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Ron Sandler

 

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Ron Sandler



 
 
Ron Sandler is the government-appointed Non-Executive Chairman of Northern Rock
Northern Rock

Northern Rock Public limited company is a United Kingdom bank, under public ownership from 2008. It is based at Regent Centre in Newcastle upon Tyne in North East England in the United Kingdom....
.

Sandler was born in Bulawayo
Bulawayo

Bulawayo is the second largest city in Zimbabwe, after the capital Harare, with a population of 676,000 , now estimated as 707,000. It is located in Matabeleland, 439km south-west of Harare , and is now treated as a separate provincial area from Matabeleland....
, Southern Rhodesia
Southern Rhodesia

Southern Rhodesia was the name of the British colony situated north of the Limpopo River and the Union of South Africa, and known today as Zimbabwe....
 (now Zimbabwe
Zimbabwe

Zimbabwe , is a landlocked country located in the southern part of the continent of Africa, between the Zambezi and Limpopo River rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia to the northwest and Mozambique to the east....
) in 1952 and has an undergraduate degree in engineering from Queens' College, Cambridge
Queens' College, Cambridge

Queens' College is a Colleges of the University of Cambridge of the University of Cambridge. It was first founded in 1448 by Margaret of Anjou , and refounded in 1465 by Elizabeth Woodville ....
 and an MBA from Stanford University
Stanford University

Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private university research university located in Stanford, California, California, United States....
 .Sandler had previously been Chief Executive at Lloyd's of London
Lloyd's of London

Lloyd's, also known as Lloyd's of London, is a United Kingdom insurance market. It serves as a meeting place where multiple financial backers or ?members?, whether individuals or corporations, come together to pool and spread risk....
  from 1995 until 1999. Sandler spent the period between October 1999 and March 2000 as a director and chief operating officer of NatWest bank, unsuccessfully attempting to defend it during its 1999 takeover, on a salary of £450,000 .






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Ron Sandler is the government-appointed Non-Executive Chairman of Northern Rock
Northern Rock

Northern Rock Public limited company is a United Kingdom bank, under public ownership from 2008. It is based at Regent Centre in Newcastle upon Tyne in North East England in the United Kingdom....
.

Sandler was born in Bulawayo
Bulawayo

Bulawayo is the second largest city in Zimbabwe, after the capital Harare, with a population of 676,000 , now estimated as 707,000. It is located in Matabeleland, 439km south-west of Harare , and is now treated as a separate provincial area from Matabeleland....
, Southern Rhodesia
Southern Rhodesia

Southern Rhodesia was the name of the British colony situated north of the Limpopo River and the Union of South Africa, and known today as Zimbabwe....
 (now Zimbabwe
Zimbabwe

Zimbabwe , is a landlocked country located in the southern part of the continent of Africa, between the Zambezi and Limpopo River rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia to the northwest and Mozambique to the east....
) in 1952 and has an undergraduate degree in engineering from Queens' College, Cambridge
Queens' College, Cambridge

Queens' College is a Colleges of the University of Cambridge of the University of Cambridge. It was first founded in 1448 by Margaret of Anjou , and refounded in 1465 by Elizabeth Woodville ....
 and an MBA from Stanford University
Stanford University

Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private university research university located in Stanford, California, California, United States....
 .Sandler had previously been Chief Executive at Lloyd's of London
Lloyd's of London

Lloyd's, also known as Lloyd's of London, is a United Kingdom insurance market. It serves as a meeting place where multiple financial backers or ?members?, whether individuals or corporations, come together to pool and spread risk....
  from 1995 until 1999. Sandler spent the period between October 1999 and March 2000 as a director and chief operating officer of NatWest bank, unsuccessfully attempting to defend it during its 1999 takeover, on a salary of £450,000 . Sandler resigned following the takover of NatWest bank by the Royal Bank of Scotland
Royal Bank of Scotland

The Royal Bank of Scotland Group is a majority part-nationalised British people banking and insurance holding company in which HM Treasury holds an 74% controlling shareholding, through the UK Financial Investments Limited....
, joining the board of Computacenter
Computacenter

Computacenter plc is the holding company of a group of European company engaged in the logistics, implementation, technical support and systems management of information technology....
 as a non-executive director on May 26, 2000 . In March 2001, Sandler succeeded Computacenter
Computacenter

Computacenter plc is the holding company of a group of European company engaged in the logistics, implementation, technical support and systems management of information technology....
 co-founder Philip Hulme as Chairman of the board . In June 2001 the then chancellor Gordon Brown
Gordon Brown

James Gordon Brown UK Member of Parliament is a United Kingdom Labour Party politician and the Prime Minister of the United Kingdom. Brown assumed office in June 2007, after the resignation of Tony Blair and three days after becoming leader of the governing Labour Party....
 asked Sandler to carry out a review of the savings industry, known as the Sandler Review . The report, published in 2002, called for a simplified range of savings products with a reduced level of commission, but its conclusions were rejected by the Treasury
HM Treasury

HM Treasury, in full Her Majesty's Treasury, informally The Treasury, is the United Kingdom government department responsible for developing and executing the British government's public finance policy and economic policy....
 .

Whilst Chief Executive of Lloyd's, an 'educational briefing' fee (reimbursement of legal fees incurred), was paid by Lloyd's to the then California Insurance Commissioner
Chuck Quackenbush

Charles "Chuck" Quackenbush is a Florida law enforcement officer and former California Republican Party politician. He served as California Insurance Commissioner from 1995?2000 and as a California State Assemblyman representing the 22nd District, from 1986?1994....
 in order that he should assist Lloyd's in preventing the prosecution of Lloyd's by the California State Attorneys Office for the sale of “unregistered securities” to US Resident Names or investors .

He was appointed by the Treasury on 12 January 2008 to be the Chairman of Northern Rock ; a position which he assumed on 18 February 2008, resigning from his role as Non-executive Chairman and member of the board at Computacenter
Computacenter

Computacenter plc is the holding company of a group of European company engaged in the logistics, implementation, technical support and systems management of information technology....
 at the same time . His salary for Northern Rock was reported as £90,000 per month. Sandler is not domiciled for personal tax purposes in the United Kingdom, holding a German passport .