Background
Gerard Lee Bevan was born on 9 November 1869. He was the fourth son of Francis Bevan, chairman of Barclays Bank from 1896 to 1916.
- Photos
- Works
- Photos
- Works
Gerard Bevan
Edit ProfileEducation
He was educated at Eton and Trinity College, Cambridge.
Career
Bevan had "magnetic charm" and became a stockbroker with Ellis & Company, an old-established and reputable City firm. He was very successful and highly respected until his "crash" in the 1920s. He was chairman of the City Equitable Fire Insurance Company
In a major 1925 court case, Re City Equitable Fire Insurance Company, the company lost £1,200,000 in failure of investments and the large scale fraud of the chairman, ‘a daring and unprincipled scoundrel’.
The liquidator sued the other directors for negligence. The auditors were sued too, but the Court of Appeal held they were honest and exonerated by provisions in the company’s articles
-
Born
-
Died
April 24, 1936 (aged 66) -
Nationality
British