Sir Laurence Henry Philip Magnus, 3rd Baronet,
CBE
The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations,
and public service outside the civil service. It was established o ...
(born September 1955) is a British executive who has worked as a financier in the
City of London
The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London fr ...
, and was appointed as the UK
Prime Minister
A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is not ...
's
Independent Adviser on Ministers' Interests in December 2022.
Life and career
He was educated at
Eton College
Eton College () is a public school in Eton, Berkshire, England. It was founded in 1440 by Henry VI under the name ''Kynge's College of Our Ladye of Eton besyde Windesore'',Nevill, p. 3 ff. intended as a sister institution to King's College, C ...
and
Christ Church, Oxford
Christ Church ( la, Ædes Christi, the temple or house, '' ædēs'', of Christ, and thus sometimes known as "The House") is a constituent college of the University of Oxford in England. Founded in 1546 by King Henry VIII, the college is uniqu ...
,
and is the 3rd
Baronet of Tangley Hill, a title he inherited upon the death of his uncle,
Sir Philip Magnus-Allcroft in 1988.
Magnus had a four-decade career in finance in the City of London,
[ including chairing Lexicon Partners and acting as a senior adviser at the ]investment banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated wit ...
firm Evercore.
He served as Deputy Chairman of the National Trust
The National Trust, formally the National Trust for Places of Historic Interest or Natural Beauty, is a charity and membership organisation for heritage conservation in England, Wales and Northern Ireland. In Scotland, there is a separate and ...
between 2005 and 2013. In September 2013 he was appointed chairman of the Historic Buildings and Monuments Commission for England, by Secretary of State for Culture Maria Miller; and was tasked with dividing the organisation into two: Historic England, which retained the statutory and protection functions, and the new English Heritage
English Heritage (officially the English Heritage Trust) is a charity that manages over 400 historic monuments, buildings and places. These include prehistoric sites, medieval castles, Roman forts and country houses.
The charity states that i ...
Trust, a charity[ that would operate the historic properties, and retained the English Heritage operating name and logo. During the ]COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
he was appointed to the board of the Culture Recovery Fund, a fund established by the UK government
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to help cultural bodies affected by the pandemic. Magnus was appointed a CBE in the 2022 New Year Honours
The 2022 New Year Honours are appointments by some of the 15 Commonwealth realms to various orders and honours to recognise and reward good works by citizens of those countries. The New Year Honours are awarded as part of the New Year celebrations ...
.[ As of April 2023, he was appointed Chairman of Heritage of London Trust.
On 22 December 2022 he was appointed by Prime Minister ]Rishi Sunak
Rishi Sunak (; born 12 May 1980) is a British politician who has served as Prime Minister of the United Kingdom and Leader of the Conservative Party (UK), Leader of the Conservative Party since October 2022. He previously held two Cabinet of ...
to the role of Independent Adviser on Ministers' Interests, following Christopher Geidt
Christopher is the English version of a Europe-wide name derived from the Greek name Χριστόφορος (''Christophoros'' or '' Christoforos''). The constituent parts are Χριστός (''Christós''), "Christ" or "Anointed", and φέρει ...
, who had stepped down from the position in June 2022. The role is a non-renewable five-year appointment.
References
1955 births
Living people
20th-century British businesspeople
21st-century British people
Alumni of Christ Church, Oxford
Magnus, Sir Laurie, 3rd Baronet
British civil servants
British financiers
Commanders of the Order of the British Empire
People educated at Eton College
Laurie
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