Rupert Pennant-Rea
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Rupert Pennant-Rea | |
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Born | Rupert Lascelles Pennant-Rea 23 January 1948 |
Nationality | British |
Education | Peterhouse Boys' School |
Alma mater |
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Occupation | Economist, businessman, journalist |
Spouse(s) | Helen Jay Cinzia De Santis |
Children | 4 |
Parent(s) |
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Rupert Lascelles Pennant-Rea (born 23 January 1948) is a British businessman, journalist, and former Deputy Governor of the Bank of England. He was Editor and later Chairman of The Economist Group.
Early life[]
The son of Peter Athelwold and Pauline Pennant-Rea, he was educated at the Peterhouse Boys' School, an Anglican church boarding school near Marandellas, Rhodesia (now Marondera, Zimbabwe),[citation needed] before attending Trinity College, Dublin,[1] and Manchester University,[1] where he received his MA degree. He has been married several times,[2] and has three children and one step-daughter. At one time his wife was Helen Jay, one of the twin daughters of Labour Party politician Douglas Jay.[3]
Career[]
Pennant-Rea joined the Bank of England in 1973 and remained until 1977, when he left to work for The Economist magazine.[1] He was the magazine's editor from 1986 until 1993.[4] Between 1993 and 1995, he again joined the Bank of England as Deputy Governor of the bank, under the governorship of Edward George;[1] he resigned following reports of an extramarital affair with Mary Ellen Synon, whom he had met at Trinity College, Dublin.[2]
In 1994 he became a member of the influential Washington-based financial advisory body, the Group of Thirty.
In 1995 he became a director of a Canadian mining company, Sherritt International.[citation needed]. In March 1996, he was banned from the USA (along with his wife at the time and under-age children) because of Sherritt's commercial interests in Cuba, under the terms of the USA's Helms-Burton Act.[citation needed].
Pennant-Rea was chairman of British company The Stationery Office following its privatisation in 1996.[5] He was a British American Tobacco director from 1998 to 2007.[citation needed] He was also Chairman of Henderson Group and a non-executive director of Go-Ahead Group, a transport company, First Quantum and Gold Fields, both mining companies.
In July 2009, Pennant-Rea was appointed non-executive chairman of The Economist Group, having served as a non-executive director since August 2006.[citation needed]. In July 2018, after nine years, he was succeeded by Paul Deighton. He was Chairman of Royal London,[6] Chairman of PGI, an agriculture company. He was a National Independent director of Times Newspapers.[7] Pennant-Rea recently became Chairman of a start-up, Learning with Experts https://www.learningwithexperts.com/, focused on life-long learning, CloudCycle https://www.cloudcycle.com/ and Origen Power https://www.origenpower.com/
In the non-profit sector, Pennant-Rea is a trustee of the Marjorie Deane Foundation, Chairman of Healing Venezuela.[8]the Wincott Foundation. He was a trustee of Speakers Trust,[9] the UK's leading public-speaking training charity and Chairman of the Shakespeare Schools Festival. Pennant-Rea has written a series of books about economics and a novel, Gold Foil.[citation needed]
References[]
- ^ Jump up to: a b c d "Rupert Pennant Rea". The Times. 5 May 2003. Retrieved 3 December 2018.
- ^ Jump up to: a b Angela Lambert & Vicky Ward (23 October 2011). "A thoroughly modern mistress". The Independent. Retrieved 15 February 2021.
- ^ Lesley Garner (26 March 1995). "Twin faces of a fast decade". The Independent. Retrieved 15 February 2021.
- ^ Tryhorn, Chris (22 June 2009). "Job cuts help lift Economist Group profits". The Guardian. Retrieved 13 May 2011.
- ^ Harrison, Michael (9 April 1999). "Stationery Office chiefs set for pounds 13m windfall". The Independent. Retrieved 3 December 2018.
- ^ "Royal London Announces New Chairman". London: Royal London. 13 December 2012. Retrieved 5 February 2014.
- ^ Greenslade, Roy (2 March 2011). "Another Murdoch joins The Times board - with a retired spy". The Guardian. Retrieved 13 May 2011.
- ^ "Healing Venezuela a UK registered charity founded to alleviate the health crisis in Venezuela". Healing Venezuela. Retrieved 12 December 2018.
- ^ Our Trustees
- Alumni of Peterhouse Boys' School
- Alumni of Trinity College Dublin
- Alumni of the University of Manchester
- British male journalists
- People associated with the Bank of England
- The Economist editors
- 1948 births
- Living people
- Deputy Governors of the Bank of England