Adrian Montague

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Sir Adrian Montague
Born
Adrian Alastair Montague

February 1948 (age 76)
NationalityBritish
Alma mater Trinity Hall, Cambridge
Occupation(s)Solicitor and businessman
Spouses
  • Pamela Evans
  • Penelope Webb
  • Innes Daubeney
Children4

Sir Adrian Alastair Montague CBE (born February 1948) is a British solicitor and businessman. He has been the chair of Thames Water since July 2023. He was chairman of the insurance company Aviva from April 2015 to May 2020.

Contents

Early life

Montague was born in February 1948. [1] [2] He earned a master of arts degree from Trinity Hall, Cambridge. [1] [3]

Career

Montague began his career as a solicitor for Linklaters & Paines, where he worked from 1971 to 1994. [1] He worked for the investment bank Dresdner Kleinwort from 1994 to 1997. In 1997, he joined the public sector to serve as the chief executive of the Private Finance Initiative Task Force at HM Treasury until 2000, and deputy chairman of Partnerships UK from 2000 to 2001. [1]

He was the chairman of British Energy from 2002 to 2009. [1]

In 2008, when Montague was chairman of the insurance company Friends Provident, he turned down an offer from the private equity firm J.C. Flowers to take over the company for 150p a share, only to see Clive Cowdery's Resolution buy it 12 months later for a mere 79p a share. [4]

Montague was the chairman of Aviva from April 2015, succeeding John McFarlane, [5] stepping down in May 2020. [6]

In June 2023, Montague was appointed as chair of the Board at Thames Water and its parent company Kemble Water. [7] His appointment came amid scrutiny on the financial stability of the water company. [7] In February 2024, Montague resigned as chair from Kemble Water but retained his position at Thames Water. [8]

Personal life

Montague has been married three times. He was married to Pamela Evans from 1970 to 1982; they had a son and two daughters. [1] He was married to Penelope Webb from 1986 to 2009, and they had a son. [1] In 2015, he was married for a third time, to Innes Daubeney. [1]

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References

  1. 1 2 3 4 5 6 7 8 "MONTAGUE, Sir Adrian (Alastair)". Who's Who 2017. Retrieved 19 July 2017.
  2. ↑ "AVIVA PLC - Officers (free information from Companies House)". Beta.companieshouse.gov.uk. Retrieved 14 April 2016.
  3. ↑ "List of Public Companies Worldwide, Letter - Businessweek - Businessweek". Bloomberg.com. Retrieved 14 April 2016.
  4. ↑ "The business on: Sir Adrian Montague, Chairman, 3i" . The Independent. 4 July 2011. Archived from the original on 10 July 2011. Retrieved 18 December 2017.
  5. ↑ "Sir adrian montague named next aviva chairman". Insurance Age. 12 September 2014. Retrieved 14 April 2016.
  6. ↑ "Aviva appoints George Culmer as Chairman". Aviva plc. 19 May 2020. Retrieved 10 July 2023.
  7. 1 2 Pickard, Jim; Massoudi, Arash; Plimmer, Gill (29 June 2023). "Thames Water appoints Adrian Montague as chair". Financial Times. Retrieved 30 June 2023.
  8. ↑ Plimmer, Gill (16 February 2024). "Adrian Montague to step down as chair of Thames Water parent company". www.ft.com. Retrieved 14 August 2024.
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