Garrett-Cox speaks at the World Economic Forum in 2019

Katherine Lucy Garrett-Cox CBE (born November 1967) is a British business executive. She is the managing director and CEO of the UK subsidiary for the Gulf International Bank of Bahrain.[1] She was previously CEO of Alliance Trust, a FTSE 250 publicly traded investment and financial services company, headquartered in Dundee, Scotland.

Early life

Katherine Lucy Garrett-Cox was born in November 1967.[2] She was educated at St Mary's School, Ascot[3] and studied History at Durham University (St Mary's College), graduating with a BA degree in 1989.[4]

Career

Garrett-Cox joined Alliance Trust as chief investment officer in 2007, becoming CEO on 29 August 2008.[5] Prior to Alliance Trust PLC, Katherine served as chief investment officer and executive director of Morley Fund Management, now Aviva Investors, and prior to that, as chief investment officer of Aberdeen Asset Management PLC.

In October 2015, a row with activist investors Elliott Advisors resulted in Garrett-Cox stepping down from the Alliance Trust board. The activist investors argued that the company's performance had been poor and that changes to the board were necessary. This row was slightly offset in April 2015 when Alliance agreed to appoint two of the three board member candidates recommended by Elliott, however ultimately, an agreement was in place to review the board situation in Autumn 2015. Garrett-Cox still occupies the position of chief executive at Alliance, and this move puts her back in a fund management role rather than a role running the wider business.[6]

Garrett-Cox also serves as a member of the supervisory board of Deutsche Bank AG. She served as a member of the UK Prime Minister's Business Advisory Group from 2012-15 and the Scottish Business Board, chaired by the Secretary of State for Scotland during the same period.

Personal life

Garrett-Cox's husband Jeremy is Scottish, and they have four children together: Cosmo, Alec, Millie and Cora. They live in rural Angus.[7]

Honours and awards

In 2014, she was made a Commander of the Order of the British Empire (CBE), "For services to the Asset Management Industry and charitable service through the Baring Foundation."

References

  1. ↑ "GIB appoints Katherine Garrett-Cox as Managing Director and Chief Executive Officer of its UK subsidiary - Gulf International Bank". www.gib.com. Retrieved 20 March 2018.
  2. ↑ "Alliance Trust plc". Companies House. Retrieved 10 August 2015.
  3. ↑ Agnew, Harriet; Jenkins, Patrick (16 January 2015). "London: Sexism and the City". Financial Times. Retrieved 20 March 2018.
  4. ↑ "New Year Honours 2014". Dunelm Magazine (1): 10. 2015. Retrieved 8 November 2018.
  5. ↑ "Katherine Lucy Garrett-Cox CBE, BA (Hons), ASIP". Bloomberg. Retrieved 24 March 2015.
  6. ↑ "Katherine Garrett-Cox steps down from Alliance Trust's board". Daily Telegraph. 1 October 2015.
  7. ↑ Ashton, James (22 November 2013). "Alliance Trust's Katherine Garrett-Cox: How the City high-flyer upped sticks to raise a northern star". Evening Standard. Retrieved 24 March 2015.
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