Jitesh Kishorekumar Gadhia, Baron Gadhia is a British investment banker, Conservative Party donor and member of the House of Lords. A member of the Leader's Group of high-value donors, he was described by The Herald as a member of David Cameron's "inner circle". [1]
Gadhia was a pupil at Harrow High School formerly Gayton High Comprehensive School (Harrow) from 1982-1986. Gadhia studied economics at the University of Cambridge and the London Business School, where he was a Sloan Fellow. [2]
Gadhia is a senior managing director at The Blackstone Group, a US private equity firm. [3] [2] Prior to this, he worked for Barclays, ABN AMRO, and Barings Bank, which collapsed while he worked there. [2] [4] [5] He also sits on the board of UK Financial Investments. [4] Gadhia was a trustee of Nesta, [6] and has written for The Daily Telegraph. [2] [5]
In September 2017, Gadhia was appointed a non-executive director of fracking company Third Energy, [7] though questions were raised about a potential conflict of interest when the company was late publishing its annual results, amid concerns about its financial resilience and ability to fund clean-up costs. [8] Gadhia resigned as a director in September 2018. [9]
He has donated at least £225,000 to the Conservative Party, and another £18,000 to the Conservative Friends of India. [3] [1] He has also donated at least £25,000 to the Liberal Democrats in Scotland. [3] [1]
He was involved in the cash for access scandal in 2014, along with James Stunt (billionaire art dealer, gambling and shipping tycoon) and Alexander Temerko (Russian energy tycoon), and approximately 40 others. [10] [3]
In August 2016 it was announced that he was to be made a life peer in as part of Cameron's Resignation Honours list. [11] In the afternoon of 31 August he was created Baron Gadhia, of Northwood in the County of Middlesex. [12]
In October 2022, he was appointed to the Court of Directors of the Bank of England. [13]
David William Donald Cameron, Baron Cameron of Chipping Norton, is a British politician who has served as Foreign Secretary since 2023. He previously served as Prime Minister of the United Kingdom from 2010 to 2016, as Leader of the Conservative Party from 2005 to 2016, and as Leader of the Opposition from 2005 to 2010, while serving as Member of Parliament (MP) for Witney from 2001 to 2016. He identifies as a one-nation conservative and has been associated with both economically liberal and socially liberal policies.
Robert John Blackman is a British politician who has been the Conservative Member of Parliament (MP) for Harrow East since 2010. He has served as the Joint Executive Secretary of the backbench 1922 Committee since 2012. Blackman was the Member of the London Assembly (MLA) for Brent and Harrow between 2004 and 2008.
Kirby Misperton is a small village and civil parish in North Yorkshire, England and has a population of around 370.
Michael Alan Spencer, Baron Spencer of Alresford, sometimes known as "Spens", is a British billionaire businessman and philanthropist. He is the founder of NEX Group, a UK-based business focused on electronic markets and post-trade business which was acquired by CME Group in November 2018. NEX Group was formerly known as ICAP, until the sale of its voice-broking business to Tullett Prebon in December 2016.
Harrow High School is a co-educational academy in the London Borough of Harrow and a specialist Sports College. It was previously called Gayton High School and Harrow County School for Boys. The school has a sixth form for post-16 studies part of the Harrow Sixth Form Collegiate. There was an independent school with the same name on a nearby site until the late 1980s.
Nick Leslau, born 18 August 1959, is an English commercial property investor, with an estimated net worth of £400 million. Leslau is chairman and chief executive of Prestbury Investment Holdings Limited, and chairman of Prestbury Investments LLP. He is a 30 percent shareholder in Prestbury's AIM listed Secure Income REIT, which owns tourist attraction venues such as Thorpe Park, Warwick Castle, and Alton Towers on a long-term lease to Merlin Entertainments. Secure Income REIT also owns 20 private hospitals and 55 Travelodge hotels in the UK.
Christopher James Skidmore is a British former Conservative Party politician and author of popular history who served as Member of Parliament (MP) for Kingswood in South Gloucestershire from 2010 to 2024.
Mark Andrew Menzies is a British politician who has been Member of Parliament (MP) for Fylde in Lancashire since 2010. As a member of the Conservative Party, he was the parliamentary private secretary (PPS) to Charles Hendry, Minister of State for Energy and Climate Change, before both were removed in the 2012 British cabinet reshuffle.
Ruth Elizabeth Davidson, Baroness Davidson of Lundin Links,, is a Scottish politician who served as Leader of the Scottish Conservative Party from 2011 to 2019 and Leader of the Scottish Conservative Party in the Scottish Parliament from 2020 to 2021. She served as a Member of the Scottish Parliament (MSP) for Glasgow from 2011 to 2016 and for Edinburgh Central from 2016 to 2021.
Alexander Viktorovich Temerko is a Ukrainian businessman in the energy sector, currently a director of the British company Aquind Limited. Previously, he was director and deputy chairman of the British company OGN Group. While in Russia, he held senior posts in the Russian Defence Ministry in the 1990s and, from 1999, was a senior executive and director at the Russian oil and gas company Yukos. He has resided in the United Kingdom since 2004. He became a British citizen in 2011.
Peter Andrew Cruddas, Baron Cruddas is an English banker and businessman. He is the founder of online trading company CMC Markets. In the 2007 Sunday Times Rich List, he was named the richest man in the City of London, with an estimated fortune of £860 million. As of March 2012, Forbes estimated his wealth at $1.3 billion, equivalent to £830 million at the time.
Keith Robertson Cochrane is a Scottish businessman and former chief executive (CEO) of Weir Group, Stagecoach Group and Carillion plc (interim). In March 2019, he was appointed CEO of Schenck Process.
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Kevin Paul Hollinrake is a British Conservative politician and businessman. He has been the Member of Parliament (MP) for Thirsk and Malton since May 2015 and has been serving as Minister of State for Enterprise, Markets and Small Business since October 2022.
Sir Michael Aron Heller was a British business executive and philanthropist.
Donald Andrew John Cameron of Lochiel, Baron Cameron of Lochiel is a Scottish Conservative politician and life peer who has served as Parliamentary Under-Secretary of State for Scotland since 2024. He was elected a member of the Scottish Parliament for the electoral region of the Highlands and Islands in 2016, serving in various roles in the Conservative shadow cabinet before his appointment to the House of Lords in 2024. Cameron succeeded his father as the 28th Lochiel, the hereditary chief of Clan Cameron, in 2023.
The 2016 Prime Minister's Resignation Honours are honours awarded following the July 2016 resignation of Prime Minister David Cameron. The life peerages and other honours were issued as two separate lists by the Cabinet Office on 4 August 2016 and all honours were gazetted as one list on 16 August 2016. This was the first Prime Minister's Resignation Honours since 1997.
Alexander Andrew Macdonell Fraser, Baron Fraser of Corriegarth was a British banker, treasurer of the Conservative Party of the United Kingdom and was a member of the House of Lords. He was described variously as a "stockbroker" or an "investment banker".
Olivia Caroline Bloomfield, Baroness Bloomfield of Hinton Waldrist is a British life peer and member of the House of Lords.
Third Energy Onshore Ltd is a UK company involved in oil and gas exploration, including proposals for fracking operations in Kirby Misperton, North Yorkshire.