Robin Leigh-Pemberton, Baron Kingsdown

Robert Robin Leigh- Pemberton, Baron Kingsdown, KG, PC ( born January 5, 1927 in Sittingbourne, Kent, † November 24, 2013 ) was a British banker.

Biography

After schooling, he studied law and worked after graduation from 1954 to 1960 as a lawyer ( barrister ). In 1965 he also received approval as a Certified Public Accountant ( Chartered Accountant ). Later he was active in local politics and, most recently from 1975 to 1977 the Council of the County of Kent (Kent County Council ) Chairman.

Subsequently, he was between 1977 and 1983, first Chairman of the National Westminster Bank, before he then became the successor of Gordon Richardson, Baron Richardson of Duntisbourne, Governor of the British Central Bank Bank of England. In this role, he worked from 1983 to 1993 and took over in the 1980s at the top of the bank a key role in various banking crises. The bank was forwards there when monetary policy was a central part of government policy in the 1980s again.

On the other hand, he learned criticism for its inadequate monitoring of the Bank of Credit and Commerce International ( BCCI), with the result that these came in 1991 in the center of the biggest international financial scandal known as " The biggest fraud in the history of mankind" "and as the " means over- 20 - billion - robbery " was. After that, he was responsible for coordinating the closure of BCCI.

After his retirement as Governor of the Bank of England, he was raised in 1993 as a life peer with the title Baron Kingsdown to the peerage, and thus a member of the House of Lords. Successor as Governor of the Bank of England was Edward George, Baron George.

In 1994, he was also knighted in the Order of the Garter ( Knight of the Garter ).