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Laurie Magnus (executive)

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Sir Laurie Magnus
Chairman of Heritage of London Trust
Assumed office
2023
Preceded byJamie Cayzer-Colvin
Independent Adviser on Ministers' Interests
Assumed office
December 2022
Personal details
Born
Laurence Henry Philip Magnus

September 1955 (age 69)
RelativesPhilip Magnus (uncle)
EducationChrist Church, Oxford (BA)

Sir Laurence Henry Philip Magnus, 3rd Baronet, CBE (born September 1955) is a British executive who has worked as a financier in the City of London, and was appointed as the UK Prime Minister's Independent Adviser on Ministers' Interests in December 2022.

Life and career

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He was educated at Eton College and Christ Church, Oxford,[1] and is the 3rd Baronet of Tangley Hill, a title he inherited upon the death of his uncle, Sir Philip Magnus-Allcroft in 1988.[2]

Magnus had a four-decade career in finance in the City of London,[3] including chairing Lexicon Partners[4] and acting as a senior adviser at the investment banking firm Evercore.[5]

He served as Deputy Chairman of the National Trust between 2005 and 2013. In September 2013 he was appointed chairman of the Historic Buildings and Monuments Commission for England, by Secretary of State for Culture Maria Miller; and was tasked with dividing the organisation into two: Historic England, which retained the statutory and protection functions, and the new English Heritage Trust, a charity[2] that would operate the historic properties, and retained the English Heritage operating name and logo. During the COVID-19 pandemic he was appointed to the board of the Culture Recovery Fund, a fund established by the UK government to help cultural bodies affected by the pandemic. Magnus was appointed a CBE in the 2022 New Year Honours.[5] As of April 2023, he was appointed Chairman of Heritage of London Trust.[6]

On 22 December 2022 he was appointed by Prime Minister Rishi Sunak to the role of Independent Adviser on Ministers' Interests, following Christopher Geidt, who had stepped down from the position in June 2022. The role is a non-renewable five-year appointment.[3][7]

References

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  1. ^ Walker, Peter; Dyer, Henry (22 December 2022). "Sir Laurie Magnus named Rishi Sunak's new ethics adviser". The Guardian. Retrieved 22 December 2022.
  2. ^ a b Burne James, Sam (28 January 2014). "Interview: Sir Laurie Magnus". Third Sector. Retrieved 29 January 2023.
  3. ^ a b "Rishi Sunak appoints Historic England head as ethics chief". BBC News. 22 December 2022. Retrieved 22 December 2022.
  4. ^ Walker, Peter; Dyer, Henry; correspondent, Peter Walker Political (22 December 2022). "Sir Laurie Magnus named Rishi Sunak's new ethics adviser". The Guardian. ISSN 0261-3077. Retrieved 15 February 2023. {{cite news}}: |last3= has generic name (help)
  5. ^ a b Howse, Imogen (22 December 2022). "Who is Sir Laurie Magnus? Rishi Sunak appoints new ethics advisor but faces criticism over 'rotten regime'". National World. Retrieved 22 December 2022.
  6. ^ Trust, Heritage of London (15 June 2022). "HOLT Chair appointed". HOLT. Retrieved 13 March 2024.
  7. ^ "Sir Laurie Magnus appointed as the Prime Minister's Independent Adviser on Ministers' Interests". GOV.UK (Press release). 22 December 2022.
Baronetage of the United Kingdom
Preceded by Baronet
(of Tangley Hill)
1988–present
Incumbent