| The Right Honourable The Earl of Cromer KG, GCMG, MBE, PC |
|
|---|---|
| British Ambassador to the United States | |
| In office 1971–1974 |
|
| Preceded by | John Freeman |
| Succeeded by | Sir Peter Ramsbotham |
| Governor of the Bank of England | |
| In office 1961–1966 |
|
| Preceded by | The Lord Cobbold |
| Succeeded by | Sir Leslie O'Brien |
| Personal details | |
| Born | George Rowland Stanley Baring 28 July 1918 |
| Died | 16 March 1991 (aged 72) London, England |
| Nationality | British |
| Alma mater | Trinity College, Cambridge |
| Occupation | Banker, diplomat |
Lieutenant-Colonel (George) Rowland Stanley Baring, 3rd Earl of Cromer, KG, GCMG, MBE, PC (28 July 1918 – 16 March 1991), styled Viscount Errington before 1953, was a British banker and diplomat. After serving during World War II, he was Governor of the Bank of England (1961–1966) and British Ambassador to the United States (1971–1974).
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The eldest son of the 2nd Earl of Cromer and his wife Ruby Elliot-Murray-Kynynmound, he was educated at Eton and Trinity College, Cambridge, where he left after a year. He served with the Grenadier Guards during the Second World War, where he gained the rank of Lieutenant-Colonel and became a Member of the Order of the British Empire.[1]
After serving as private secretary to the Freeman Freeman-Thomas, 1st Marquess of Willingdon in 1938, he joined Barings Bank, founded by his ancestor Sir Francis Baring, as a clerk. After military service during the war, he was managing director of Barings between 1949 and 1959 He then served as Economic Minister at the British Embassy in Washington as well as holding executive directorships at the International Monetary Fund, the International Bank for Reconstruction and Development, and the International Finance Corporation.
In 1961, he was appointed Governor of the Bank of England, a position he held until 1966. During his governorship, he clashed with the incoming Labour Prime Minister, Harold Wilson, over Cromer's desire to see government spending contained, which may have contributed to his decision not to seek a second term. He was subsequently appointed to the Privy Council. He was responsible for the Cromer Report into Lloyd's of London.
From 1971 to 1974 he served as British Ambassador to the United States. Following his appointment he became a Knight Commander of the Order of St Michael and St George,[2] and was raised to the rank of Knight Grand Cross in 1974.[3] He was a Governor of the pro-NATO Atlantic Institute, and a member of the Pilgrims Society executive committee.
In 1977, he was made a Knight of the Garter.[4]
Cromer married Esmé Mary Gabriel Harmsworth (1922-2011) in 1942, daughter of Esmond Harmsworth, 2nd Viscount Rothermere. They had three children:
He died on 16 March 1991 in London.
| Court offices | ||
|---|---|---|
| Preceded by Jock Colville |
Page of Honour 1931–1935 |
Succeeded by George Seymour |
| Government offices | ||
| Preceded by The Lord Cobbold |
Governor of the Bank of England 1961–1966 |
Succeeded by Sir Leslie O'Brien |
| Diplomatic posts | ||
| Preceded by John Freeman |
British Ambassador to the United States 1971–1974 |
Succeeded by Sir Peter Ramsbotham |
| Peerage of the United Kingdom | ||
| Preceded by Rowland Baring |
Earl of Cromer 1953–1991 |
Succeeded by Evelyn Baring |