Shriti Vadera, Baroness Vadera

Shriti Vadera, Baroness Vadera

Ugandan-born British banker and life peer (born 1962)

Shriti Vadera, Baroness Vadera, (born 23 June 1962) is a Ugandan-born British former investment banker and government minister who has been chair of Prudential plc since January 2021, having joined the board in May 2020. She served in the government of Gordon Brown in the Cabinet Office, Department for Business, Innovation and Skills and Department for International Development.2

From Wikipedia’s article on Shriti Vadera, Baroness Vadera (this version), CC BY-SA 4.0.

Born Jun 23, 1962.1

About

She was chair of Santander UK from March 2015 to October 2020, the first woman to head a major British bank.

From Wikipedia’s article on Shriti Vadera, Baroness Vadera, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • Date not recordedNorthwood College3
  • Date not recordedSomerville College3

Vadera was born in Uganda in 1962 to Indian Gujarati parents.

She is from a family who owned a small tea plantation but fled to India in 1972 following the Ugandan government's expulsion of Ugandan Asians, and then later to the UK. She was educated at Northwood College before taking a degree in Philosophy, Politics, and Economics at Somerville College, Oxford.

From Wikipedia’s article on Shriti Vadera, Baroness Vadera (this version), CC BY-SA 4.0.

Career

Occupation: politician, economist, banker, merchant banker.6

  • Since 2021Chair, Prudential plc5
  • Since 2007Member of the House of Lords4
  • Date not recordedParliamentary Under-Secretary of State for International Development4

For over 14 years Vadera was employed at investment bank UBS Warburg, where her work included advising governments of developing countries, and debt relief and restructuring. She also played a role in the partial privatisation of South African Telecom.

Corporate boards

Prudential plc, Non-Executive Chair (since 2021)

Santander UK, Non-Executive Chair (2015–2020)

BHP, Non-Executive Member of the Board of Directors (2010–2020)

AstraZeneca, Non-Executive Member of the Board of Directors (2010–2018)

From Wikipedia’s article on Shriti Vadera, Baroness Vadera (this version), CC BY-SA 4.0.

Personal life

  • BornJun 23, 1962, Uganda7
  • CitizenshipUnited Kingdom8

Politics

In April 2010, the Financial Times reported that Vadera had taken up a consultancy to give strategic advice in restructuring Dubai World's US$26 billion debt. In July, the Daily Telegraph reported Vadera had become consultant to Singaporean investment company Temasek.

In 2019, Vadera was mentioned by British news media as a candidate to succeed Mark Carney as Governor of the Bank of England.

In 2021, Vadera was appointed chair of the Royal Shakespeare Company, the first woman and person of colour in the role.

In 2023, the World Bank's president Ajay Banga appointed Vadera as co-chair – alongside Mark Carney – of the Private Sector Investment Lab.

From Wikipedia’s article on Shriti Vadera, Baroness Vadera (this version), CC BY-SA 4.0.

Awards

  • 2016BBC 100 Women9 10

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11