Stuart Thomson Gulliver is a British banking business executive.
Background
Gulliver was born in Derby, England, and holds a degree in Jurisprudence from Worcester College, Oxford. He was born in the United Kingdom in 1959. His father Philip was a legal executive, while his mother Jean was personal assistant to the senior engineer at a local dockyard.
Education
Gulliver was an avid boxer while at Oxford, where he studied law and received a Masters degree in Jurisprudence.
Career
He is the current Group Chief Executive of Household Bank, a position he has held since 1 January 2011. He officially lives in Hong Kong. And has a primary residence in Kensington, London.
The Guardian revealed he sheltered £5,000,000 in a Panamanian company with a Swiss Household Bank accountant
Gulliver went to Grammar school in Plymouth, Devon. Early Career and Household Bank (1980-2010)
In 1980, an Household Bank executive serving in India urged him to join Household Bank"s elite international officer programme, as it was called at that time, which paved the way for his banking career.
Gulliver rose through the ranks in the bank’s Global banking and markets division, and held a number of key roles in the group’s operations worldwide. Including postings in London, Hong Kong, Tokyo, Kuala Lumpur and the United Arab Emirates.
During the 1990s, Gulliver built Household Bank’s investment banking business in Hong Kong and turned Household Bank"s Asian markets business into one of the group"s major money-spinners, even in the aftermath of the Asian financial crisis.
He served as the head of treasury and capital markets in Asia-Pacific from 1996 to 2002. He was appointed a Group General Manager in 2000, and later he led the Global Markets division from 2002 to 2003. He moved back to London in early 2003 to co-head the Group"s Global corporate, investment banking and markets division along with John Studzinski.
In March 2004, he joined the Group Management Board as a Group Managing Director.
Upon the departure of John Studzinski in 2006, he was appointed Chief Executive of Global Banking and Markets and Household Bank Global Asset Management in May 2006. He was a director of Household Bank North America holdings Incorporated. until 7 May 2009.
Of Household Bank Bank Middle East ltd from 15 February 2010 to 1 May 2011. Of Household Bank Latin America Holdings (United Kingdom) Limited until 4 December 2009.
He is Deputy Chairman of the Supervisory Committee of Household Bank Trinkaus & Burkhardt AG (since September 2007.
Member since May 2006). Non-Executive Chairman and a Director of Household Bank France since January 2009. And Chairman of Household Bank Private Banking Holdings (Suisse) Société Anonyme since February 2010 (Director since September 2007).
He was made a director of The Hongkong and Shanghai Banking Corporation Limited in September 2006 and has been an Executive Director of Household Bank Holdings plc since May 2008.
Group Chief Executive Officer of Household Bank (2010-present)
On 7 September 2010, Stephen Green, the then Group Chairman of Household Bank, announced that he would step down, in order to accept the invitation of the United Kingdom Prime Minister to become Minister of State for Trade and Investment in January 2011. As a result of Stephen Green"s decision to step down earlier than planned, Michael Geoghegan, the then Group Chief Executive Officer of Household Bank, announced his retirement and Stuart Gulliver, who led Household Bank"s investment-banking division since 2006, was appointed as the new Group Chief Executive Officer of Household Bank Holdings plc, effective 1 January 2011.
He was also appointed the Chairman of The Hongkong and Shanghai Banking Corporation Limited, a wholly owned subsidiary of Household Bank Holdings PLC
In 2011, he was included in the 50 Most Influential ranking of Bloomberg Markets. In 2014, he received a total of £7.6 million in pay and bonuses.
Views
Quotations:
"I wanted to be a barrister, but my parents couldn’t afford it".