Sir Peter Edward Middleton (born 23 April 1934) is a British UK Chairman of
Marsh & McLennan Companies
Marsh & McLennan Companies, Inc., doing business as Marsh McLennan, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investme ...
, former banker and former Chancellor of the
University of Sheffield
, mottoeng = To discover the causes of things
, established = – University of SheffieldPredecessor institutions:
– Sheffield Medical School – Firth College – Sheffield Technical School – University College of Sheffield
, type = Pu ...
. He is currently on the board of the Philharmonia Orchestra.
Life
Middleton was born on 2 April 1934 in
Sheffield
Sheffield is a city status in the United Kingdom, city in South Yorkshire, England, whose name derives from the River Sheaf which runs through it. The city serves as the administrative centre of the City of Sheffield. It is Historic counties o ...
.
Burke's Peerage
Burke's Peerage Limited is a British genealogical publisher founded in 1826, when the Irish genealogist John Burke began releasing books devoted to the ancestry and heraldry of the peerage, baronetage, knightage and landed gentry of Great Br ...
accessed 4 August 2009 His father was Thomas Edward Middleton. He was educated at
Sheffield City Grammar School
Sheffield is a city in South Yorkshire, England, whose name derives from the River Sheaf which runs through it. The city serves as the administrative centre of the City of Sheffield. It is historically part of the West Riding of Yorkshire and ...
and at the
University of Sheffield
, mottoeng = To discover the causes of things
, established = – University of SheffieldPredecessor institutions:
– Sheffield Medical School – Firth College – Sheffield Technical School – University College of Sheffield
, type = Pu ...
where he gained a first class degree in
economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services.
Economics focuses on the behaviour and intera ...
in 1955
[University of Sheffield]
Press release 35/99 8 October 1999 with further study at the
University of Bristol
, mottoeng = earningpromotes one's innate power (from Horace, ''Ode 4.4'')
, established = 1595 – Merchant Venturers School1876 – University College, Bristol1909 – received royal charter
, type ...
.
[ He lives in ]Kensington
Kensington is a district in the Royal Borough of Kensington and Chelsea in the West End of London, West of Central London.
The district's commercial heart is Kensington High Street, running on an east–west axis. The north-east is taken up b ...
with his wife Connie.[
]
Career
The Treasury
After National Service
National service is the system of voluntary government service, usually military service. Conscription is mandatory national service. The term ''national service'' comes from the United Kingdom's National Service (Armed Forces) Act 1939.
The l ...
in the Royal Army Pay Corps
The Royal Army Pay Corps (RAPC) was the corps of the British Army responsible for administering all financial matters. It was amalgamated into the Adjutant General's Corps in 1992.
History
The first "paymasters" have existed in the army before t ...
, Sir Peter joined HM Treasury
His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and ec ...
, ultimately ascending to become Permanent Secretary
A permanent secretary (also known as a principal secretary) is the most senior Civil Service (United Kingdom), civil servant of a department or Ministry (government department), ministry charged with running the department or ministry's day-to-day ...
from 1983 to 1991.[University of Sheffield]
Press release 21/99 June 1999
Barclays Bank
Sir Peter joined Barclays
Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services.
Barclays traces ...
in 1991 as Group Deputy Chairman and Executive Chairman of Barclays de Zoete Wedd (BZW). He became Chairman of Barclays Capital following the reorganisation of BZW in October 1997 and was appointed Barclays Group Chairman in April 1999. During this time he was also a board member of Bass PLC
Six Continents was a large British-based hotel and hospitality business which was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index.
History
The company was formed in June 2000 when the brewing business of Ba ...
from 1992–2001 and General Accident
General Accident plc was a large insurance business based in Perth, Scotland, Perth, Scotland. It merged with Commercial Union in 1998 to form CGU plc.
History
The Norie-Miller years
The Employers' liability act of 1880 opened a new area of i ...
(later CGU) from 1992-1995.
He was appointed chairman of the Barclays Group Asia Pacific Advisory Committee in 2004.
CEDR
Sir Peter Middleton was appointed CEDR Chairman in September 2004 following his retirement as Group Chairman of Barclays.[CEDR website]
/ref>
Other
He was appointed UK chairman, Marsh & McLennan Companies in 2007, chairman of Marsh Ltd in 2005, chairman of Mercer Ltd in 2009. He is chairman of Burford Capital
Burford Capital, founded in 2009, provides specialized finance to the legal market. It operates as a finance and professional services company worldwide with principal offices in New York, London and Chicago. The company offers financing to lawye ...
and Hamilton Ventures since 2009. He was deputy chairman of United Utilities from 1994–2007,[United Utilities webpage]
/ref> he is Chairman of Creative Sheffield (2005 -)(previously Sheffield Urban Regeneration Company 2000-2005(Sheffield One
Sheffield is a city in South Yorkshire, England, whose name derives from the River Sheaf which runs through it. The city serves as the administrative centre of the City of Sheffield. It is historically part of the West Riding of Yorkshire and ...
). He is a senior partner of Fenchurch Advisory Partners (since 2005); He was on the board of the National Institute of Economic and Social Research
The National Institute of Economic and Social Research (NIESR), established in 1938, is Britain's oldest independent economic research institute. The institute is a London-based independent UK registered charity that carries out academic researc ...
from 1996-2007. He is a governor of the Ditchley Foundation
The Ditchley Foundation is a foundation that holds conferences, with a primary focus on British-American relations. It is based at Ditchley Park near Chipping Norton, Oxfordshire. It was established as a privately funded charity in 1958 by philan ...
. He was President of the British Bankers' Association
The British Bankers' Association (BBA) was a trade association for the UK banking and financial services sector. From 1 July 2017, it was merged into UK Finance.
It represented members from a wide range of banking and financial services. The asso ...
from 2004-06 (BBA).[BBA website]
and was Chairman of Camelot Group plc from 2004 - 2010. He was a member of the IAP of the International Monetary Authority of Singapore from 2004-2006.
He is a Member of the Court of the Worshipful Company of International Bankers (Master in 2006/7) and a member of the Board of Patrons of the European Association for Banking and Financial History e.V.
Honours
Middleton took on the role of Chancellor of the University of Sheffield on 9 October 1999.[ He has also been a visiting fellow at ]Nuffield College, Oxford
Nuffield College () is one of the constituent colleges of the University of Oxford in England. It is a graduate college and specialises in the social sciences, particularly economics, politics and sociology. Nuffield is one of Oxford's newer co ...
.[ He was knighted KCB in 1984 and GCB in 1989.][
]
References
{{DEFAULTSORT:Middleton, Peter
1934 births
Living people
People educated at The City School, Sheffield
Alumni of the University of Sheffield
Alumni of the University of Bristol
Knights Grand Cross of the Order of the Bath
Chairmen of Barclays
Royal Army Pay Corps soldiers
20th-century British Army personnel