Lord Sassoon, will return to the private sector this month in an executive board role at Asia-focused trading conglomerate Jardine Matheson Holdings, having spent a decade at the UK Treasury where he has played a crucial role in overhauling the structure of the country’s financial sector.

Sassoon began his career at KPMG before moving to SG Warburg in 1985. During his time at the firm, which subsequently became part of UBS, he held roles including head of equity corporate finance, head of corporate finance in Japan, and global head of privatisation, which involved advising governments around the world.