Difference between revisions of "Jitesh Gadhia"

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A member of the Prime Minister's [[Leader's Group]] of high-value donors, he was considered a member of ex-PM David Cameron's inner circle.  He was raised to the peerage in August 2016 as part of Cameron's resignation honours list of Lords appointments.
 
A member of the Prime Minister's [[Leader's Group]] of high-value donors, he was considered a member of ex-PM David Cameron's inner circle.  He was raised to the peerage in August 2016 as part of Cameron's resignation honours list of Lords appointments.
==Investment banking career==
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==Career==
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===Investment banking===
 
Lord Gadhia has been senior managing director of the advisory business of giant private equity [[Blackstone Group]] since 2010. He is also an independent non-executive director of BGL Group whose insurance and financial holdings include the well-known [[comparethemarket.com]]. Gadhia has previously held senior positions at [[Barclays Capital]], Dutch bank [[ABN AMRO]] and also worked for Britain's oldest merchant bank [[Baring Brothers]] at the time of its collapse.
 
Lord Gadhia has been senior managing director of the advisory business of giant private equity [[Blackstone Group]] since 2010. He is also an independent non-executive director of BGL Group whose insurance and financial holdings include the well-known [[comparethemarket.com]]. Gadhia has previously held senior positions at [[Barclays Capital]], Dutch bank [[ABN AMRO]] and also worked for Britain's oldest merchant bank [[Baring Brothers]] at the time of its collapse.
==Government roles==
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===Government roles===
 
In 2014 he was appointed to the board of [[UK Financial Investments]] ([[UKFI]]), a limited company set up in 2008 to manage the Government’s investments in banks bailed out during the credit crunch ([[Royal Bank of Scotland]], [[Lloyds Banking Group]]) and a significant portfolio of mortgage assets. <ref> [https://www.bglgroup.co.uk/about-us/bgl-board/lord-jitesh-gadhia Lord Jitesh Gadhia], BGL Group website, accessed 31 January 2018 </ref>
 
In 2014 he was appointed to the board of [[UK Financial Investments]] ([[UKFI]]), a limited company set up in 2008 to manage the Government’s investments in banks bailed out during the credit crunch ([[Royal Bank of Scotland]], [[Lloyds Banking Group]]) and a significant portfolio of mortgage assets. <ref> [https://www.bglgroup.co.uk/about-us/bgl-board/lord-jitesh-gadhia Lord Jitesh Gadhia], BGL Group website, accessed 31 January 2018 </ref>
 
 
===Fracking director===
 
===Fracking director===
{{‪Template:Fracking badge‬}}Recently updated Companies House documents show that Lord Gadhia was appointed on 22 January 2018 to the board of directors of the fracking firm [[Third Energy Onshore Limited]], which holds exploration licences in North Yorkshire. He had been an adviser to Third Energy, alongside businessman [[Keith Cochrane]] since September 2017.
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{{‪Template:Fracking badge‬}}Companies House documents show that Lord Gadhia was appointed on 22 January 2018 as a director of [[Third Energy Onshore Limited]], which holds fracking exploration licences in North Yorkshire. He had been an adviser to Third Energy, alongside businessman [[Keith Cochrane]] since September 2017.
  
 
==Lords' Register declarations==
 
==Lords' Register declarations==

Revision as of 01:25, 1 February 2018

Jitesh Kishorekumar Gadhia, (Baron Gadhia of Northwood in the County of Middlesex) is a British investment banker, Conservative Party donor and member of the House of Lords.

A member of the Prime Minister's Leader's Group of high-value donors, he was considered a member of ex-PM David Cameron's inner circle. He was raised to the peerage in August 2016 as part of Cameron's resignation honours list of Lords appointments.

Career

Investment banking

Lord Gadhia has been senior managing director of the advisory business of giant private equity Blackstone Group since 2010. He is also an independent non-executive director of BGL Group whose insurance and financial holdings include the well-known comparethemarket.com. Gadhia has previously held senior positions at Barclays Capital, Dutch bank ABN AMRO and also worked for Britain's oldest merchant bank Baring Brothers at the time of its collapse.

Government roles

In 2014 he was appointed to the board of UK Financial Investments (UKFI), a limited company set up in 2008 to manage the Government’s investments in banks bailed out during the credit crunch (Royal Bank of Scotland, Lloyds Banking Group) and a significant portfolio of mortgage assets. [1]

Fracking director

FrackWell.png This article is part of the Spinwatch Fracking Portal and project

Companies House documents show that Lord Gadhia was appointed on 22 January 2018 as a director of Third Energy Onshore Limited, which holds fracking exploration licences in North Yorkshire. He had been an adviser to Third Energy, alongside businessman Keith Cochrane since September 2017.

Lords' Register declarations

As at 1 February 2018:

Category 1: Directorships

Category 2: Remunerated employment, office, profession etc

Category 10: Non-financial interests (d)

Lib Dems donor

Ghadia gave the Scottish branch of Lib Dems £25,000 in September 2014.

Affiliations

Notes

  1. Lord Jitesh Gadhia, BGL Group website, accessed 31 January 2018
  2. Mr Jitesh Gadhia, Electoral Commission search, 31 January 2018