Richard Sharp (BBC chairman)

Last updated


Richard Sharp
Chairman of the BBC
Assumed office
10 February 2021 [1]
Preceded by David Clementi
Personal details
Born
Richard Simon Sharp

(1956-02-08) 8 February 1956 (age 65) [2]
London, England
Spouse(s) Victoria Hull (divorced)
Children3
Parents Eric Sharp, Baron Sharp of Grimsdyke
Relatives Victoria Sharp (sister)
Education Merchant Taylors' School
Christ Church, Oxford
OccupationBanker

Richard Simon Sharp (born 8 February 1956) is the current Chairman of the BBC, a role he has held since February 2021. A former banker, he worked at JP Morgan for eight years, and then for 23 years at Goldman Sachs. Sharp was an advisor to Boris Johnson during his tenure as London Mayor, and to Rishi Sunak as Chancellor. He has donated more than £400,000 to the Conservative Party.

Contents

Early life

Richard Sharp was born on 8 February 1956, [2] in London. [3] He is the son of Eric Sharp, Baron Sharp of Grimsdyke, who was chairman of Cable & Wireless plc from 1980 to 1990. [4] His twin sister, Dame Victoria Sharp, is president of the Queen's Bench Division of the High Court in England and Wales. [4] [5]

In 1978, he earned a degree in philosophy, politics, and economics from Christ Church, Oxford. [5]

Career

Sharp worked for JP Morgan for eight years. [6] He then worked for Goldman Sachs for 23 years, rising to chairman of its principal investment business in Europe, before leaving in 2007. [7] He was Rishi Sunak's boss when they both worked for Goldman Sachs, [6] was an advisor to Boris Johnson when he was Mayor of London, and acted as an unpaid adviser to Sunak on the UK's economic response to the COVID-19 pandemic. [8] He was a member of the Bank of England's Financial Policy Committee from 2013 to 2019. [7] In 2014, he joined the property investment company RoundShield Partners, where he was a senior member until February 2021, when The Guardian approached the firm for comment. RoundShield advised and managed a fund that provided a £50m loan to Caridon, which has been accused of "cramming homeless and low-income families into former office blocks". [9]

Sharp was chairman of the Royal Academy of Arts from 2007 to 2012. [7] In January 2021, it was announced that he would be the next chairman of the BBC, succeeding David Clementi who was due to leave the position in February 2021. [7] [8] Speaking shortly after his appointment, Sharp told the Digital, Culture, Media and Sport Committee that he planned to give his £160,000 BBC salary to charity. [10] Controversy surrounded his appointment as it was revealed that not only had he donated more than £400,000 to the Conservative Party, but that he was also formerly the director of the Centre for Policy Studies, a think tank with historical links to the Conservative Party. Critics have pointed out that a person who holds such a position as that of BBC chairman should be politically impartial. [11] [12] The appointment followed that of Tim Davie, a former Conservative Party councillor, to the role of Director-General. [13]

Personal life

In 1987, Richard Sharp married Victoria Hull, an American and fellow Goldman Sachs banker, in Connecticut. [4] [14] They have three children together. [3] In October 2008, the couple were living in Kensington, and had an estimated net worth of £500 million. [15] They divorced, and some time after 2014, Hull married British investment banker Sir Simon Robey. [16]

Sharp has given more than £400,000 to the Conservative Party, [4] and £35,000 to the Quilliam think tank via his charity, the Sharp Foundation. [17] When asked why he donated to Quilliam, Sharp said he was impressed by founder Maajid Nawaz's "efforts to combat radicalism and extremism". [18] He is Jewish. [4]

Related Research Articles

Gavyn Davies

Gavyn Davies, OBE is a former Goldman Sachs partner who was the chairman of the BBC from 2001 until 2004. On 28 January 2004 he announced that he was resigning his BBC post following the publication of the Hutton Inquiry report which heavily criticised the organisation.

Maajid Nawaz British radio presenter, activist and former Islamist

Maajid Usman Nawaz is a British activist and radio presenter. He is the founding chairman of Quilliam, a counter-extremism think tank that seeks to challenge the narratives of Islamist extremists, and the host of a radio show on LBC, every Saturday and Sunday.

Quilliam was a British think tank co-founded by Maajid Nawaz that focused on counter-extremism, specifically against Islamism, which it argued represents a desire to impose a given interpretation of Islam on society. Founded as The Quilliam Foundation and based in London, it claimed to lobby government and public institutions for more nuanced policies regarding Islam and on the need for greater democracy in the Muslim world whilst empowering "moderate Muslim" voices. The organisation opposed any Islamist ideology and championed freedom of expression. The critique of Islamist ideology by its founders―Nawaz, Rashad Zaman Ali and Ed Husain―was based, in part, on their personal experiences.

Mohammed Shafiq is a media commentator on British Muslim issues.

Jim ONeill, Baron ONeill of Gatley

Terence James O'Neill, Baron O'Neill of Gatley is a British economist best known for coining BRICs, the acronym that stands for Brazil, Russia, India, and China—the four rapidly developing countries that have come to symbolise the shift in global economic power away from the developed G7 economies. He is also a former chairman of Goldman Sachs Asset Management and former Conservative government minister. As of January 2014, he is an Honorary Professor of Economics at the University of Manchester. He was appointed Commercial Secretary to the Treasury in the Second Cameron Ministry, a position he held until his resignation on 23 September 2016. He chaired the UK's Independent Review into Antimicrobial Resistance for two years, which completed its work in May 2016. Since 2008, he has written monthly columns for international media organization Project Syndicate. He is the current chairman of the Council of Chatham House, the Royal Institute of International Affairs.

Victoria Sharp British judge

Dame Victoria Madeleine Sharp, is the President of the Queen's Bench Division of the High Court of Justice in England and Wales.

Rishi Sunak British Conservative politician, Chancellor of the Exchequer

Rishi Sunak is a British politician who has been Chancellor of the Exchequer since February 2020. A member of the Conservative Party, he was previously Chief Secretary to the Treasury from July 2019 to February 2020. He has been the Member of Parliament (MP) for Richmond (Yorks) in North Yorkshire since 2015.

Regressive left Pejorative term for overly tolerant left-wing politics

Regressive left is a pejorative term for a branch of left-wing politics that is accused of being accepting of or sympathetic to views that conflict with liberal principles, especially tolerating Islamism.

For the American musician, see Michael Sherwood.

Sir Simon Christopher Townsend Robey is a British investment banker and supporter of cultural organisations.

This is a list of individual liberal and progressive Islamic movements in Europe, sorted by country. See also Islam in Europe and Euroislam.

Richard Menschel is an American investment banker, art collector and philanthropist. He is a (retired) senior director of Goldman Sachs. Through the Charina Endowment Fund and the Charina Foundation, he supports art museums, schools and health charities. He won the 2015 Carnegie Medal of Philanthropy.

Ben Everitt British Conservative politician

Benjamin William Everitt, known as Ben Everitt is a British Conservative Party politician who has served as the Member of Parliament (MP) for Milton Keynes North since the 2019 general election.

2021 United Kingdom budget

The March 2021 United Kingdom budget was a budget delivered by Rishi Sunak, the Chancellor of the Exchequer. It was expected to be delivered in Autumn 2020, but was postponed because of the COVID-19 pandemic. It succeeds the budget held in March 2020, and the summer statement and Winter Economy Plan held in summer and autumn 2020 respectively. The budget is the second under Boris Johnson's government, also the second to be delivered by Sunak and the second since Britain's withdrawal from the European Union.

The Mayor of West Yorkshire is a proposed directly elected mayor responsible for the metropolitan county of West Yorkshire in the United Kingdom. They will chair and lead the West Yorkshire Combined Authority.

2021 West Yorkshire mayoral election

The inaugural West Yorkshire mayoral election will be held on Thursday 6 May 2021 to elect the Mayor of West Yorkshire. It will take place simultaneously on the same day as other local elections across the United Kingdom, including council elections in each of the five metropolitan boroughs of West Yorkshire.

July 2020 United Kingdom summer statement Budget statement

The July 2020 United Kingdom summer statement was a statement from the British Government, or mini-budget statement, delivered on 8 July 2020 by Rishi Sunak, the Chancellor of the Exchequer. It followed the budget delivered earlier in the year, and preceded the Winter Economy Plan. The purpose of the statement was to announce measures aimed at helping to promote economic recovery following the impact of the COVID-19 pandemic. The statement was delivered to the House of Commons, where Sunak unveiled a spending package worth £30bn. Concerns were subsequently raised by organisations including HM Revenue and Customs and the Institute of Fiscal Studies about the statement's impact, as well as its cost-effectiveness, while at least one major retailer declined to take advantage of a financial bonus scheme intended for rehiring employees placed on furlough during the pandemic.

Victoria Susan Robey, Lady Robey, is an American-British arts administrator and former banker.

The Northern Research Group (NRG) is a group founded by a number of Conservative MPs in the United Kingdom who were elected to represent constituencies in northern England, Wales and the Scottish borders in the 2019 general election to pressure government for greater investment in the north. The group is chaired by Conservative Jake Berry, a former Minister of State for the Northern Powerhouse, and is modelled on the European Research Group, a group of MPs dedicated to exiting the European Union. Other members include David Davis, Esther McVey, David Jones and David Mundell, who have also served as ministers in previous Conservative Governments. Gordon Rayner, of The Telegraph, has described the Northern Research Group as "a party within a party" and the "biggest threat to Boris Johnson's authority since he came to power". As of October 2020 the Northern Research Group had 55 members.

References

  1. https://privycouncil.independent.gov.uk/wp-content/uploads/2021/02/2021-02-10-List-of-Business.pdf
  2. 1 2 "Richard Sharp CV" (PDF). Bank of England. Retrieved 6 January 2021.
  3. 1 2 Bell, Alex (23 January 2015). "Getting to the Sharp end of a mysterious central bank". Manchester Evening News. Retrieved 7 January 2021.
  4. 1 2 3 4 5 Frazer, Jenni (27 October 2020). "Leading candidate to be next BBC chair is Jewish banking expert Richard Sharp". Jewish News. Retrieved 6 January 2021.
  5. 1 2 Rajan, Amol (6 January 2021). "Who is Richard Sharp, the BBC's new chairman?". BBC News. Retrieved 6 January 2021.
  6. 1 2 Sampson, Annabel (22 October 2020). "Rishi Sunak's former boss is a hot contender for the BBC chairmanship job". The Tatler. Retrieved 6 January 2021.
  7. 1 2 3 4 "Former banker Richard Sharp to be next BBC chairman". 6 January 2021 via www.bbc.co.uk.
  8. 1 2 Bland, Archie (6 January 2021). "Rishi Sunak's adviser Richard Sharp to be next BBC chair". The Guardian. Retrieved 6 January 2021.
  9. Wall, Tom (25 February 2021). "New BBC chair managed firm that funded controversial property company". The Guardian. Retrieved 25 February 2021.
  10. "BBC's incoming chair to donate £160K salary to charity, inspired by Jewish roots". Jewish News. 15 January 2021. Retrieved 4 February 2021.
  11. Chivers, Tom (16 January 2021). "The Cosy Politics of the BBC Chair". Tribune . Retrieved 18 January 2021.CS1 maint: discouraged parameter (link)
  12. Warrington, James (6 January 2021). "Richard Sharp: Who is the surprise new frontrunner to be BBC chair?". CityAM. Retrieved 17 January 2021.
  13. "BBC licence fee is 'least worst' option, says new chairman Richard Sharp". BBC News. 14 January 2021. Retrieved 14 January 2021.
  14. "Victoria Hull Wed To Richard Sharp". The New York Times. 30 August 1987. Retrieved 6 January 2021.
  15. "The 1000". Evening Standard. 2 October 2008. Retrieved 6 January 2021.
  16. Semmes, Anne W. (22 March 2019). "Robey Brings Honor to Father Via the London Philharmonic". Greenwich Sentinel. Retrieved 6 January 2021.
  17. Oborne, Peter (13 January 2021). "Richard Sharp's donations to Quilliam raise questions about his BBC chairmanship". Middle East Eye . Retrieved 14 January 2021.CS1 maint: discouraged parameter (link)
  18. MEE staff (13 January 2021). "BBC chair donated to Quilliam because he was 'impressed' by Maajid Nawaz". Middle East Eye. Retrieved 9 April 2021.