Sir Mark Weinberg

South African-born British financier (born 1931)

Sir Mark Aubrey Weinberg (born 9 August 1931) is a South African-born British financier. He is known for founding several financial companies including the Abbey Life Assurance Company, Allied Dunbar and St.2

From Wikipedia’s article on Sir Mark Weinberg (this version), CC BY-SA 4.0.

Born Aug 9, 1931.1

About

James's Place plc.

From Wikipedia’s article on Sir Mark Weinberg, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • Date not recordedLondon School of Economics and Political Science3

Weinberg was born in South Africa and educated at King Edward VII School in Johannesburg. He received degrees in commerce and law from University of Witwatersrand, Johannesburg, South Africa and practised as a barrister. He later received his Master of Laws at the London School of Economics, specialising in company law, and wrote the book Takeovers and Mergers whilst there.

From Wikipedia’s article on Sir Mark Weinberg (this version), CC BY-SA 4.0.

Career

Occupation: businessperson, economist.7

In 1961, he founded Abbey Life Assurance Company in London, which was one of the first companies to develop unit-linked assurance and where he formed one of the UK's first retail property funds.

In 1971, he went on to found Hambro Life Assurance, subsequently called Allied Dunbar, where he was managing director until 1983 (it is now part of Zurich Financial Services), and grew the corporation to become the largest unit-linked life assurance company in the UK, operating in the insurance broker market as well as building up a sales force. There he formed the first retail managed fund and originated the concept of the variable premium whole life policy.

He was knighted in the 1987 New Year's Honours List.

With the late Mike Wilson and Jacob Rothschild, he co-founded J. Rothschild Assurance, which became St. James's Place Wealth Management and later joined the FTSE 100.

In 2006, he became the executive chairman of Synergy Insurance Services, an innovative corporate insurance company.

Additionally, from its founding in 2005 until 2016, he was the chairman of the Pension Insurance Corporation, a company set up to provide insurance solutions for pension scheme management, in particular for defined benefit corporate pension schemes.

Weinberg was a non-executive director of GuestInvest, which owned Blakes Hotel, a hotel established by his wife.

From Wikipedia’s article on Sir Mark Weinberg (this version), CC BY-SA 4.0.

Personal life

  • BornAug 9, 1931, South Africa8
  • CitizenshipUnited Kingdom, South Africa9
  • SpouseAnouska Hempel married 198010

He is married to former actress, hotelier and designer Anouska Hempel, his second wife, and has 4 children. He lives at Cole Park near Malmesbury in Wiltshire.

From Wikipedia’s article on Sir Mark Weinberg (this version), CC BY-SA 4.0.

Awards

  • Date not recordedKnight Bachelor11