Loretta Caroline Rose Minghella (born 4 March 1962) is a British charity executive and solicitor. Since 2021, she has served as Master of

Clare College, Cambridge Clare College is a constituent college of the University of Cambridge in Cambridge, England. The college was founded in 1326 as University Hall, making it the second-oldest surviving college of the University after Peterhouse. It was refound ...

, her alma mater. From November 2017, she served as the

First Church Estates Commissioner The Church Commissioners is a body which administers the property assets of the Church of England. It was established in 1948 and combined the assets of Queen Anne's Bounty, a fund dating from 1704 for the relief of poor clergy, and of the Eccle ...

, one of the most senior lay people in the

Church of England The Church of England (C of E) is the established Christian church in England and the mother church of the international Anglican Communion. It traces its history to the Christian church recorded as existing in the Roman province of Britai ...

. From April 2010 to 2017, she was the Chief Executive Officer of

Christian Aid Christian Aid is the relief and development agency of 41 Christian (Protestant, Catholic and Orthodox) churches in the UK and Ireland, and works to support sustainable development, eradicate poverty, support civil society and provide disaster ...

Early life and education

Minghella was born on 4 March 1962 on the

Isle of Wight The Isle of Wight ( ) is a Counties of England, county in the English Channel, off the coast of Hampshire, from which it is separated by the Solent. It is the List of islands of England#Largest islands, largest and List of islands of England#Mo ...

, England, to Edoardo Minghella and Gloria Alberta Minghella. She was one of five children, a brother being director

Anthony Minghella Anthony Minghella, (6 January 195418 March 2008) was a British film director, playwright and screenwriter. He was chairman of the board of Governors at the British Film Institute between 2003 and 2007. He won the Academy Award for Best Directo ...

, whose son Max is an actor. Minghella was educated at Medina High School, a state school in

Newport, Isle of Wight Newport is the county town of the Isle of Wight, an island county off the south coast of England. The town is slightly north of the centre of the island, and is in the civil parish of Newport and Carisbrooke. It has a quay at the head of the na ...

. She studied law at

, graduating with a

Bachelor of Arts Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four year ...

(BA) in 1984. She continued her studies at the

College of Law A law school (also known as a law centre or college of law) is an institution specializing in legal education, usually involved as part of a process for becoming a lawyer within a given jurisdiction. Law degrees Argentina In Argentina, ...

.'MINGHELLA, Loretta Caroline Rose',

Who's Who 2017 ''Who's Who'' is a reference work. It is a book, and also a CD-ROM and a website, giving information on influential people from around the world. Published annually as a book since 1849, it lists people who influence British life, according to i ...

, A & C Black, an imprint of Bloomsbury Publishing plc, 2017; online edn, Oxford University Press, 2016; online edn, Nov 201
accessed 28 June 2017
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Career

From 1985 to 1987, Minghella was an

articled clerk Articled clerk is a title used in Commonwealth countries for one who is studying to be an accountant or a lawyer. In doing so, they are put under the supervision of someone already in the profession, now usually for two years, but previously three ...

at Kingsley Napley. She was admitted as a solicitor in 1987 and continued to work at Kingsley Napley. From 1989 to 1990, she was a legal advisor to the Department of Trade and Industry. From 1990 to 1993, having moved into financial regulation, Minghella was an assistant director of the Securities and Investments Board (SIB). From 1993 to 1998, she was head of enforcement law and policy at the SIB. From 1998 to 2004, she was head of enforcement law, policy and international cooperation for the Financial Services Authority (the successor to the SIB). From 2004 to 2010, she served as Chief Executive of the

Financial Services Compensation Scheme The Financial Services Compensation Scheme (FSCS) is the UK's statutory deposit insurance and investors compensation scheme for customers of authorised financial services firms. This means that FSCS can pay compensation if a firm is unable, or li ...

. In April 2010, Minghella was appointed Director (later Chief Executive) of

. She has also been a

trustee Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility to ...

of the

Disasters Emergency Committee The Disasters Emergency Committee (DEC) is an umbrella group of UK charities which coordinates and launches collective appeals to raise funds to provide emergency aid and rapid relief to people caught up in disasters and humanitarian crises aroun ...

since 2010, and of the St George's House Trust since 2015. As CEO of Christian Aid, she was paid £119,123 in 2011 in the 2011/12

financial year A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...

and £126,072 in 2012/2013. On 28 June 2017, it was announced that Minghella would be the next

, one of the most senior lay people in the

, in succession to Sir Andreas Whittam Smith. She took up the appointment on 1 November 2017. As the First Church Estates Commissioner, she is a member of the Church Commissioners' Board of Governors, the

General Synod of the Church of England The General Synod is the tricameral deliberative and legislative organ of the Church of England. The synod was instituted in 1970, replacing the Church Assembly, and is the culmination of a process of rediscovering self-government for the Church ...

, and the

Archbishops' Council The Archbishops' Council is a part of the governance structures of the Church of England. Its headquarters are at Church House, Great Smith Street, London. The council was created in 1999 to provide a central executive body to co-ordinate and lead ...

. Her main duty is serving as chair of the assets committee of the Church Commissioners which is responsible for managing an

investment portfolio In finance, a portfolio is a collection of investments. Definition The term “portfolio” refers to any combination of financial assets such as stocks, bonds and cash. Portfolios may be held by individual investors or managed by financial pro ...

of £7.9 billion. She will step down in 2021. In November 2020, it was announced that she would the next

Master Master or masters may refer to: Ranks or titles * Ascended master, a term used in the Theosophical religious tradition to refer to spiritually enlightened beings who in past incarnations were ordinary humans *Grandmaster (chess), National Master ...

in succession to Tony Grabiner: she took up the appointment in October 2021.

Personal life

In 1992, Minghella married Christopher Parsons. Together they have two children: one son and one daughter. Minghella is an Anglican Christian. She attends St Barnabas Church,

Dulwich Dulwich (; ) is an area in south London, England. The settlement is mostly in the London Borough of Southwark, with parts in the London Borough of Lambeth, and consists of Dulwich Village, East Dulwich, West Dulwich, and the Southwark half ...

, London.

Honours

In the

2010 New Year Honours The New Year Honours 2010 were announced on 31 December 2009 in the United Kingdom, New Zealand, Cook Islands, Barbados, Grenada, Papua New Guinea, Solomon Islands, Saint Lucia, Belize, Antigua and Barbuda, Saint Christopher and NevisSaint Christ ...

, Minghella was appointed an Officer of the Order of the British Empire (OBE) "for services to the Financial Services Industry". In October 2016, she was made a Sarum Canon of Salisbury Cathedral, "recognising the contribution she has made to the national and worldwide Church".

References

{{DEFAULTSORT:Minghella, Loretta 1962 births Living people British solicitors People from Ryde Alumni of Clare College, Cambridge Alumni of The University of Law Officers of the Order of the British Empire British Anglicans Church Estates Commissioners