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Lord Gerry Grimstone
Lord Grimstone of Boscobel KtLord Gerry Grimstone served as the UK’s Minister for Investment from 2020-2022 responsible for inward investment into the U.K. and for the U.K.’s relationships with major global investors.
Before entering politics, Lord Gerry had an extensive business career including serving on boards in the Gulf, India and China. He is the immediate past Chairman of Barclays Bank plc and also of Standard Life Aberdeen, the UK’s largest savings and investments business.
From 2012-2015, Lord Gerry served as the Chairman of TheCityUK, the representative body for the financial and professional services industry in the UK. He was a member of HM Treasury's Financial Services Trade and Investment Board.
In the Gulf, Lord Gerry was the Board Adviser to the Abu Dhabi Commercial Bank. He also sat on the Board of Investcorp, a leading global provider and manager of alternative investment products headquartered in Bahrain. He chaired Aberdeen Standard Investcorp Infrastructure Partners which invests in social and core infrastructure projects in Gulf Co-operation Council countries. In Saudi Arabia, he led, for the Prime Minister and the Crown Prince, the private sector group advising the Kingdom on corporatisation and privatisation. He presently co-chairs the UK-Oman Strategic Advisory Group for Her Majesty’s Government and serves on Equilibrium Gulf’s International Advisory Board which advises the Bahraini Economic Development Board on various matters.
He was previously a senior investment banker at Schroders and ran major businesses in London, New York and Asia Pacific. He specialised in mergers and acquisitions and capital-raising for major companies worldwide. Prior to that, he was an official in HM Treasury where he was responsible for privatisation and policy towards state-owned enterprises.
Lord Grimstone of Boscobel was knighted in 2014 for public service, particularly to Defence and Business.