Norman Lamont, Baron Lamont of Lerwick, PC, stands as a distinguished figure with an illustrious career in both politics and finance. For 25 years, he served as the Conservative Member of Parliament for Kingston-upon-Thames, leaving an indelible mark on successive governments during the tenures of Margaret Thatcher and John Major. Lamont’s extensive governmental roles included service in the Departments of Energy, Industry, Defence, and the Treasury, culminating in his appointment as Chancellor of the Exchequer. Notably, he navigated the tumultuous Black Wednesday, overseeing the withdrawal of sterling from the Exchange Rate Mechanism and played a pivotal role in negotiating the Maastricht Treaty. Sir Alan Walters hailed him as “not only the most effective but also the bravest Chancellor since the War.”
Beyond his political achievements, Lamont has made significant contributions to the financial sector. As a director and consultant, he has been associated with prominent companies such as RAB Capital and Balli Group PLC, showcasing his expertise in financial services. Lamont’s involvement extends to the British Romanian Chamber of Commerce, where he holds the position of Honorary President, and he serves as Chairman of the British Iranian Chamber of Commerce. His role as Vice President of the Bruges Group and support for the Leave Means Leave campaign underscore his status as a staunch euro-sceptic.
Prior to his political career, Lamont worked for N M Rothschild & Sons and ascended to the position of director at Rothschild Asset Management. His influential positions, financial acumen, and unwavering stance on Britain’s relationship with the European Union have solidified Lord Lamont’s legacy as a pivotal figure in the realms of politics and finance.
