Douglas Lovelock
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Douglas Lovelock
Sir Douglas Arthur Lovelock, KCB (7 September 1923 – 30 July 2014) was an English civil servant and Church of England asset manager. Having entered the civil service in 1949, he served as Chairman of the Board of Customs and Excise from 1978 to 1983, and then First Church Estates Commissioner from 1983 to 1993, also chairing the Central Board of Finance of the Church of England from 1983 to 1992. He attracted controversy when it emerged that there had been a £500m fall in value in the Church of England's property portfolio in 1989–90, owing to the decision to borrow to invest in commercial property investments in the mid-1980s before the market sunk and interest rates rose.Ruth Gledhill, "Church Financial Chief Admits Investment Mistakes", ''The Times ''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper ''The ...
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Knight Companion Of The Order Of The Bath
The Most Honourable Order of the Bath is a British order of chivalry founded by George I on 18 May 1725. The name derives from the elaborate medieval ceremony for appointing a knight, which involved bathing (as a symbol of purification) as one of its elements. The knights so created were known as "Knights of the Bath". George I "erected the Knights of the Bath into a regular Military Order". He did not (as is commonly believed) revive the Order of the Bath, since it had never previously existed as an Order, in the sense of a body of knights who were governed by a set of statutes and whose numbers were replenished when vacancies occurred. The Order consists of the Sovereign (currently King Charles III), the Great Master (currently vacant) and three Classes of members: *Knight Grand Cross ( GCB) ''or'' Dame Grand Cross ( GCB) *Knight Commander ( KCB) ''or'' Dame Commander ( DCB) *Companion ( CB) Members belong to either the Civil or the Military Division.''Statutes'' 1925, art ...
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