Lloyd Dorfman
Encyclopedia
Lloyd Dorfman is a British
entrepreneur
and philanthropist
. He founded the business that became the Travelex Group
, today the world's largest non-bank foreign exchange business. He was appointed CBE
in the Queen's Birthday Honours
list for services to business and charity.
has now become the world's largest non-bank foreign exchange business.
In 2001 Dorfman was the winner of the Consumer Business Category in the UK "Entrepreneur of the Year" awards sponsored by Ernst & Young, Citibank
and The Times
. In 2002 he received the British American Chamber of Commerce's UK Entrepreneurial Award, and the Institute of Economic Affairs' Free Enterprise Award. In 2008 Dorfman was appointed CBE
in the Queens Birthday Honours list for services to business and charity.
He is a Non-Executive Director of M & C Saatchi plc, a Governor of St Paul's School, London, Deputy Chairman of Quest Limited, Chairman of the Roundhouse, a Director of the Royal National Theatre, a Trustee of the Prince’s Trust, member of the board of governors of St Paul's School, and an Honorary Fellow of St Peter's College, Oxford
.
Dorfman was educated at St Paul's School, and did not go to university. He is married with three children, two grandchildren, and lives in London.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
and philanthropist
Philanthropy
Philanthropy etymologically means "the love of humanity"—love in the sense of caring for, nourishing, developing, or enhancing; humanity in the sense of "what it is to be human," or "human potential." In modern practical terms, it is "private initiatives for public good, focusing on quality of...
. He founded the business that became the Travelex Group
Travelex Group
Travelex Group is foreign exchange company founded by Lloyd Dorfman and headquartered London. Its main businesses are international payments, bureau de change and issuing prepaid credit cards for use by travellers...
, today the world's largest non-bank foreign exchange business. He was appointed CBE
CBE
CBE and C.B.E. are abbreviations for "Commander of the Order of the British Empire", a grade in the Order of the British Empire.Other uses include:* Chemical and Biochemical Engineering...
in the Queen's Birthday Honours
Queen's Birthday Honours
The Queen's Birthday Honours is a part of the British honours system, being a civic occasion on the celebration of the Queen's Official Birthday in which new members of most Commonwealth Realms honours are named. The awards are presented by the reigning monarch or head of state, currently Queen...
list for services to business and charity.
Biography
Having briefly sampled the bar and investment banking, Dorfman started his own currency exchange business in 1976 from one small shop in central London. Following the £440m acquisition of Thomas Cook's Global & Financial Services business in March 2001, the Travelex GroupTravelex Group
Travelex Group is foreign exchange company founded by Lloyd Dorfman and headquartered London. Its main businesses are international payments, bureau de change and issuing prepaid credit cards for use by travellers...
has now become the world's largest non-bank foreign exchange business.
In 2001 Dorfman was the winner of the Consumer Business Category in the UK "Entrepreneur of the Year" awards sponsored by Ernst & Young, Citibank
Citibank
Citibank, a major international bank, is the consumer banking arm of financial services giant Citigroup. Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York...
and The Times
The Times
The Times is a British daily national newspaper, first published in London in 1785 under the title The Daily Universal Register . The Times and its sister paper The Sunday Times are published by Times Newspapers Limited, a subsidiary since 1981 of News International...
. In 2002 he received the British American Chamber of Commerce's UK Entrepreneurial Award, and the Institute of Economic Affairs' Free Enterprise Award. In 2008 Dorfman was appointed CBE
CBE
CBE and C.B.E. are abbreviations for "Commander of the Order of the British Empire", a grade in the Order of the British Empire.Other uses include:* Chemical and Biochemical Engineering...
in the Queens Birthday Honours list for services to business and charity.
He is a Non-Executive Director of M & C Saatchi plc, a Governor of St Paul's School, London, Deputy Chairman of Quest Limited, Chairman of the Roundhouse, a Director of the Royal National Theatre, a Trustee of the Prince’s Trust, member of the board of governors of St Paul's School, and an Honorary Fellow of St Peter's College, Oxford
St Peter's College, Oxford
St Peter's College is one of the constituent colleges of the University of Oxford, Oxford, United Kingdom, located in New Inn Hall Street. It occupies the site of two of the University's oldest Inns, or medieval hostels - Bishop Trellick's, later New Inn Hall, and Rose Hall - both of which were...
.
Dorfman was educated at St Paul's School, and did not go to university. He is married with three children, two grandchildren, and lives in London.