Mark Wilks Collet
Encyclopedia
Sir Mark Wilks Collet, 1st Baronet (September 1816 - 25 April 1905, aged 88 or 89) was an English merchant and banker. He served as Governor of the Bank of England
between 1887 and 1889, and was made a baronet on 12 June 1888 in connection with his services in converting the National Debt (retirement of Consols
). He was also a Lieutenant for the City of London.
, (later Brown Brothers & Harriman, one of the most powerful banks in modern American history), in 1864, and died as senior partner of that bank. In 1866, he became a director of the Bank of England, became Governor in 1877, and remained a director till his death.
His grandson, Montagu Norman
, would also serve as Bank of England Governor, between 1920 and 1944.
Collet married firstly Susannah (or Susan) Gertrude Eyre (d. 22 July 1851 Liverpool, aged 29), youngest daughter of the Rev. James Eyre, by whom he had a daughter Lina Susan Penelope Collet. She married on 15 November 1870, Frederick Henry Norman
(1839-1916), himself son of a prominent British banker. Her eldest son became the Right Hon. Montagu Collet Norman
, later Lord Norman, Privy Councillor, Governor of the Bank of England from 1920 to 1944. Another son was Ronald Collet Norman
.
By a second or later marriage, he had a son Sir Mark Edimann Collett (1864-1944).
Governor of the Bank of England
The Governor of the Bank of England is the most senior position in the Bank of England. It is nominally a civil service post, but the appointment tends to be from within the Bank, with the incumbent grooming his or her successor...
between 1887 and 1889, and was made a baronet on 12 June 1888 in connection with his services in converting the National Debt (retirement of Consols
Consols
Consol is a form of British government bond , dating originally from the 18th century. The first consols were originally issued in 1751...
). He was also a Lieutenant for the City of London.
Banking career
He opened the London branch of a Liverpool bank, Brown, Shipley & Co.Brown, Shipley & Co.
Brown, Shipley & Co. is a long-established British private bank, based in London.It provides investment management, pensions and associated advisory services for private, institutional and corporate clients.-History:...
, (later Brown Brothers & Harriman, one of the most powerful banks in modern American history), in 1864, and died as senior partner of that bank. In 1866, he became a director of the Bank of England, became Governor in 1877, and remained a director till his death.
His grandson, Montagu Norman
Montagu Norman
Montagu Collet Norman, 1st Baron Norman DSO PC was an English banker, best known for his role as the Governor of the Bank of England from 1920 to 1944...
, would also serve as Bank of England Governor, between 1920 and 1944.
Family
Mark Wilks Collet was the son of James Collet (27 July 1784-?) and his wife Wendelina Elizabeth, daughter of Abraham Van Brienen, whom he married in 1812 at Archangel, Russia. They had three children, of whom one was Sir Mark Wilks Collet, 1st Baronet.Collet married firstly Susannah (or Susan) Gertrude Eyre (d. 22 July 1851 Liverpool, aged 29), youngest daughter of the Rev. James Eyre, by whom he had a daughter Lina Susan Penelope Collet. She married on 15 November 1870, Frederick Henry Norman
Frederick Henry Norman
Frederick Henry Norman was an English merchant banker and a director of the merchant bank Brown, Shipley & Co.. The Norman family have a long history in English banking....
(1839-1916), himself son of a prominent British banker. Her eldest son became the Right Hon. Montagu Collet Norman
Montagu Norman
Montagu Collet Norman, 1st Baron Norman DSO PC was an English banker, best known for his role as the Governor of the Bank of England from 1920 to 1944...
, later Lord Norman, Privy Councillor, Governor of the Bank of England from 1920 to 1944. Another son was Ronald Collet Norman
Ronald Collet Norman
Ronald Collet Norman JP was a banker, administrator and politician.He was chairman of the Board of Governors of the BBC from 1935 to 1939 and of the London County Council from 1918 to 1919. He was the son of Frederick Henry Norman of the Norman family, long prominent in banking.In 1907 he was...
.
By a second or later marriage, he had a son Sir Mark Edimann Collett (1864-1944).