Corporation of London

Sir Michael Savory was born in Ayr, Scotland in 1943 and lived in Norfolk and Zimbabwe (then Rhodesia) before returning to England to attend Harrow School. Michael became a stockbroker and had been involved in the financial services sector all his professional life. His initial training took place in New York before he joined his family firm of stockbrokers, Foster & Braithwaite, in 1963 to specialise in research, fund management and corporate finance, becoming a partner and a member of the London Stock Exchange in 1967. He became joint senior partner of the firm in 1975, remaining with them until 1989 after the firm had been bought by Credit Commercial de France. He then joined Midland Bank becoming chairman of HSBC Bank, Stockbroker Services before he retired in 2005. He is an Associate of the Society of Investment Professionals and a Fellow of the Securities & Investment Institute. His past directorships have included being chairman of BT Batsford, book publishers; Terrafix, land navigation systems; and chairman of ProShare, which promotes financial education. His commitment to charitable work led to him taking up, in 2006, the role of Chief Executive of Young Enterprise UK which provides enterprise education to schools throughout the country. For over thirty years he had been a member of the Executive Council of the Soldiers, Sailors, and Airmen Families Association. He was also a member of the Council of The Royal National Mission to Deep Sea Fishermen and a trustee of the Hull Fishermens Widows and Orphans Fund for many years.

He was first elected a Liveryman of the Poulters' Company in 1964 (Master in 1996) and the Clockmakers' Company in 1988 (Master in 1997). He is a freeman of the Goldsmiths Company, a past liveryman of the Information Technologists Company, and past member of the Guild of Freemen and the City Livery Club. Michael was elected to the Court of Common Council of the City of London in 1980 becoming an Alderman for the Ward of Bread Street in 1996. He has served on all the principal Committees. He was Sheriff in 2001-2002, Lord Mayor in 2004-2005 and later received a knighthood for his services to the City of London. He was a founding member of the Broad Street Ward Club and served as its chairman in 1981. He was also a churchwarden of the parish church of Saint Margaret, Lothbury.

Michael was married in 1992 and has two daughters. His interests include farming and field sports and a large collection of military vehicles, the Muckleburgh Collection in North Norfolk, which he founded in 1988.

Source: Michael Berry Savory.22 September 2008 Dealmakers-Club UK http://www.dealmakers-club.co.uk/pdf/Short%20MBS%20Biography%20July%202006.pd.pdf

"The Lord Mayor's Show Commemorative Programme 2004." PSP Communications Ltd 13 Nov. 2004