Sir Richard John Broadbent (born 22 April 1953 Debretts
Richard Broadbent's Biography
) is a British businessman.

Early life

Born in 1953, he studied at

Queen Mary, University of London , mottoeng = With united powers , established = 1785 – The London Hospital Medical College1843 – St Bartholomew's Hospital Medical College1882 – Westfield College1887 – East London College/Queen Mary College , type = Public researc ...

, and completed an MA at

Manchester University , mottoeng = Knowledge, Wisdom, Humanity , established = 2004 – University of Manchester Predecessor institutions: 1956 – UMIST (as university college; university 1994) 1904 – Victoria University of Manchester 1880 – Victoria Unive ...

Career

Broadbent joined

HM Treasury His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and ec ...

in 1975.''

The Guardian ''The Guardian'' is a British daily newspaper A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide ...

'', 11 May 2011
Tesco appoints financier Sir Richard Broadbent as chairman
/ref> He spent ten years at the Treasury, including periods as Private Secretary to both Labour and Conservative Party ministers. He took up a Harkness Fellowship at

Stanford Business School The Stanford Graduate School of Business (also known as Stanford GSB) is the graduate business school of Stanford University, a private research university in Stanford, California. For several years it has been the most selective business schoo ...

in the United States in 1983 before joining

Schroders Schroders plc is a British multinational asset management company, founded in 1804. The company employs over 5,000 people worldwide in 32 locations around Europe, America, Asia, Africa and the Middle East. Headquartered in the City of London, it ...

investment bank in London in 1986. In 1995, he was appointed head of Schroder's European corporate finance business. In this role he led the development of Schroders UK and continental European investment banking business. In 1998, he was appointed global head of Corporate Finance and a member of the Group Executive Committee. He was based in New York until mid-1999 when he left Schroders prior to their sale to Citigroup. He was appointed Executive Chairman of

Her Majesty's Customs and Excise HM Customs and Excise (properly known as Her Majesty's Customs and Excise at the time of its dissolution) was a department of the British Government formed in 1909 by the merger of HM Customs and HM Excise; its primary responsibility was t ...

in February 2000 until July 2003 prior to its merger with HM

Inland Revenue The Inland Revenue was, until April 2005, a department of the British Government responsible for the collection of direct taxation, including income tax, national insurance contributions, capital gains tax, inheritance tax, corporation ...

. During this time, he was responsible for a programme of change management in tax and law enforcement. He was also a member of the Civil Service Management Board. He was appointed to the board of

Barclays Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...

plc in September 2003, becoming Senior Independent Director in September 2004. He chaired the Board Risk Committee from 2006 to 2010 and was appointed Deputy chairman in 2010. He retired from the Board of Barclays in 2011. In July 2004, he was appointed to the board of

Arriva Arriva plc is a British multinational corporation, multinational public transport company headquartered in Sunderland, England.Deutsche Bahn The (; abbreviated as DB or DB AG) is the national railway company of Germany. Headquartered in the Bahntower in Berlin, it is a joint-stock company ( AG). The Federal Republic of Germany is its single shareholder. describes itself as the ...

. He was appointed to the board of Tesco plc in July 2011 and took over as chairman in December 2011; he stood down in October 2014 following reports of accounting errors. He is chairman of the advisory board and a member of the executive committee of the Dawes Centre for Future Crime at University College, London. He is the author of three books: "Choosing Life"; "Know Thyself"; and "The Spirit of Compassionate Communication".

Memberships

Broadbent is a member and a former non-executive director of The Security Institute. He was knighted in the

2003 Birthday Honours The 2003 Queen's Birthday Honours were announced on 14 June 2003 for the United Kingdom and on 2 June 2003 for New Zealand. The recipients of honours are displayed here as they were styled before their new honour. United Kingdom Knight Bachelo ...

. He is member of the Council of Relate, the relationship charity and Chairman of the GSB Trust.

Personal life

He lives in Norfolk with his wife, Jill.

References

{{DEFAULTSORT:Broadbent, Richard John 1953 births Living people Knights Commander of the Order of the Bath British chairpersons of corporations Alumni of Queen Mary University of London Alumni of the University of Manchester Chairmen of Tesco Barclays people Tesco people Schroders people