Wednesday, February 10, 2021

The Baron Fraser of Corriegarth 1946-2021

 _. Lord Fraser of Corriegarth, a Conservative life peer, died 6 February, 2021, aged 74. He was a treasurer of the Conservative Party, a stockbroker and banker.

Alexander Andrew Macdonell Fraser, was born 2 December, 1946, son of Walter Ian Reid Fraser [1911-89], a Lord of Appeal in Ordinary, who was created a life peer in 1975 as Baron Fraser of Tullybelton, PC, by his wife the former Ursula Cynthia Gwendolen Macdonnell.

He was educated at Eton College and St John's College, Oxford where he read Philosophy, Politics and Economics. After graduation, he worked at various jobs in the financial sector. Including: CEO of Baring Securities in the UK; Chairman of EPL - Equity Partners Ltd., a Bangladeshi investment bank, now BRAC EPL after taken over by BRAC Bank; Chairman of Bridge Securities, a Korean company; Director of Asia Frontier Capital, and the associated AFC Umbrella Fund and AFC Umbrella Fund (Non-US),[5] a fund management company based in Hong Kong focusing on equity investments in Asian frontier countries like Bangladesh, Cambodia, Iraq, Kazakhstan, Kyrgyzstan, Laos, Mongolia, Myanmar, Pakistan, Papua New Guinea, Sri Lanka, Uzbekistan and Vietnam. Fraser was also Head of Equities at Barings Bank in 1995, when it collapsed after £827 million losses resulting from poor speculative investments carried out by Nick Leeson.

In David Cameron's Resignation Honours List in 2016 he was awarded a life peerage, taking the title Baron Fraser of Corriegarth, of Corriegarth in the County of Inverness. 

Lord Fraser of Corriegarth married firstly, 1982 [divorced] Sarah, daughter of Henry Jones, of Kitsbury Orchard, Oddington, Moreton-in-the-Marsh, Gloucestershire, by whom he had a son, Henry [born 1984]; he married secondly, 3 June, 2010, Mrs Rebecca Ramsay [born 1961], former wife of William Alan Grant Ramsay of Bowland, and daughter of John Shaw of Tordarroch, 22nd Chief of Clan Shaw and Feudal Baron of New Hall. An ancestor, [wife of the 16th Chief] was Anna daughter of Andrew Nesbitt and great-grand-daughter of Nadir Shah, Shah of Persia (1688–1747). 


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