John Nash, Baron Nash

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The Right Honourable
The Lord Nash
Born (1949-03-22) 22 March 1949 (age 65)
Education Milton Abbey School, Dorset
Alma mater Corpus Christi College, Oxford
Occupation investor

John Alfred Stoddard Nash, Baron Nash (born 22 March 1949),[1] formerly a British businessman. Lord Nash is now Parliamentary Under Secretary of State for Schools and co-founder of the charity Future, founded in 2005. It sponsors academies.[2] He was Chair of the British Venture Capital Association (1988–89).[1] Lord Nash is on the board of the Conservative think-tank, the Centre for Policy Studies.[3] He is joint chairman of the Governors of Pimlico Academy.

Education[edit]

John Nash was educated at Milton Abbey School, a boarding independent school in the village of Milton Abbas (near Blandford Forum) in Dorset, followed by Corpus Christi College at the University of Oxford, where he read Law, and obtained an M.A.[4]

Career[edit]

After reading Law at Corpus Christi College, Oxford, Nash became a barrister before moving into finance.[5] Nash was Assistant Director of Lazard Brothers and Co Ltd (1975–1983) before moving to private equity firm Advent Limited, becoming its managing director in 1986.[1] He was co-founder of private equity firm Sovereign Capital, as well as being chair of the British Venture Capital Association from 1988 to 1989.[1] He is also the former chairman of one of the biggest contractors to the NHS, Care UK.[6] In January 2013 Nash left Sovereign Capital to pursue his political interests.[citation needed]

Political career[edit]

In January 2013 Lord Nash was appointed as schools minister.[6] He became a life peer as Baron Nash, of Ewelme in the County of Oxfordshire on 21 January 2013.[7][8] He and his wife have donated almost £300,000 to the Conservative Party and according to the Telegraph, the appointment raises concern about a potential conflict of interest and appointment of donors though the Department for Education said he would not make business decisions whilst in office.[6] In April, Labour councillors called for an inquiry after the new Pimlico primary school where Nash was co-chairman of the governors appointed an unqualified teacher as headmistress ahead of its opening in September.[9] Further criticism followed when she resigned after four weeks in the job.[10][11] In March 2014, the Conservative minister rejected the council bid for Holborn and St Pancras building a post-comprehensive school, called a "university training school', but promised only to build them in Cambridge and Birmingham.[12] .

References[edit]

  1. ^ a b c d Debrett's John Nash, Esq
  2. ^ Lord Nash
  3. ^ Centre for Policy Studies, cps board
  4. ^ John Alfred Stoddard Nash - Biography. Publisher: Debrett's People of Today. Retrieved: 15 May 2014.
  5. ^ Centre for Policy Studies, Nash
  6. ^ a b c Holly Watt, Whitehall Editor (11 January 2013). "Two major Conservative donors appointed to government". Daily Telegraph. Retrieved 11 January 2013. 
  7. ^ Lord Nash
  8. ^ New Lords
  9. ^ "Teacher training head defends Pimlico appointment". BBC news. 3 April 2013. Retrieved 18 October 2013. 
  10. ^ "Free school headmistress with no qualifications quits after four weeks". Independent newspapers. 10 October 2013. Retrieved 18 October 2013. 
  11. ^ "Pimlico free school head teacher Annaliese Briggs steps down". BBC news. 10 October 2013. Retrieved 18 October 2013. 
  12. ^ http://whereismyschool.co.uk/lord-nash-really-reject-institute-educations-bid-university-training-school/