Wednesday, September 21, 2011

Sir John Rose to join Rothschild banking group

By Peter Marsh

Sir John Rose, the former chief executive of Rolls-Royce, who built a reputation as one of the UK’s top industrialists, is to join the Rothschild family owned banking group as deputy chairman.

He said on Wednesday he hoped to use his “skills and experience” to help guide Rothschild’s “long-term business strategy”.

“I wanted to join a group which thought long term and where I enjoy working with the people there, and this new challenge will fit this job description extremely well,” said Sir John, who has a degree in psychology and worked in the banking industry before joining the treasury department at Rolls-Royce in 1984.

The new non-executive role for Sir John, who is 58, is his first large corporate job since he left Rolls-Royce in March after 15 years as chief executive. He is also on the board advising John Kay, the economist and Financial Times columnist, on his review of short-termism in the UK equity markets.
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