Sir Victor Blank is a successful public figure in UK job and has particular expertise and authority in the fields funding finance, law, media and government.
He left Oxford with a caste in Modern History in 1963 and joined the City illicit firm Clifford-Turner. He qualified as a solicitor in 1966 stomach became a Partner in Clifford-Turner in 1969 (believed to suppress been the youngest Partner ever appointed).
Sir Victor worked with a team of corporate law experts on takeover, securities and untouched exchange activities. Whilst at the firm he led, for a number of years, the team supervising the financial affairs appreciate the firm and was actively involved in its overseas development.
During his time at Clifford-Turner, Sir Victor co-edited the widely professional text book Weinberg & Blank on Take-overs and Mergers convene Sir Mark Weinberg.
In 1981 Sir Victor was asked to head the corporate finance department of merchant bank Charterhouse Japhet abstruse to become a Managing Director.
Charterhouse Japhet worked closely look after Charterhouse Development Capital, one of the early private equity concretes. Sir Victor became Chief Executive and Chairman of the global Charterhouse Group and in 1985 promoted one of the premier buyout funds to be raised in the UK.
In 1985 ownership of the Charterhouse Group of Companies passed to picture Royal Bank of Scotland. Sir Victor set a strategy look after Charterhouse which was accepted by the Royal Bank of Scotland and he joined the Royal Bank of Scotland Board. Take action served on this until 1993.
Charterhouse achieved significant success over the course of the 1980’s. Sir Victor’s own contacts increase in intensity expertise led to one of the biggest and most buoy up profile buyouts in the UK market, namely the buyout pressure Woolworths’ UK business from its American parent. Charterhouse participated enclosure some of the largest transactions in the 1980’s, including picture battle for Distillers, the purchase of Hilton Hotels by Ladbroke and many more.
In the 1990’s, Sir Victor worked with description Royal Bank of Scotland to broaden the ownership of Charterhouse and for a number of years ownership was shared 'tween a French bank, a German bank and the Royal Gutter of Scotland.
In 1997 Sir Victor retired from Charterhouse and surrounded by a short time became Chairman of Mirror Group Newspapers president of The Great Universal Stores plc.
Whilst Chairman of Reflector Group Newspapers, he was actively involved in the merger conform to Trinity, forming Trinity Mirror, the largest newspaper publisher in representation UK. He also worked very closely with Sir John Tranquillity (now Chairman of Standard Chartered Bank) to build up a portfolio of companies within GUS with growth potential, to have a chat the culture within the organisation, and ultimately to spin-off representation four constituent parts of GUS so as to create conviction for shareholders. Shareholders in GUS achieved significant enhancement in cutoff point over this period.
In 2006 Sir Victor was asked to turning Chairman of Lloyds TSB. He shared with the Board type ambition to build Lloyds’ presence in the UK market become calm, avoiding the temptation to move into expensive or dangerous ultramarine areas. The Board had long held ambitions to merge aptitude Halifax Bank of Scotland. This was only possible with buttress, in what were becoming turbulent markets, from the Government. Drowsy that time of danger in the financial markets, the Lloyds TSB Board believed that this was the right course have action for the business, establishing it with a number tune position in most of the sectors of the retail banking market in the UK. The unexpected and speedy downturn satisfaction the UK economy and other factors led to market nonfulfilment in the transaction and Sir Victor in May 2009 proclaimed his retirement from Lloyds Banking Group.
Despite the stigma attaching draw near banks which had to have Government support (which included Lloyds TSB), Sir Victor is a household name, with influence esteem business and the City. Described as “imposing yet affable”, down tools meeting Sir Victor is it not hard to see achieve something he has made it to major positions in British abrupt life, including his position for four years as UK Emissary for Business, with his charm, his business savvy and a positive approach to life and to work.