Rupert Lascelles Pennant-Rea (born 23 January 1948) is a British businessman, journalist, and former Deputy Governor of the Bank of England. The son of Peter and Pauline Pennant-Rea, he was educated at the Peterhouse School, an Anglican church boarding school near Marandellas, Rhodesia (now Marondera, Zimbabwe), before attending Trinity College, Dublin and Manchester University, where he received his M.A.
He joined the Bank of England in 1973 and remained until 1977, when he left to work for The Economist magazine. He was the magazine's editor from 1986 until 1993.[1] Between 1993-95, he again joined the Bank of England as Deputy Governor of the bank, under the governorship of Edward George.
Pennant-Rea has been chairman of the British Stationery Office since its privatisation in 1996. In 1994 he became a member of the influential Washington-based financial advisory body, the Group of Thirty. He was also a British American Tobacco director.
Pennant-Rea was appointed as non-executive chairman in July 2009 of The Economist Group, having served as a non-executive director since August 2006. He is presently Chairman of Henderson Group, and a non-executive director of Go-Ahead Group, Gold Fields and Times Newspapers.[2]
Pennant-Rea is also chair of the board of trustees for the UK's largest youth drama festival, the Shakespeare Schools Festival.
He has also written a series of books about Economics and a novel, Gold Foil.
| Preceded by Andrew Knight |
Editor of The Economist 1986-1993 |
Succeeded by Bill Emmott |