Robert Kindersley, 1st Baron Kindersley

Robert Molesworth Kindersley, 1st Baron Kindersley GBE (21 November 1871 – 20 July 1954) was an English businessman, stockbroker, merchant banker, and public servant who organised the National Savings movement.


The Lord Kindersley

GBE
Photograph of the Dawes Committee, chaired by Charles G. Dawes with Robert Kindersley on the right.
Born
Robert Molesworth Kindersley

(1871-11-21)21 November 1871
Died20 July 1954(1954-07-20) (aged 82)
NationalityBritish
OccupationBanker
Known forChairman of the National Savings Committee
Spouse(s)Gladys Margaret (Beadle) Kindersley (1896)
Children6

Background

Kindersley was born in Wanstead, Essex. His father was an Old Etonian from a wealthy family who had been a Captain in the Indian Army, but had fallen on hard times since resigning his commission and becoming a chemist. Kindersley was educated at Repton School, but was forced to leave in 1887 when his father could no longer afford the fees.

Banking career

He then became a clerk in several London firms before joining the London Stock Exchange in 1901, becoming a partner in David A. Bevan & Co in 1902 and the merchant bank Lazard Brothers & Co in 1905, a firm with which he was connected for the rest of his life and of which he became chairman in 1919.

Public service

From 1915 to 1925, Kindersley was Governor (Company Chairman) of the Hudson's Bay Company, North America's oldest company (established by English royal charter in 1670). He served as a director of the Bank of England from 1914 to 1946. In 1924 he was the senior British representative on the Dawes Committee.

Kindersley is chiefly recognised for his work as chairman of the National Savings Committee from 1916 to 1920; he was then its president until 1946.

He was also a major shareholder in the Canadian Northern Railway, later amalgamated into Canadian National Railways, and the town of Kindersley, Saskatchewan, was named after him.

Personal life

He married Gladys Margaret Beadle, daughter of Maj-Gen James Prinsep Beadle, of Worton Grange, co. Wiltshire,[1] on 3 November 1896 and had six children, Lionel, Hugh, Margaret, Richard, Philip (who married Oonagh Guinness and Valerie Violet French) and Elizabeth.[2] Lord Kindersley was succeeded in the Barony by his second son Hugh, his eldest son Lionel having been killed in action in the First World War.

Honours and arms

Kindersley was knighted as Knight Commander of the Order of the British Empire (KBE) in 1917 and raised to Knight Grand Cross (GBE) in the 1920 civilian war honours for his chairmanship of the National Savings Committee.[3] He served as High Sheriff of Sussex for 1928 [4] and in 1941 was raised to the peerage as Baron Kindersley, of West Hoathly in the County of West Sussex.

Coat of arms of Robert Kindersley, 1st Baron Kindersley
Crest
Upon a mount Vert in front of a hawthorn tree Proper charged with an escutcheon Azure thereon a lion rampant Argent a greyhound sejant also Argent.
Escutcheon
Per bend Gules and Azure a lion rampant Argent within an orle of cross-crosslets and fleur-de-lys alternatively Or.
Supporters
On the dexter side a greyhound Argent gorged with a collar Azure charged with three cross-crosslets Or and on the sinister side a lion Argent gorged with a collar Gules charged as the dexter each standing upon a branch of hawthorn Proper.
Motto
Adjuvante Deo [5]
Peerage of the United Kingdom
Preceded by
New Creation
Baron Kindersley
19411954
Succeeded by
Hugh Kindersley

References

  1. "Ypres, Earl of (UK, 1922 - 1988)". cracroftspeerage. Retrieved 21 January 2018.
  2. "The peerage, Person Page - 5790". The peerage. Retrieved 29 May 2014.
  3. "No. 31840". The London Gazette (Supplement). 30 March 1920. p. 3757.
  4. "No. 33369". The London Gazette. 23 March 1928. p. 2127.
  5. Burke's Peerage. 1949.


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