Gerry Grimstone

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Sir Gerry Grimstone
Born
Gerald Edgar Grimstone

(1949-08-27) 27 August 1949 (age 70)[1]
Streatham, London
NationalityBritish
EducationWhitgift School
Merton College, Oxford
OccupationChairman, Standard Life
Chairman, Barclays Bank plc
Board member ofStandard Life
Barclays
Deloitte
Children3

Sir Gerald Edgar Grimstone (born 27 August 1949) is a British businessman and chairman of Barclays Bank plc. He was previously chairman of Standard Life and group deputy chairman of Barclays plc, the holding company for the Barclays Group.

Early life[edit]

Gerald Edgar Grimstone was born in August 1949,[2] in Streatham, London, the son of a carpet fitter father. Grimstone has described his father as a "working class intellectual" and a senior member of the UK Communist Party[3].[4]

He was educated at the Whitgift School, Croydon, and Merton College, Oxford, from where he received a degree in chemistry.[4][5]

Career[edit]

Grimstone worked as a civil servant from 1972-86, then as a director of Schroders from 1986-99.

Grimstone has been chairman of Standard Life (now Standard Life Aberdeen) since May 2007, deputy chairman of Barclays since January 2016, a non-executive director of Deloitte and the lead non-executive director at the Ministry of Defence.[6][7][8][9]

In October 2018, it was announced that he would step down as chairman of Standard Life Aberdeen on 1 January 2019 to be succeeded by Sir Douglas Flint[10].

Honours[edit]

Grimstone was knighted in 2014.

Personal life[edit]

Grimstone is divorced, and has three children.[5]

References[edit]

  1. ^ Dey, Ian (25 November 2012). "Dad was a communist, I sold state's silver for Thatcher". The Sunday Times. Retrieved 7 September 2018.
  2. ^ "Gerald Edgar GRIMSTONE - Personal Appointments (free information from Companies House)". Beta.companieshouse.gov.uk. Retrieved 2016-08-09.
  3. ^ https://www.youtube.com/watch?v=ZDKlX7DhLoI
  4. ^ a b Watkins, Simon. "Will Maggie's mastermind of sell-offs be the next boss of Lloyds?". This is Money. Retrieved 2016-08-09.
  5. ^ a b Hello (2008-05-16). "Saturday Profile: Gerry Grimstone". The Scotsman. Retrieved 2016-08-09.
  6. ^ "Board Of Directors". Standardlife.com. Retrieved 19 April 2016.
  7. ^ "Barclays - Barclays PLC: Sir Gerry Grimstone appointed as a Director to succeed Sir Michael Rake as Senior Independent Director and Deputy Chairman - EDF Media Centre". Newsroom.barclays.com. Retrieved 19 April 2016.
  8. ^ "Barclays names Sir Gerry Grimstone as deputy chairman". Telegraph.co.uk. 9 November 2015. Retrieved 19 April 2016.
  9. ^ "Gerry Grimstone". Deloitte United Kingdom. Retrieved 19 April 2016.
  10. ^ "New era for Standard Life Aberdeen as City grandee Douglas Flint takes the chair". The Telegraph.