Rupert Pennant-Rea

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.

Career

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 a British American Tobacco director from 1998-2007.

He was Chairman of Henderson Group and a non- executive director of Go-Ahead Group, First Quantum, Gold Fields and Hotshild Mining.

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 also Chairman of Royal London[2] and a director of the Times Newspapers.[3]

Pennant-Rea chairs 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

References

  1. ↑ Tryhorn, Chris (22 June 2009). "Job cuts help lift Economist Group profits". London: The Guardian. Retrieved 13 May 2011.
  2. ↑ "Royal London Announces New Chairman". London: Royal London. 13 December 2012. Retrieved 5 February 2014.
  3. ↑ Greenslade, Roy (2 March 2011). "Another Murdoch joins The Times board - with a retired spy". London: The Guardian. Retrieved 13 May 2011.