LONDON, June 9, 2014 – Lord Davies of Abersoch today joined Teneo as a Vice Chairman based in London. He is currently partner and Vice Chairman of Corsair Capital, a private equity firm specialising in financial services. He is also Non-Executive Chairman of PineBridge Investments Limited, the Senior Independent Director at Diageo, Chair of the Advisory Board of Moelis & Co, and Non-Executive Chairman of NoteMachine Group Holdings Limited. He was also recently appointed Chairman of fashion retailer Jack Wills.
Lord Davies was Minister for Trade, Investment and Small Business, and Infrastructure from January 2009 until May 2010.
Prior to this appointment, he was Chairman of Standard Chartered PLC from November 2006. He joined the Board of Standard Chartered plc in December 1997 and was Group Chief Executive from November 2001 until 2006.
Lord Davies is the Chair of the Council of Bangor University and Chairman of the Trustees of the Royal Academy Trust. He is a Director of Glyndebourne Productions Ltd, and chairs the UK ASEAN Business Council. Lord Davies also recently chaired a public review of the role of Women on Boards.
He was awarded a CBE for his services to the financial sector and the community in Hong Kong in June 2002 where he served as a member of the HK Exchange fund for seven years.
Lord Davies is married with two children and is a fluent Welsh speaker.