The Lord Leitch | |
Honorific Prefix: | The Right Honourable |
Office: | Member of the House of Lords Lord Temporal |
Term Start: | 7 June 2004 Life Peerage |
Birth Date: | 1947 10, df=y |
Birth Place: | Fife, Scotland |
Nationality: | British |
Party: | Labour |
Occupation: | Peer and businessman |
Alexander Park Leitch, Baron Leitch (born 20 October 1947)[1] is Group Chairman of FNZ, a global wealth management technology platform, and is a British Labour peer.
Leitch was born in 1947. He was educated at Dunfermline High School and was offered a place to read chemistry at university at just 16 years of age.[1] However, he turned his place down and instead headed to London to work in the IT department of an insurance company.
In 1965, Sandy started his career as a computer programmer, writing the first ever UK life assurance ‘search engine’ program in 1967. He remained in the insurance industry throughout his early career, rising to become Chief Executive of Allied Dunbar, Executive Chair of Eagle Star and Threadneedle Asset Management before they were eventually merged with Zurich Financial Services in 1998. He was then appointed as a Chief Executive of Zurich Financial Services. He retired in 2004.
Leitch became a life peer as Baron Leitch, of Oakley in Fife on 7 June 2004[2] having demonstrated his commitment to public service as chair of the National Employment Panel for over six years.
He authored the Leitch Review of Skills which was published on 5 December 2006. The objective of the review was "to identify the UK's optimal skills mix for 2020 to maximise economic growth, productivity and social justice, set out the balance of responsibility for achieving that skills profile and consider the policy framework required to support it."[3]
In 2017 he set up the ‘What Is More?’ Foundation,[4] to encourage spiritual and multi-faith debate. He also became a patron of the Stroke Association and the Medical Aid Films Charity where he was formerly founding Chairman.
He is a firm campaigner and champion for employee volunteering and workplace diversity. He is also a passionate supporter of organisations that aim to make a positive difference across a wide range of areas.
Lord Leitch was Deputy Chair of Business in the Community and has received the Prince of Wales Ambassador award for charity work.
Leitch is currently Group Chairman at FNZ, the global wealth management technology platform which partners with over 800 financial institutions and 8,000 wealth management firms. He was appointed to this role in 2013, and has seen the company’s market value grow from $200 million to $20 billion over his tenure.
Leitch was previously founder and Chairman of Intrinsic Financial Services. Additionally, he was chairman at Scottish Widows plc, deputy chairman at Lloyds Banking Group plc, and on the Board of Old Mutual Wealth. He was a Trustee of the Lloyds Banking Group Charitable Foundation.
He was Chancellor of Carnegie College, chairman of a new think tank called ‘The Centre for Modern Families’ and strategic adviser to a Prince of Wales charity called PRIME.[5]
His past roles include:
Leitch is described as a "confidante" of Gordon Brown.[1] Gordon Brown once commented, “Many people who have not had the privilege of knowing Sandy and many people who may not even know his name, have led more fulfilled lives as a result of all he has done and achieved.”
He is married to Noelle (a USA and Swiss citizen). He has three daughters from his first marriage, and a young daughter and two sons from his second.[1]
He is a keen follower of his local Scottish football team Dunfermline Athletic.
He collects antiquarian books, Scottish art and antiques. He writes and paints as an amateur. He continues to explore spirituality.
He is a Freeman of the City of London. He has an honorary doctorate in business administration and a fellowship from Carnegie College.