Coutts & Co
The Board of Coutts & Co is the principal decision-making forum for the company. It has overall responsibility for leading and controlling the company, and is accountable for its financial and operational performance.close
Lord Waldegrave of North Hill
Lord Waldegrave was educated at Eton College, Corpus Christi College, Oxford and Harvard. Having worked in the Central Policy Review Staff in the Cabinet Office between 1971 and 1973, he became Political Secretary to the Prime Minister, Edward Heath. After a spell working in industry for GEC Ltd, he was elected to the House of Commons as Member of Parliament for Bristol West in 1979. He was made a Minister in 1981, and served continuously until 1997, including terms as Minister of State at the Department of the Environment, and at the Foreign Office. At Cabinet level he served as Secretary of State for Health, Chancellor of the Duchy of Lancaster, Minister of Agriculture, and Chief Secretary to the Treasury.
After losing his Commons seat in 1997, Lord Waldegrave entered the House of Lords as Baron Waldegrave of North Hill. From 1997 he worked successively at Dresdner Kleinwort Benson and UBS, and held non-executive posts at the Bank of Ireland (UK) plc and Fleming Family and Partners. He is currently Provost of Eton College, Chairman of Biotech Growth Trust plc, and Chairman of the Royal Mint Advisory Committee. He owns a dairy farming business in Somerset, Waldegrave Farms Ltd, and is Chairman of the antiquarian bookseller, Henry Sotheran & Co. He is married to Caroline Waldegrave, cookery writer and co-founder of Leith’s School of Food and Wine. They have four children.
Michael joined Coutts & Co as Chief Executive in 2009.
Before joining Coutts, Michael was Head of International Private Banking at Barclays Wealth and CEO of Barclays Switzerland. Michael also spent eight years with Merrill Lynch, becoming Managing Director and Director of Private Wealth Services for Europe and the Middle East.
Michael is a World Fellow of the Duke of Edinburgh’s Award and a Director of Forces in Mind Trust, a charity dedicated to helping Service personnel make a successful transition to civilian life. He is a Board Director of Walpole British Luxury and in 2014 became a founding member of the China Advisory Council of the Judge Business School, University of Cambridge.
Michael is married to a Spaniard, has two sons and studied Modern and Medieval Languages at Christ's College, Cambridge.
Brian joined Coutts & Co as Finance Director in 2014.
Before joining Coutts, Brian worked at RBS for four years, most recently as Global Head of Capital Planning. He has also held senior finance roles at Nationwide, AXA, Vodafone and National Power. Brian is a Non-Executive Director for the principal financing companies of East Thames Group, sustaining the 2012 legacy through social housing on the Olympic Park, and numerous other developments across east London. Brian is married with three children.
Francesca joined Coutts & Co as Non-Executive Director in 2012.
Francesca holds a BA Hons (Oxon) in Geography from St Hugh’s College, Oxford. She has previously held a number of senior roles within UBS Investment Bank, including Global Head of Private Equity, Global Risk Manager; Head of Strategy and Development and Chair of the UBS Investment Bank Development Board.
Francesca currently holds a number of advisory roles, including as a Non-Executive Director at Capvis GP, a Swiss and German Private Equity business; as Chair of Governors of the Bridge Academy in Hackney and as Chair of Trustees for Penny Brohn Cancer Care.
Mark joined Coutts & Co as Non-Executive Director in 2015.
Mark Lund has almost 30 years' experience in the financial services sector and has operated at Director/CEO level for the last 15 years in both plc and private businesses in the UK and internationally. He is a former CEO of St James’s Place plc and has also had a spell on secondment as the CEO of Virgin Direct. Prior to this he was a Director of Henderson Investors plc.
In 2012, Mark was appointed by the Cabinet Office to chair the employee benefit trust of My CSP Ltd. He also sits on the main board of My CSP, which is responsible for administering pensions payments to more than 1.5 million UK public sector employees. In addition, Mark is the Vice Chairman at British Ski and Snowboard Ltd, the national governing body for elite snowsports athletes; Non-Executive Director of Skipton Building Society’s financial advice business and Chairman of Equiniti’s regulated financial services businesses.
Mark has a Masters degree in Transport Economics from the University of Leeds. He is a Chartered Fellow of the Chartered Institute for Securities & Investment. Married with three children, he is a keen cyclist and skier.