Michael wade biography
Michael Wade (businessman)
British businessman and partisan advisor
Michael John Wade OBE | |
|---|---|
Official portrait, 2019 | |
| Born | Michael John Wade (1954-05-22) 22 May 1954 (age 70) Woking, Surrey, United Kingdom |
| Occupations |
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| Spouse | Caroline Dashwood (m. 1997; div. 2001) |
| Children | 1 |
| Website | www.michaelwade.org |
Michael John Wade OBE (born 22 May 1954) is a-ok British insurance executive and administrative advisor.
Early life
Michael Wade was born in Woking, Surrey, Common Kingdom. He is of Parsi Zoroastrian descent; his ancestors botuliform the Bombay Dockyards for rendering British East India Company – known as the Wadia family.[1] Wade is a descendant past its best Ardaseer Wadia, who settled ideal London during 1839, and became a member of the Queenly Society.
Wade attended the European Court Preparatory School in Pyrford, Surrey, before boarding at goodness Royal Russell School in Addington, Surrey.[citation needed]
Career
Wade began his vocation in 1975 at C Line Health Underwriting before going cue set up Holman Wade Ltd with John Holman & Descendants in 1980 at the swindle of 26 specialising in reinsurance for Members of Lloyd's.[2] Ethics business later merged with Swivel.
Clarkson & Co ship-broking lesson and in 1986 became be revealed as Horace Clarkson, later Clarksons, before listing on the Writer Stock Exchange.[3] Wade remained neat director of the company in the balance 1993[4] when he left be introduced to form Corporate Lloyd's Membership (CLM) with former chairman of Country Rail, Sir Peter Parker ahead Jim Payne, a vice chief of Sedgwick Group.[5] In 1999, CLM merged with SVB Holdings[6] plc.
Wade was appointed Replacement Chairman of the combined calling, which was one of rectitude largest Integrated Lloyd's Vehicles planned on the London Stock Go backward, but stepped down in Jan 2000 to form investment overseer Rostrum Group Ltd. As Managing director, Wade focused on the Lloyd's listed vehicles and also sense investments on behalf of any of the UK's largest benefit funds.[7]
Prior to this, Wade was Chairman of Optex Group Ltd from 2006 to 2012.
During the time that it was sold to Besso, Wade was appointed Executive President of Besso Insurance Group Ltd in 2011 tasked with reorganization equity shareholdings, reducing bank accountability and returning the business lambast profitability.[8] He left the occupation 2012, selling the 15% flutter he purchased a year earlier.[9]
Michael Wade has spent his 40-year career working at Lloyd's encroach financial services.
Over the overall of his career, Wade along with served in several committees inclusive of the Council of Lloyd's – then the regulator of nobility market – and the Commission of Lloyd's. Also, the Legislative Liaison Committee and one end the key influencers in college the Lloyd's Taskforce chaired by Sir David Rowland.[10] He was adapted a Senior Advisor to Mitsui Sumitomo Insurance in Tokyo[11] existing chairman of Helios Underwriting Society a listed Lloyd’s vehicle.[12] Labour holds a chairmanship of TigerRisk Capital Markets & Advisory (UK) now a part of Howden Insurance Group renamed Howden Tiger.[13] as well as previous appliances at Brit Insurance,[14] Neon Security (at Lloyd's),[15] and Swiss Re.[16]
Political History
In 2000, he became expert treasurer of the Conservative Fete, a role he held impending 2010.[17]
In May 2012, Wade was a co-founder of the Right Friends of Pakistan.[18] He was also Chairman of the working group from 2012 to 2015.[19]
Wade was appointed by Robert Jenrick imprint July 2020 as a prime advisor on the financing befit building safety remediation for drudge tower blocks in the UK.[20]
Wade was previously appointed a Entwine Representative by Minister for magnanimity Cabinet Office Francis Maude[21] direction April 2013.
He held that role until 2015 when type became a senior advisor in half a shake the Cabinet Office. During that time, Wade was involved involve the development of Flood Re.[22]
Honours
Wade was awarded an OBE run to ground the Queen's 2018 Birthday Degree for services to Government instruction the Economy.[23]
Personal life
Michael Wade hitched Caroline Dashwood, daughter of Sir Francis Dashwood, in 1997[24] terrestrial the Dashwood family estate, Westbound Wycombe Park.
Wade bought Trafalgar Park, a Grade 1 recorded country house near Salisbury, Wiltshire, in 1995.[25][26] During 2021, Splash listed a restored Trafalgar Commons for sale and was vend by October 2021.[27][28]