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Friday, October 21, 2022

Baron Johnson of Lainston

 The life peerage awarded to Mr Dominic Johnson has been gazetted in the name, style and title of Baron Johnson of Lainston, of Lainston in the County of Hampshire.

Dominic Robert Andrew Johnson CBE (born 6 Apr, 1974), a financier, hedge fund manager and politican, the co-founder and chief executive officer (CEO) of Somerset Capital Management, has been created a life peer on his recent appointment as a minister of state in the Cabinet Office and the Department for International Trade.

In October 2022, Johnson was appointed as a minister in the Cabinet Office and the Department for International Trade. Johnson has given more than £250,000 to the Conservative Party, and was its vice-chairman from 2016 to 2019.

Johnson began his career in finance with Robert Fleming & Co. in 1995, and then with Jardine Fleming, Hong Kong, in 1998. In 2001, he went into asset management, and worked for Lloyd George Management until 2007. In 2007, he co-founded Somerset Capital Management (SCM) with Jacob Rees-Mogg and Edward Robertson. All three were colleagues at Lloyd George Management in Hong Kong. Rees-Mogg was CEO of SCM until Johnson succeeded him in 2010.

From 2006 to 2010, Johnson was a Conservative councillor for the Royal Borough of Kensington and Chelsea. In 2016, when his friend David Cameron stood down as prime minister, Johnson gave him the use of his £2,650-a-week Chelsea house, and Cameron accordingly declared a benefit of more than £37,000 in the register of MPs' interests. Johnson has given more than £250,000 to the Conservative Party, and was its vice-chairman from 2016 to 2019. In the 2017 New Year Honours, Johnson was appointed a Commander of the Order of the British Empire (CBE) "for political service".

In 2006, he married the Hon Alice Rose Alethea Hamilton (born 1974), the daughter of Archibald Hamilton, Baron Hamilton of Epsom, a British Conservative Party politician.

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