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Alexander Park Leitch, Baron Leitch (born 20 October 1947) is Group Chairman of
FNZ FNZ (also known as Finatik N Zac) are Grammy award-winning Australian record production and songwriting duo composed of Michael "Finatik" Mule and Isaac "Zac" De Boni. Production credits Notes * signifies songwriting credit only Refere ...
, a global wealth management technology platform, and is a
British Labour The Labour Party is a political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists and trade unionists. The Labour Party sits on the centre-left of the political spectrum. In all gene ...
peer.


Biography

Leitch was born in 1947. He was educated at
Dunfermline High School Dunfermline High School is one of four main high schools located in Dunfermline, Fife, Scotland. The school also caters for pupils from Kincardine, Rosyth and surrounding villages. The school was founded in 1468. Today it has over 1,550 pupils. ...
and was offered a place to read chemistry at university at just 16 years of age. However, he turned his place down and instead headed to London to work in the IT department of an insurance company. In 1965, Sandy started his career as a computer programmer, writing the first ever UK life assurance ‘search engine’ program in 1967. He remained in the insurance industry throughout his early career, rising to become Chief Executive of Allied Dunbar, Executive Chair of Eagle Star and Threadneedle Asset Management before they were eventually merged with
Zurich Financial Services Zurich Insurance Group Ltd is a Swiss insurance company, headquartered in Zürich, and the country's largest insurer. As of 2021, the group is the world's 112th largest public company according to ''Forbes'' Global 2000s list, and in 2011 it ran ...
in 1998. He was then appointed as a Chief Executive of Zurich Financial Services. He retired in 2004. Leitch became a
life peer In the United Kingdom, life peers are appointed members of the peerage whose titles cannot be inherited, in contrast to hereditary peers. In modern times, life peerages, always created at the rank of baron, are created under the Life Peerages ...
as Baron Leitch, of Oakley in Fife on 7 June 2004 having demonstrated his commitment to public service as chair of the National Employment Panel for over six years. He authored the Leitch Review of Skills which was published on 5 December 2006. The objective of the review was "to identify the UK's optimal skills mix for 2020 to maximise economic growth, productivity and social justice, set out the balance of responsibility for achieving that skills profile and consider the policy framework required to support it." In 2017 he set up th
‘What Is More?’ Foundation
to encourage spiritual and multi-faith debate. He also became a patron of the Stroke Association and the Medical Aid Films Charity where he was formerly founding Chairman. He is a firm campaigner and champion for employee volunteering and workplace diversity. He is also a passionate supporter of organisations that aim to make a positive difference across a wide range of areas. Lord Leitch was Deputy Chair of Business in the Community and has received the Prince of Wales Ambassador award for charity work.


Career

Leitch is currently Group Chairman at
FNZ FNZ (also known as Finatik N Zac) are Grammy award-winning Australian record production and songwriting duo composed of Michael "Finatik" Mule and Isaac "Zac" De Boni. Production credits Notes * signifies songwriting credit only Refere ...
, the global wealth management technology platform which partners with over 800 financial institutions and 8,000 wealth management firms. He was appointed to this role in 2013, and has seen the company’s market value grow from $200 million to $20 billion over his tenure. Leitch was previously founder and Chairman of Intrinsic Financial Services. Additionally, he was chairman at Scottish Widows plc, deputy chairman at Lloyds Banking Group plc, and on the Board of Old Mutual Wealth. He was a Trustee of the Lloyds Banking Group Charitable Foundation. He was Chancellor of Carnegie College, chairman of a new think tank called ‘The Centre for Modern Families’ and strategic adviser to a Prince of Wales charity called PRIME. His past roles include: * BUPA (2007-2018) - Chairman of BUPA, the global healthcare company. * Lloyds Banking Group plc (2005–2012) – a board member with a variety of roles including Chairman of Scottish Widows plc, LBG Risk Oversight Committee Chair, LBG senior independent director and finally as LBG deputy chair. * Paternoster UK Ltd (2006–2010) – non-executive director for four years before selling the company to Goldman Sachs. * Chair and chief executive, Zurich Financial Services UK, Ireland, South Africa and Asia Pacific. * Chair of the Association of British Insurers. * United Business Media plc (2005–2007) – non-executive director and senior independent director. * Medical Aid Films – Founding Chair of infant and maternal mortality charity. * Trustee of National Galleries of Scotland. * National Portrait Gallery of Scotland – chaired the raising of £17 million of funds to refurbish the gallery. * Chair of Stonar School in Wiltshire. * Trustee of the Philharmonia Orchestra. * Deputy Chair of the Commonwealth Education Fund.


Relationship with Gordon Brown

Leitch is described as a "confidante" of
Gordon Brown James Gordon Brown (born 20 February 1951) is a British former politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party (UK), Leader of the Labour Party from 2007 to 2010. He previously served as Chance ...
. Gordon Brown once commented, “Many people who have not had the privilege of knowing Sandy and many people who may not even know his name, have led more fulfilled lives as a result of all he has done and achieved.”


Personal life

He is married to Noelle (a USA and Swiss citizen). He has three daughters from his first marriage, and a young daughter and two sons from his second. He is a keen follower of his local Scottish football team
Dunfermline Athletic Dunfermline Athletic Football Club is a Scottish football club based in the city of Dunfermline, Fife. Founded in 1885, the club currently play in Scottish League One after being relegated from the 2021–22 Scottish Championship. Dunfermline ...
. He collects antiquarian books, Scottish art and antiques. He writes and paints as an amateur. He continues to explore spirituality. He is a Freeman of the City of London. He has an honorary doctorate in business administration and a fellowship from Carnegie College.


Titles and honours

* Mr Alexander Leitch (1947–2004) * The Right Honourable The Lord Leitch (2004 – )


Notes


References



{{DEFAULTSORT:Leitch, Alexander 1947 births Living people Nobility from Fife Labour Party (UK) life peers Scottish chief executives Scottish chairpersons of corporations People educated at Dunfermline High School Life peers created by Elizabeth II 20th-century Scottish businesspeople 21st-century Scottish businesspeople