Derek Laud

Derek Laud FRSA
Born	Derek George Henry Laud (1964-08-09)9 August 1964 Chelsea, London, England
Citizenship	United Kingdom
Alma mater	University of Oxford
Occupation(s)	Banker, Businessman, Private Equity and former speechwriter
Employer	Stanhope Capital
Known for	Big Brother
Website	www.dereklaud.org.uk

Derek George Henry Laud FRSA (born 9 August 1964^{[ citation needed ]}) is a British banker, author, journalist, broadcaster and visiting professor. He has other wide business interests, including as Adviser to Lord Glendonbrook, the former Chairman of Channel Four and owner of BMI airlines. Laud was one of the lead speakers at the Financial Times (FT) Global Wealth Summit in London and spoke about Diversity and Inclusion in the wealth management sector.

He is the Chairman of the Foundation Board of Lucy Cavendish College at the University of Cambridge. He also Chairs the North American Committee for Cambridge. He has been an accredited journalist and has written on social and political affairs, travel and tennis.

Laud is a Fellow of the Royal Society of Arts. He is Pro Chancellor at London South Bank University and visiting professor in the Faculty of Law and Social Sciences. He is a former political lobbyist, with specialist knowledge of the financial services regulatory sector. Laud is a partner in the private banking sector and clients include ultra high net worth individuals. He is also Senior Adviser at Stern & Co, a Rothschild and Goldsmith family wealth management company. He currently sits on the board of the Overseas Territories and is executive director. Laud has been a political adviser and professional speechwriter.

Laud is co-founder and executive director of the New City Initiative, a think tank for the finance sector. ^[1] He is also a partner, partnership secretary, Director of the advisory board, and Director of Global Corporate Affairs at wealth management company Stanhope Capital LLP. Laud was the first black member of the Conservative Monday Club and was the first black master of foxhounds in the United Kingdom. He was also a contestant on the 2005 series of the British reality television show Big Brother.

Early life

Derek Laud was born on 9 August 1964 in Chelsea, London. He was educated at Oxford University and the University of Cambridge. He played university tennis. He holds degrees and awards including an MA and M.Sc. (with Distinctions) and is an Honorary Fellow at Cambridge University and Fellow of the Royal Society of Arts (FRSA) .^{[ citation needed ]}

Career

Politics

Laud was asked by David Cameron, Leader of the Conservative Party, and Francis Maude, Conservative Party chairman, to be the party's candidate for Mayor of London. He declined and Boris Johnson was subsequently chosen.

He was the first special adviser appointed to the House of Lords Rural Economy Group, where members included the Duke of Westminster (for whom he wrote speeches), the Earl of Radnor, and Lord Vincent.

Laud was briefly a member of the Conservative Monday Club.^{[ citation needed ]} In October 1984, he produced a policy paper under the auspices of the club's Immigration and Race Relations Committee titled "The Law, Order and Race Relations". He considered himself on the liberal wing of the club, and resigned following disagreements about apartheid South Africa. He later wrote a paper on how to apply cultural sanctions on the regime and was a vocal critic of the British government and its apparent lack of interest in dismantling apartheid.

Laud subsequently ^{[ when? ]} became a researcher and special adviser, working for Conservative Members of Parliament and government ministers in the mid to late 1980s. He also worked as an advisor to Sir Gordon Downey, the former Auditor General, Parliamentary Commissioner for Standards, and Chairman of the Personal Investment Authority. ^[1] He was Private Secretary to Lord Rees, Chief Secretary to the Treasury and Minister for Trade. He also acted as a researcher for Sir Spencer Perceval, the Solicitor-General.^{[ when? ]}

In the second half of the 1980s, he became an aide and speechwriter for then Prime Minister Margaret Thatcher. ^{[2] [3]} During this period, Laud also contributed to speeches for other leading Conservative politicians, including Alan Clark and Michael Heseltine. ^{[2] [4]} Laud was a campaign aide for then Prime Minister John Major in 1990 and the 1992 general election campaign. ^[3]

In the 1997 general election, Laud was selected as Conservative parliamentary candidate for Tottenham, a constituency with a large non-white population that had been represented by black Labour MPs since 1987, but stepped down shortly before the election, citing "business reasons". ^[5] The Daily Telegraph reported that Laud had withdrawn his candidacy after being convicted of drink driving in the United States. ^[6] Three people in a car struck by Laud suffered minor physical injuries. ^[3]

In May 2019 Laud stood for the Liberal Democrats in Witney for election to West Oxfordshire District Council, as a protest against the Windrush scandal. ^[7] He was a strong critic of prime minister Theresa May, writing in the Financial Times that she was 'characterless, incompetent and even her best would never be good enough'.

Business

In the late 1980s Laud was a consultant for Strategy Network International (SNI), ^[8] a lobbying company with clients in the mining and minerals sector in Southern Africa. The firm had links to UNITA, the Angolan armed opposition group. He headed the financial regulatory arm of the business. He recommended the recruitment of business partner and Conservative MP Michael Colvin as an adviser. Laud sat on the advisory board of Sadlers Wells, chaired by Ian Hay Davison, the CEO of Lloyd's of London.

During the late 1990s, Laud was headhunted into private equity by Sir John Beckwith, and was a director of companies owned and controlled by the Pacific Group. The Group had substantial investments in wealth management, through River and Mercantile, and Thames River Capital. Other investments included healthcare, Education (Laud chaired the Board of the Ravenstone House Group of Schools) gyms, sport and outdoor media, and owners of a model agency.^{[ citation needed ]}

In 1992, Laud co-founded the lobbying company Ludgate Laud with Michael Colvin. ^[9] In 1996 Laud acquired part of Ludgate Laud, then with an annual fee income of around £500,000 and with clients such as Johnson and Johnson, British Steel and the Institute of Actuaries, the Personal Investment Authority and Takecare PLC. ^[10]

He is a partner, partnership secretary, director of the advisory board, and Director of Corporate Affairs at wealth management company Stanhope Capital LLP. ^[11]

Laud is also co-founder and the executive director of New City Initiative, a think tank concerned with the independent banking sector. ^[1] He is a banker in the wealth management sector and holds various other directorships.

Writing

In 2015 Laud published The Problem With Immigrants ^[12] through political publishing house Biteback, and he is a contributing writer to the Financial Times, The Independent, and The Daily Maverick. He has extensive tennis knowledge, and has been a regular writer at the Wimbledon Championships since 2010. Laud has recently^{[ when? ]} turned to songwriting. His first song, 'Over My Shoulder' with singer Carletheia, was released in September 2022, and within two months had 45,000 downloads on Spotify.^{[ citation needed ]}

Media appearances

Big Brother

In 2005, Laud was a contestant on the sixth series of the British reality television series Big Brother , in which a number of contestants live in an isolated house trying to avoid being evicted by the public. ^[13] He was the tenth person to be evicted from the Big Brother House after losing in a head-to-head with Eugene Sully. ^[14]

Other

Laud appeared on a charity edition of the television quiz show Who Wants to Be a Millionaire? on 17 September 2005, partnering Edwina Currie. ^[15] Laud appeared on the BBC television discussion programme Question Time in November 2005. ^{[16] [17]} He makes regular TV and radio broadcasts. He is also a specialist writer on tennis. He is selective about the TV shows he takes part in, describing most of them as a 'degrading shouting matches with little or no intellectual credibility'.^{[ citation needed ]}

Personal life

An enthusiastic fox hunter, Laud was made Master of Foxhounds for the New Forest Hunt in 1999, becoming the first black master of foxhounds in the United Kingdom. ^{[18] [19]} He lives between the Cotswolds and Knightsbridge in London.^{[ citation needed ]}

Laud is an advocate for the gambling addiction charity GamCare ^[20] and the dog protection charity the Dogs Trust, the latter of which was his chosen charity when he appeared on Who Wants to Be a Millionaire? with former government minister Edwina Currie. ^[21]

References

1. "NCI: Board of Directors". New City Initiative. Archived from the original on 5 March 2012. Retrieved 11 March 2012.
2. Stone-Lee, Ollie (5 October 2005). "Big Brother Derek Backs Cameron". BBC News.
3. Tuma, Debbie (5 March 1997). "Ex-thatcher Aide Sued In L.i. Crash". New York Daily News. Retrieved 11 March 2012.^{[ dead link ]}
4. "Black Tory leads white witch into the transparent Big Brother house". The Scotsman. Edinburgh. 28 May 2005. Retrieved 5 November 2012.
5. Sengupta, Kim (22 March 1997). "Bernie Grant's foe faces deselection". The Independent. London. Retrieved 4 November 2012.
6. Wormesley, Tara; Foster, Peter (13 August 2001). "Dinner guests whose testimony will count". The Daily Telegraph. London. Retrieved 11 March 2012.
7. Roberts, James (6 March 2019). "Derek Laud, ex-Big Brother star, to run for Witney West seat". Oxford Mail. Retrieved 5 May 2019.
8. Nixon, Ron (2016). South Africa's Global Propaganda War. London: Pluto Press. p. 100. ISBN   9780745399140. OCLC   959031269.
9. Roth, Andrew (25 February 2000). "Obituary: Michael Colvin". The Guardian. London. Retrieved 4 November 2012.
10. Dowman, Rebecca (12 June 1996). "Ludgate Laud splits in two as Laud goes solo". PR Week UK (via Brand Republic). Retrieved 11 March 2012.
11. "Stanhope Capital: The Stanhope Team". Stanhope Capital. Archived from the original on 3 February 2013. Retrieved 11 March 2012.
12. Laud, Derek (27 January 2015). The Problem With Immigrants. Biteback. p. 336. ISBN   9781849547215 . Retrieved 29 May 2016.
13. "Millions tune into Big Brother 6". BBC News. 28 May 2005. Retrieved 4 November 2012.
14. "Big Brother boot for Derek Laud". BBC News. 5 August 2005. Retrieved 4 November 2012.
15. "Who Wants To Be A Millionaire?: Celebrity Who Wants To Be A Millionaire?". BFI. Archived from the original on 6 February 2009. Retrieved 4 November 2012.
16. "This week's panel". BBC. 16 November 2005. Retrieved 4 November 2012.
17. "Housemate attacks Makosi decision". BBC News. 18 November 2005. Retrieved 4 November 2012.
18. Cook, Emma (18 July 1999). "Derek Laud; Melvyn Bragg; Harry Enfield; PJ Harvey; Ivan Massow; Simon Bates; Paula Hamilton; Gary Bushell; What do all these people have in common? They support hunting". The Independent on Sunday. London. Retrieved 4 November 2012.
19. Pook, Sally (4 September 2003). "Black woman is new face of the hunt". The Daily Telegraph. Retrieved 4 November 2012.
20. "Charities 'need to inform donors about trusteeships'". Capital Society. Retrieved 11 March 2012.
21. "Who Wants to Be a Millionaire?". Locate TV. Archived from the original on 21 July 2009. Retrieved 11 March 2012.

External links

• Black and Blue: The Personal Blog of Derek Laud
• 2005 interview with Laud on the BBC television programme The Culture Show