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Lord Grimstone of Boscobel Kt.

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Lord Grimstone of Boscobel Kt.

Minister for Investment at the Department of International Trade and the Department for Business, Energy and Industrial Strategy (BEIS), United Kingdom
Lord  Grimstone of Boscobel Kt.

Lord Gerry Grimstone was appointed on 18 March 2020 as the Minister for Investment jointly at the Department for International Trade (DIT) and the Department for Business, Energy and Industrial Strategy (BEIS). He also has Ministerial responsibility for the Office for Investment in 10 Downing St. He is DIT’s representative for all business in the House of Lords. His Ministerial duties in BEIS also include responsibility for certain sectors including, steel, automotive, and the professional and business services sector. Before entering politics, Lord Gerry had an extensive business career. He is the immediate past Chairman of Barclays Bank plc and also of Standard Life Aberdeen, the UK’s largest savings and investments business. He was an Independent Non-Executive Board Member of Deloitte North South Europe, a member of Deloitte’s Global Independent Non Executive Advisory Committee, and also of their UK Oversight Board. He was a Senior Adviser to Fenchurch Advisory Partners and was a member of the International Advisory Network of Natixis, the French financial services group. He was a Senior Adviser to Blue Prism, a global leader in Robotic Process Automation. Within the UK, Lord Gerry has had a long history of serving the Ministry of Defence spanning 20 years. He sat on the Defence Board chaired by the Defence Secretary as its Lead Non-Executive. The Defence Board is the senior decision-taking body in the MoD. Lord Gerry served under 6 Defence Secretaries. Lord Grimstone of Boscobel was knighted in 2014 for public service, particularly to Defence and Business.