 until his retirement from the firm in 2007.
Philip was the President of the Federation of European Accountants (FEE) during 2011 and 2012. He was also a member of the International Auditing and Assurance Standards Board Consultative Advisory Group (IAASB CAG) and the International Ethics Standards Board Consultative Advisory Group (IESBA CAG). Philip is currently a member of the Standing Advisory Group of the Public Company Accounting Oversight Board (PCAOB) in the US.
From May 2007 to April 2015, Philip was a non-executive director of Yorkshire Building Society, where he also chaired the Audit Committee. He is a seconded member of the Audit Committee of Wellcome Trust and is a non-executive director of Lakeland Limited, a retail kitchenware company based in the Lake District. He also chairs the board of governors of Cheadle Hulme School, a large independent day school in Cheshire and is a trustee of the Rugby Football Foundation, the charitable arm of the Rugby Football Union.