James Sassoon, Baron Sassoon
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The Right Honourable The Lord Sassoon FCA |
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| Commercial Secretary to the Treasury | |
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In office 11 May 2010 – 3 January 2013 |
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| Monarch | Elizabeth II |
| Prime Minister | David Cameron |
| Chancellor | George Osborne |
| Preceded by | Post created |
| Succeeded by | The Lord Deighton |
| Personal details | |
| Born | 11 September 1955 |
| Political party | Conservative |
| Education |
Sunningdale School, Berkshire Eton College, Berkshire |
| Alma mater | Christ Church, Oxford |
James Meyer Sassoon, Baron Sassoon, FCA (born 11 September 1955) became an executive Director of Jardine Matheson Holdings and of Matheson & Co. in January 2013. He is also a director of Hongkong Land, Dairy Farm and Mandarin Oriental. He is Chairman of the China-Britain Business Council.
Sassoon was the first Commercial Secretary to the Treasury from May 2010 to January 2013, a ministerial position in HM Treasury, the UK's finance ministry. Sassoon had a long career in the financial sector and previously served in various roles at the Treasury from 2002 to 2008, at which point he began advising David Cameron on financial issues. He was appointed to the House of Lords as a Conservative in connection with his ministerial appointment.
Sassoon was educated at Sunningdale School, a junior boarding independent school in the large village of Sunningdale in Berkshire, where he was a friend of David Profumo, the son of John Profumo, followed by Eton College, a senior boarding school, also in Berkshire, followed by Christ Church at the University of Oxford, where he read Philosophy, Politics and Economics.
Sassoon began a career in finance at Thomson McLintock & Company in 1977, before joining S.G. Warburg & Co. (later UBS Warburg) in 1985. He became a director in 1995, leading the firm's privatisation business, and serving as Vice Chairman, Investment Banking from 2000 to 2002.
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