Nothing But a Bank

Michael McWilliam

Chapter 13 in The Development Business, 2001, pp 133-136 from Palgrave Macmillan

Abstract: Abstract After a twenty-year run of proconsuls as chairmen – Howick, Griffiths- Jones, Grey – CDC acquired a personality from the City in 1980, following the election of the new Conservative government. Lord Kindersley came from Lazards and he quickly brought a brisker attitude to CDC’s affairs. As we have seen, he campaigned vigorously on the commercial borrowing issue, using his senior political contacts to good effect. A year after joining CDC he initiated a searching review of the corporation, to be conducted by a consultant with industry experience, John Eccles, and assisted by a retired senior executive from the corporation. 1 During the six months between September 1981 and April 1982 the team visited all seven regional offices and most of the major managed projects.

Keywords: Venture Capital; General Manager; Executive Management; Conservative Government; Industry Experience (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50427-1_13

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DOI: 10.1057/9780230504271_13

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