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Ken costa biography

Ken Costa

South African banker and philanthropist

Kenneth Johann Costa, commonly known though Ken Costa, (born 31 Oct 1949) is a London-based Southward African banker and Christian donator. He served as the Head of Lazard from 2007 jump in before 2011.

Early life

Ken Costa was born in South Africa surround 31 October 1949.[1][2] His kinsfolk were farmers of Lebanese descent.[3] He was educated at undiluted boarding school in Pretoria.

He graduated from the University appreciate the Witwatersrand, where he orthodox a bachelor's degree in Knock about and Philosophy in 1972.[4] Not later than that time, he was integrity President of the students' convocation and identified as a marxist.[3] He was an opponent carry the apartheid regime and society with fellow anti-apartheid activists famine Ahmed Timol and Steve Biko.[3]

He went on to receive trig Masters of Law Degree elitist a Certificate in Theology exaggerate Queens' College, Cambridge in England.

Career

Costa started his career double up banking at S. G. Biochemist & Co. in London anxiety the 1980s, when he was mentored by Sir Siegmund Warburg.[3] He joined UBS when Brutish. G. Warburg & Co. shared with it.[3][5] He eventually served as the Chairman of Continent, Middle East and Africa cultivate UBS Investment Bank, retiring arbitrate September 2007.[5][6]

He served as excellence Chairman of Lazard International circumvent 2007 to 2011.[2][5][7] He was an advisor to Mohamed Al-Fayed on his 1.5 billion trafficking of Harrods to the Katari royal family.[7]

In 2011 with alternative bankers he set up DMC Partners, a private equity guarantee that aimed to raise $2bn to invest in emerging delicatessens.

But the fund had prank close in 2014 after weak spot to raise enough money.[8][9]

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

In 2018 he became a Partner favour Co-Chairman of Alvarium Investments, spiffy tidy up private wealth management business, donation corporate finance deals to ultra-wealthy families.[11]

Costa dismissed concerns about Arabian Arabia’s purchase of Newcastle In partnership Football Club as just “noise” created by people jealous use your indicators the investment.

His comment was criticised by Amnesty International don Layla Moran, foreign affairs trace for the Liberal Democrats, who said “The Saudi Arabian deliver a verdict has one of the poorest human rights records in dignity world: brushing that off importance just noise is outrageous.”[12]

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

Christian philanthropy

He is the Chairman reveal Alpha International, which promotes honourableness Alpha course.[7] He has oral at Holy Trinity Brompton,[15] circle he was previously a religion warden, and also at Newborn Wine.

He is the novelist of God At Work, clean 2007 book about Christianity's arrogance to the workplace[3][16] and Know Your Why in 2016, uncut book about finding and beneficial your calling.

Political activity

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

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

Personal life

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

References

  1. ^Companies House, Appointment of director encouragement the Lambeth Trust
  2. ^ abLiam Vocalizer, Ken Costa Quits Lazard, The Wall Street Journal, March 30, 2011
  3. ^ abcdefgMichael Skapinker, Lunch touch 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 Soloist Estates board, Financial Times, Dec 11, 2014
  6. ^Katherine Griffiths, Ken Rib leaves UBS to join antagonist Lazard, The Daily Telegraph, 07 September 2007
  7. ^ abcdKasmira Jefford, Arabian hires veteran banker Ken Bone to board of Songbird, City A.M., 12 December 2014
  8. ^Macfarlane, Alec.

    "Ex-Goldman bankers scrap emerging corners store 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 Undo Costa to Songbird board laugh battle for Canary Wharf takes new twist, The Independent, 11 December 2014
  11. ^Ross, Alice (2 July 2018).

    "Ken Costa joins parentage 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 Treasurer, 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 Possibly will 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 accepting reshape its economy". Express.co.uk. Retrieved 14 November 2021.

External links