Sir ''Sir'' is a formal honorific address in English for men, derived from Sire in the High Middle Ages. Both are derived from the old French "" (Lord), brought to England by the French-speaking Normans, and which now exist in French only as part ...

Michael Berry Savory (born 1943) was

Lord Mayor of London The Lord Mayor of London is the Mayors in England, mayor of the City of London, England, and the Leader of the council, leader of the City of London Corporation. Within the City, the Lord Mayor is accorded Order of precedence, precedence over a ...

for 2004–2005. Savory was elected to Common Council in 1980 and as an

Alderman An alderman is a member of a Municipal government, municipal assembly or council in many jurisdictions founded upon English law with similar officials existing in the Netherlands (wethouder) and Belgium (schepen). The term may be titular, denotin ...

in 1996. He served as

Sheriff A sheriff is a government official, with varying duties, existing in some countries with historical ties to England where the office originated. There is an analogous, although independently developed, office in Iceland, the , which is common ...

in 2001–2002 and 677th

Lord Mayor Lord mayor is a title of a mayor of what is usually a major city in a Commonwealth realm, with special recognition bestowed by the sovereign. However, the title or an equivalent is present in other countries, including forms such as "high mayor". A ...

in 2004–2005. He is currently Managing Partner of the

Muckleburgh Collection The Muckleburgh Collection is a military museum sited on a former military camp at Weybourne, on the North Norfolk coast, England. It was opened to the public in 1988 and is the largest privately owned military museum in the United Kingdom. Hi ...

in North Norfolk.

Knight A knight is a person granted an honorary title of a knighthood by a head of state (including the pope) or representative for service to the monarch, the church, or the country, especially in a military capacity. The concept of a knighthood ...

ed in the

2006 New Year Honours The New Year Honours 2006 in some Commonwealth realms were announced (on 31 December 2005) in the United Kingdom, New Zealand, Grenada, the Solomon Islands, Tuvalu, Saint Vincent and the Grenadines, Belize, and Saint Christopher and Nevis to c ...

for "services to the City of London", Sir Michael was a

City A city is a human settlement of a substantial size. The term "city" has different meanings around the world and in some places the settlement can be very small. Even where the term is limited to larger settlements, there is no universally agree ...

stockbroker A stockbroker is an individual or company that buys and sells stocks and other investments for a financial market participant in return for a commission, markup, or fee. In most countries they are regulated as a broker or broker-dealer and ...

for forty years and has been Master of two

Livery Companies A livery company is a type of guild or professional association that originated in medieval times in London, England. Livery companies comprise London's ancient and modern trade associations and guilds, almost all of which are Style (form of a ...

Early life

Savory was born in

Ayr Ayr ( ; ; , meaning "confluence of the River Àir"), is a town situated on the southwest coast of Scotland. A former royal burgh, today it is the administrative centre of South Ayrshire Council, and the historic county town of Ayrshire. With ...

, Scotland, in 1943. His parents emigrated with him from Norfolk to

Southern Rhodesia Southern Rhodesia was a self-governing British Crown colony in Southern Africa, established in 1923 and consisting of British South Africa Company (BSAC) territories lying south of the Zambezi River. The region was informally known as South ...

when he was quite small, but in 1956 he returned to Britain to attend

Harrow School Harrow School () is a Public school (United Kingdom), public school (English boarding school for boys) in Harrow on the Hill, Greater London, England. The school was founded in 1572 by John Lyon (school founder), John Lyon, a local landowner an ...

Career

Savory trained as a stockbroker in New York, after which he joined the family firm of Foster & Braithwaite in 1963, where he specialised in research, fund management and corporate finance. In 1967 he became a partner in the firm, and also became a member of the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

. He became joint senior partner of the firm in 1975, and he remained with the firm until 1989, when the firm was taken over by a French company, whereupon Savory joined the

Midland Bank Midland Bank plc was one of the Big Four (banks)#United Kingdom, Big Four banking groups in the United Kingdom for most of the 20th century. It is now part of HSBC. The bank was founded as the Birmingham and Midland Bank in Union Street, Birming ...

, becoming chairman of Stockbroker Services at the HSBC. He retired in 2005.

Other landmarks

Savory is an Associate of the Society of Investment Professionals, and also a Fellow of the

Securities & Investment Institute The Chartered Institute for Securities & Investment (CISI) is a professional body for members of the financial and investment profession. It offers qualifications and resources for professional development, as well as setting standards of conduct ...

. He was chairman of BT Batsford, book publishers; and of Terrafix land navigation systems; and he was also chairman of ProShare, which promotes financial education.

Work with charities

In 2006, Savory became Chief Executive of

Young Enterprise Young Enterprise is a British charity that specialise in providing enterprise education and financial education to young people. Young Enterprise works directly with young people, teachers, volunteers, and influencers with aim of building a suc ...

UK which provides enterprise education to schools throughout the country. For over thirty years he had been a member of the Executive Council of the

Soldiers, Sailors, Airmen and Families Association SSAFA, the Armed Forces charity, also known as the Soldiers', Sailors', and Airmen's Families Association, is a UK charity that provides trusted support to serving men and women and veterans from the British Armed Forces and their families or dep ...

(SSAFA). He was also a member of the Council of

The Royal National Mission to Deep Sea Fishermen Fishermen's Mission (since 2014), officially The Royal National Mission to Deep Sea Fishermen (RNMDSF), is a British charitable organisation founded in 1881 to help those working in the UK's fishing industry. The charity, which is run on Christia ...

, and also a trustee of the Hull Fishermens Widows and Orphans Fund for many years.

City of London

In 1964, Savory was elected a

liveryman A livery company is a type of guild or professional association that originated in medieval times in London, England. Livery companies comprise London's ancient and modern trade associations and guilds, almost all of which are styled the "Wors ...

of the

Poulters' Company The Worshipful Company of Poulters is one of the Livery Companies of the City of London. In 1368, the organisation received the power to regulate the sale of poultry, swans, pigeons, rabbits and small game. The company, which was incorporated un ...

, and he became its Master in 1996. In 1988 he became a liveryman of the

Clockmakers' Company The Worshipful Company of Clockmakers was established under a Royal Charter granted by King Charles I in 1631. It ranks sixty-first among the livery companies of the City of London, and comes under the jurisdiction of the Privy Council. The ...

, and its Master in 1997. He is a freeman of the

Goldsmiths' Company The Worshipful Company of Goldsmiths (commonly known as ''The Goldsmiths' Company'' and formally styled ''The Wardens and Commonalty of the Mystery of Goldsmiths of the City of London''), is one of the Great Twelve Livery Companies of the City ...

and of the

Gunmakers' Company The Worshipful Company of Gunmakers, which oversees the work of the London Proof House, is one of the 113 livery companies of the City of London. History The Gunmakers' Company received its royal charter of incorporation in 1637 during the r ...

. He is a past liveryman of the

Information Technologists' Company The Worshipful Company of Information Technologists, also known as the Information Technologists' Company, is one of the livery companies of the City of London. The company was granted livery status by the Court of Aldermen on 7 January 1992, ...

, and past member of the Guild of Freemen and the

City Livery Club City Livery Club is a members-only club in the City of London, which was established in June 1914. It is based at Bell Wharf Lane, Upper Thames Street, London EC4R 3TB, in the City of London, a site that it shares with the Little Ship Club. Th ...

. Savory was elected to the

Court of Common Council The Court of Common Council is the primary decision-making body of the City of London Corporation. It meets nine times per year. Most of its work is carried out by committees. City of London Corporation elections , Elections are held at least eve ...

of the City of London in 1980 becoming an Alderman for the Ward of

Bread Street Bread Street is one of the 25 Wards of the City of London, wards of the City of London, the name deriving from its principal street, which was anciently the city's bread marketplace, market; already named ''Bredstrate'' (to at least 1180) for by ...

in 1996. He has served on all the principal Committees, and was Sheriff in 2001–2002, Lord Mayor in 2004–2005, and later received a knighthood for his services to the City of London. He was a founding member of the Broad Street Ward Club and served as its chairman in 1981. He was also a churchwarden of the parish church of

St Margaret Lothbury St Margaret Lothbury is a Church of England parish church on Lothbury in the City of London; it spans the boundary between Coleman Street Ward and Broad Street Ward. Recorded since the 12th century, the church was destroyed in the Great Fire of ...

Family

Michael was married in 1992 and has two daughters. His interests include farming and field sports and he owns a large collection of military vehicles, on display at the

, in North Norfolk, which he founded with his father, Squadron Leader Berry Savory, in 1988.

References

{{DEFAULTSORT:Savory, Michael 1943 births Living people 21st-century lord mayors of London People educated at Harrow School Knights Bachelor Knights of Justice of the Order of St John