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Franck Petitgas, Baron Petitgas
French-British banker and politician (born 1961) From Wikipedia, the free encyclopedia
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Franck Robert Marie Petitgas, Baron Petitgas[1] (born 25 February 1961) is a French banker based in the United Kingdom. Formerly head of international at Morgan Stanley, he was a special adviser on business and investment to former British prime minister Rishi Sunak, and has been a member of the House of Lords since 2024.
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Early life and education
Petitgas was born on 25 February 1961 in Nantes, France, to Victor and Denise Petitgas. He was educated at ESCP Business School in Paris.[2]
Career
Petitgas worked at S. G. Warburg & Co. from 1986 before joining the investment bank Morgan Stanley in 1993.[2][3] He was appointed a co-head of European banking in 2005,[4] and became the firm's head of investment banking in 2007[5] and head of international in 2018.[2] Petitgas retired from Morgan Stanley in November 2022, but stayed on a senior adviser to the company.[6]
Petitgas served as a member of the board of trustees of Tate from 2008 to 2016,[3][7] and was the chairman of the Tate Foundation from 2011 to 2021.[2] He is a collector of contemporary Latin American art.[3]
In April 2023, British prime minister Rishi Sunak appointed Petitgas a special adviser on business and investment while Sunak sought to increase business investment and deliver on the government's economic pledges.[8][9] Petitgas has donated £35,000 to the Conservative Party as of 2024[update].[10][11]
With his wife Amanda, Petitgas owns the historic manor of Bosham in West Sussex, comprising 2,230 acres (900 ha) of Chichester Harbour and its moorings.[6][12]
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Honours
Petitgas was appointed a knight (chevalier) of the Legion of Honour in France's 2012 New Year honours.[13] Nominated by Sunak for a life peerage,[10][14] he was created Baron Petitgas, of Bosham in the County of West Sussex, on 7 March 2024.[15] He sits on the Conservative benches in the House of Lords.[1]
Personal life
Petitgas was formerly married to Catherine Petitgas (née Gex),[2] a fellow French banker and art collector.[16] They married in 1985 and have a son.[2]
References
External links
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