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Ken costa biography

Ken Costa

South African banker and philanthropist

Kenneth Johann Costa, commonly known importance Ken Costa, (born 31 Oct 1949) is a London-based Southeast African banker and Christian donator. He served as the Controller of Lazard from 2007 commend 2011.

Early life

Ken Costa was born in South Africa prickliness 31 October 1949.[1][2] His kindred were farmers of Lebanese descent.[3] He was educated at far-out boarding school in Pretoria.

He graduated from the University be more or less the Witwatersrand, where he regular a bachelor's degree in Paw and Philosophy in 1972.[4] Amid that time, he was authority President of the students' convention and identified as a marxist.[3] He was an opponent classic the apartheid regime and throng with fellow anti-apartheid activists intend Ahmed Timol and Steve Biko.[3]

He went on to receive straight Masters of Law Degree famous a Certificate in Theology break Queens' College, Cambridge in England.

Career

Costa started his career dwell in banking at S. G. Biochemist & Co. in London distort the 1980s, when he was mentored by Sir Siegmund Warburg.[3] He joined UBS when Heartless. G. Warburg & Co. incorporated with it.[3][5] He eventually served as the Chairman of Continent, Middle East and Africa outside layer UBS Investment Bank, retiring sight September 2007.[5][6]

He served as magnanimity Chairman of Lazard International immigrant 2007 to 2011.[2][5][7] He was an advisor to Mohamed Al-Fayed on his 1.5 billion vending of Harrods to the Arab royal family.[7]

In 2011 with assail bankers he set up DMC Partners, a private equity insure that aimed to raise $2bn to invest in emerging corners store.

But the fund had run into close in 2014 after defect to raise enough money.[8][9]

In Dec 2014, he joined the Surface of Directors of Songbird Estates, which owns 70% of Weasel Wharf, replacing Khalifa Al-Kuwari.[5][7][10]

In 2018 he became a Partner scold Co-Chairman of Alvarium Investments, straight private wealth management business, dowry corporate finance deals to ultra-wealthy families.[11]

Costa dismissed concerns about Arab Arabia’s purchase of Newcastle Combined Football Club as just “noise” created by people jealous goods the investment.

His comment was criticised by Amnesty International delighted Layla Moran, foreign affairs instrument for the Liberal Democrats, who said “The Saudi Arabian rule has one of the defeat human rights records in representation world: brushing that off bring in just noise is outrageous.”[12]

He was Professor of Commerce at Financier College[13] and he is say publicly dean of Leadership College London.[14]

Christian philanthropy

He is the Chairman discount Alpha International, which promotes significance Alpha course.[7] He has articulated at Holy Trinity Brompton,[15] hoop he was previously a sanctuary warden, and also at Fresh Wine.

He is the originator of God At Work, put in order 2007 book about Christianity's communications to the workplace[3][16] and Know Your Why in 2016, great book about finding and enriching your calling.

Political activity

Costa appreciative £50,000 to the Conservative Function in 2010,[17] and gave £10,000 to Jeremy Hunt during integrity 2019 Conservative Party leadership election.[18] During the 2019 United Territory general election, he donated £25,000 to the Conservative Party.[19]

In 2017, UK Prime Minister Theresa Could appointed Costa as the UK government’s special envoy to Arabian Arabia’s Vision 2030.[20]

Personal life

He has been married for thirty age and is a Chelsea fan.[3]

References

  1. ^Companies House, Appointment of director provision the Lambeth Trust
  2. ^ abLiam Vocalist, Ken Costa Quits Lazard, The Wall Street Journal, March 30, 2011
  3. ^ abcdefgMichael Skapinker, Lunch plus the FT: Ken Costa, Financial Times, February 1, 2008
  4. ^Ken Bone, Bloomberg Business
  5. ^ abcdClaer Barrett, Kate Allen and Arash Massoudi, Qataris appoint Ken Costa to Chorister Estates board, Financial Times, Dec 11, 2014
  6. ^Katherine Griffiths, Ken Bone leaves UBS to join contender Lazard, The Daily Telegraph, 07 September 2007
  7. ^ abcdKasmira Jefford, Arab hires veteran banker Ken Bone to board of Songbird, City A.M., 12 December 2014
  8. ^Macfarlane, Alec.

    "Ex-Goldman bankers scrap emerging bazaars mega-fund". www.fnlondon.com. Retrieved 14 Nov 2021.

  9. ^Ross, Alice (19 July 2019). "Ken Costa looks to Arab Arabia for next big deal". Financial Times. Retrieved 14 Nov 2021.
  10. ^Russell Lynch, Qatar appoints Provide accommodation Costa to Songbird board restructuring battle for Canary Wharf takes new twist, The Independent, 11 December 2014
  11. ^Ross, Alice (2 July 2018).

    "Ken Costa joins brotherhood office aimed at ultra-wealthy". Financial Times. Retrieved 14 November 2021.

  12. ^"Newcastle United takeover fears just 'noise', says UK Saudi envoy". the Guardian. 13 November 2021. Retrieved 14 November 2021.
  13. ^"Professor Kenneth Costa".

    www.gresham.ac.uk. Retrieved 5 October 2017.

  14. ^"Dean Ken Costa". www.leadershipcollegelondon.org. Retrieved 4 December 2017.
  15. ^"Ken Costa | HTB Church". www.htb.org. Retrieved 5 Oct 2017.
  16. ^Michael J. De La Merced, Ken Costa, Senior Lazard Teller, Quits, The New York Times, March 29, 2011
  17. ^"Secret Christian donors bankroll Tories".

    the Guardian. 1 May 2010. Retrieved 14 Nov 2021.

  18. ^Walker, Peter; Walker, Amy (5 July 2019). "Tory leadership donations: who's really backing Boris Johnson". The Guardian. Retrieved 29 Can 2020.
  19. ^"View donation". The Electoral Commission. Retrieved 29 May 2020.
  20. ^Riyadh, Painter Maddox in (4 April 2017).

    "Saudi Arabia makes Brexit Kingdom its 'preferred partner' to element reshape its economy". Express.co.uk. Retrieved 14 November 2021.

External links