John Nash, Baron Nash

The Lord Nash
Born	(1949-03-22) 22 March 1949
Education	Milton Abbey School, Dorset
Alma mater	Corpus Christi College, Oxford
Occupation	investor

John Alfred Stoddard Nash, Baron Nash (born 22 March 1949),^[1] formerly a British businessman who is Parliamentary Under Secretary of State for Schools and co-founder of the charity Future -founded in 2005 which sponsors academies.^[2] Nash was Chair of the British Venture Capital Association (1988–89)^[1] and on the board of the Conservative think-tank, the Centre for Policy Studies.^[3] He is joint chairman of the Governors of Pimlico Academy.

Education

John Nash was educated at Milton Abbey School, a boarding independent school in the village of Milton Abbas (near Blandford Forum) in Dorset, followed by Corpus Christi College at the University of Oxford, where he read Law, and obtained an M.A.^[4]

Career

After reading Law at Corpus Christi College, Oxford, Nash became a barrister before moving into finance.^[5] Nash was Assistant Director of Lazard Brothers and Co Ltd (1975–1983) before moving to private equity firm Advent Limited, becoming its managing director in 1986.^[1] He was co-founder of private equity firm Sovereign Capital, as well as being chair of the British Venture Capital Association from 1988 to 1989.^[1] He is also the former chairman of one of the biggest contractors to the NHS, Care UK.^[6] In January 2013 Nash left Sovereign Capital to pursue his political interests.

Political career

In January 2013 Lord Nash was appointed as schools minister.^[6] He became a life peer as Baron Nash, of Ewelme in the County of Oxfordshire on 21 January 2013.^[7][8] He and his wife have donated almost £300,000 to the Conservative Party and according to the Telegraph, the appointment raises concern about a potential conflict of interest and appointment of donors though the Department for Education said he would not make business decisions whilst in office.^[6] In April, Labour councillors called for an inquiry after the new Pimlico primary school where Nash was co-chairman of the governors appointed an unqualified teacher as headmistress ahead of its opening in September.^[9] Further criticism followed when she resigned after four weeks in the job.^[10][11] In March 2014, the Conservative minister rejected the council bid for Holborn and St Pancras building a post-comprehensive school, called a "university training school', but promised only to build them in Cambridge and Birmingham.^[12] .

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