Thomas Sutherland (banker)
| Sir Thomas Sutherland | |
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1887 Caricature of Mr. T Sutherland MP. Caption reads: "P and O". Published in Vanity Fair 22 October 1887.
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| Born | 1834 United Kingdom |
| Died | January 1, 1922 (aged 89–90) London, England, United Kingdom |
| Occupation | Banker Politician |
| Known for | Founder of The Hongkong and Shanghai Banking Corporation (aka HSBC Holdings PLC) |
| Spouse(s) | Alice Macnaught (m. 1880, died 1920) |
| Children | 3 Helen Sutherland (daughter) Eric Macnaught Sutherland |
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Sir Thomas Sutherland, GCMG (Chinese: 蘇石蘭, 1834 – 1 January 1922) was a Scottish banker and politician, initially elected to represent the Liberal Party and then as a Liberal Unionist. He founded The Hongkong and Shanghai Banking Corporation which was the founder member of HSBC Group and directed the P&O Company.
Sutherland was the son of Robert Sutherland of Aberdeen. Educated at Aberdeen University.
Sutherland got his start clerking in the London office of the Peninsular and Oriental Steam Navigation Company (P&O). Soon after, P&O promoted Sutherland to superintendent, assigning him to British Hong Kong to manage the firm's Asian operation. In 1863 he became the first chairman of the Hong Kong and Whampoa Dock. In order to help finance the burgeoning trade between China and Europe, and explore the potential for China--United States trade, Sutherland established The Hongkong and Shanghai Banking Corporation in 1865 and became its first vice-chairman.
He was appointed member of the Legislative Council of Hong Kong from 1865 to 1866. In 1872 he was appointed Managing Director of P & O.
In November 1884, Sutherland was elected at a by-election as the Member of Parliament (MP) for Greenock. A Liberal, he was re-elected in 1885, but when the Liberals split over Irish Home Rule he joined the breakaway Liberal Unionist Party. He was re-elected as a Liberal Unionist in 1886, but lost the seat at the 1892 general election. However, he was reinstated when his opponent was unseated on petition, and held the seat until he stood down at the 1900 general election.
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