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The Coutts

Foundation Board

The Board of the Coutts Foundation includes our own staff and other highly experienced individuals who strongly identify with its mission. The Board is supported by a team from Coutts, who manage its governance and grant-making operations.Close

Chair

Lord Waldegrave 

Lord Waldegrave became Chairman of Coutts & Co on 1st January 2014. He was educated at Eton College, Corpus Christi College, Oxford and Harvard. Having worked in the Central Policy Review Staff in the Cabinet Office from 1971-3, 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, he entered the House of Lords as Baron Waldegrave of North Hill. Before joining Coutts in 2013, he worked successively at Dresdner Kleinwort Benson and UBS, and held non-executive posts at 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.

His charitable work has included a spell as the joint Chairman of the Bristol Cathedral Trust; the Rhodes Trust; and the Science Museum. He was a Trustee of the Mandela Rhodes Foundation; and is now a Trustee of Cumberland Lodge. 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.

Peter Flavel 

Peter joined Coutts as Chief Executive in 2016.

Before joining Coutts, Peter was Chief Executive Officer of J.P. Morgan Private Wealth Management, responsible for overseeing and expanding the high net worth business and client base in Asia Pacific. He was a member of the Wealth Management Global Operating Committee. Peter also spent nine years with Standard Chartered, establishing their Global Private Bank in 2006.

In 2012 he was named Outstanding Private Banker - Asia Pacific by PBI. Most recently he was voted 'Best Leader in Private Banking 2015' at the PWM/The Banker Global Private Banking Awards.

Peter holds degrees in Law and Economics and has attended the Advanced Management Programme at both Harvard Business School and the University of Oxford.

Lord Geidt

Private Secretary to The Queen between 2007-2017

Camilla Stowell

Camilla joined Coutts Private Office in 2007 with a mandate to manage a portfolio of Ultra High Net Worth clients. She has built an impressive 20 years' plus experience in the wealth management industry, previously in client management roles at Lloyds Private Banking, Drummonds, and Schroders Private Bank. In May 2015 she was appointed Managing Director of Coutts International, Coutts Crown Dependencies, and Coutts Private Office. In April 2017 Camilla took an expanded role of Head of Wealth & Investment Management overseeing the management of the businesses, driving strategic and propositional developments. She is a member of the Private Banking Executive Committee and co-chairs the Coutts Diversity & Inclusion Council. Camilla won Private Banker International "Outstanding Young Private Banker" 2012. She has a BA Hons Philosophy & Politics Durham University and the Securities Institute Diploma.

Linda Yueh

Dr. Linda Yueh is Fellow in Economics at St Edmund Hall, Oxford University, Adjunct Professor of Economics at the London Business School, and Visiting Professor at the London School of Economics and Political Science IDEAS centre. She was Visiting Professor of Economics at Peking University and serves on the Policy Committee of the Centre for Economic Performance at the LSE.

Dr. Yueh is Chair of The Royal Commonwealth Society, a Trustee of Malaria No More UK, a Non-Executive Director of the FTSE-100 company, Rentokil Initial, and was a NED of the FTSE-listed companies, JPMorgan Asian Investment Trust and Baillie Gifford's Scottish Mortgage Investment Trust. She was previously Co-Chair of the Global Cities Business Alliance and Board Member of London & Partners, the official promotion body of London. Previously, she was Chief Business Correspondent at the BBC and Economics Editor at Bloomberg TV, as well as an attorney at Paul, Weiss, Rifkind, Wharton & Garrison.

She is a widely published author and her latest book is The Great Economists: How Their Ideas Can Help Us Today.

Alison Rose

Alison Rose heads the Commercial and Private Banking business for RBS and was appointed to the Executive Committee on 27 February 2014. She has worked with the bank for over 20 years, most recently as Head of EMEA, Markets and International Banking, and Head of International Banking, EMEA, where she was responsible for the Europe, Middle East and Africa business, including client relationship management across the region.

Her previous roles with RBS include Head of EMEA Corporate Coverage & Client Management, Head of Non–investment Grade Origination and Head of Leveraged Finance for the UK and Europe. She is also a passionate supporter of diversity and until recently was Executive Sponsor of Diversity & Inclusion for Markets and International Banking.

Thom Kenrick

Thom Kenrick is Head of Community Programmes at RBS. Thom leads RBS’s strategy for supporting and engaging with its communities. His team is responsible for all the Bank's community programmes and partnerships, as well as leading and coordinating the RBS staff and customer-facing grants/giving, volunteering and fundraising initiatives.

Thom is a Trustee of RBS Social & Community Capital, an independent social finance charity which lends money to community businesses and social enterprises. He is also a Director of The Melting Pot, an Edinburgh social enterprise that aims to stimulate and support social innovation. Thom holds a First Class Master's degree in Chemical Engineering & European Studies from the University of Edinburgh. Prior to joining RBS, he worked for Unilever on supply chain projects in various parts of the world. He is a Fellow of the RSA. Thom lives in Edinburgh with his wife, who is a General Practitioner, and young family.

Rachel Harrington

Rachel joined Coutts in 2011, having previously worked in the non-profit sector for several years. As a specialist adviser in the Coutts Institute, she works with clients across the UK to develop their family strategies for wealth, prepare the next generation for the opportunities and responsibilities of wealth, and create philanthropy strategies that are effective and rewarding. She has a particular interest in Diversity and Inclusion and has previously chaired the Coutts Women's Network and Diversity and Inclusion Council.

Rachel holds a BA (Hons) in Modern History and English from the University of Oxford. She is also a Trustee of Breaking Barriers, a charity that supports refugees into employment, and is a member of the Advisory Board of the Environmental Funders Network. Rachel has previously held trustee roles at Philanthropy Impact and the British Youth Council.

Rachel oversees the operations of the Coutts Foundation alongside our administrator, Gerald Child, and company secretary, Ralph Ricks.

Francesca Barnes

Francesca joined Coutts as a non-executive director in 2012.

Francesca retired in 2008 from a 27 year career in finance. She held a number of senior roles within UBS Investment Bank including Global Head of Private Equity; Head of Strategy and Development; Global Loan Portfolio Manager and Chair of the UBSIB Development Board. Francesca started her career at Chase Manhattan Bank which she left in 1991 for an 18 month leave of absence to travel extensively.

Francesca now pursues a portfolio in both the commercial and voluntary sectors. She is an independent non-executive director of NatWest Holdings Limited and the ring-fenced banks including Coutts and Company; Harbourvest Global Private Equity and Capvis Private Equity. She has been Chair of Trustees of Penny Brohn UK (cancer care charity) and Chair of Governors of each of the Henrietta Barnett School and the Bridge Academy, Hackney and is now a council member of the University of Southampton.

Francesca holds a BA Hons (Oxon) in Geography from St Hugh's College, Oxford.

Laura Lines

Laura is a Grants Manager at the Esmee Fairbairn Foundation, one of the largest independent grant-makers in the UK spending £40.5 million a year towards a wide range of work within the arts, children and young people, the environment and social change.

Laura's specialist area is social justice with an emphasis on gender equality, refugee and migration and criminal justice. She co-convenes the Association of Charitable Foundation's network on criminal justice and is also a Trustee of Safe Ground, which empowers people to change, reduce reoffending and build stronger communities.

The advisor and support staff structure at the Coutts Foundation is changing.  This page will be updated once this process has been completed.