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St James’s Place chief executive receives Honorary Award

PUBLISHED: 15:30 29 November 2016 | UPDATED: 15:30 29 November 2016

David Bellamy, Chief Executive of St James’s Place Wealth Management in Cirencester

David Bellamy, Chief Executive of St James’s Place Wealth Management in Cirencester

Archant

David Bellamy, Chief Executive of St James’s Place Wealth Management in Cirencester, has received an Honorary Fellowship from the University of Gloucestershire

Having worked in financial services since 1973, he joined St James’s Place (formerly J. Rothschild Assurance) in Cirencester when it was founded in April 1991, and was appointed to the board in 1997. He became Managing Director three years later and was appointed Chief Executive in 2007. St James’s Place has a market capitalisation of £5 billion and entered the FTSE 100 in 2014. Today it has more than £70 billion of clients’ funds under management

Every year the university presents Honorary Awards to individuals who have made an outstanding contribution both in the county and beyond.

Mr Bellamy, 63, received his award for his outstanding contribution to business in the county, and for the company’s charitable work, along with hundreds of students at a graduation ceremony at The Centaur, Cheltenham.

On presenting his award, Gwyn Jones, head of the Business School, said: “Earlier this year the Foundation passed a significant milestone as the total funds raised, through the collective efforts of the whole of the SJP community, including employees, Partners, advisers, suppliers and others connected to SJP, reached in excess of £50 million. All funds raised are distributed to hundreds of charities, with grants ranging from a few thousand pounds to more than £1 million. Locally, the Foundation has supported the National Star College and donated over £1m to smaller charities within Gloucestershire.

“David’s leadership and commitment to “doing the right thing” has resulted in success for SJP’s clients, Partners, employees and shareholders and the communities within which it operates.”

St James’s Place employs nearly 1000 staff in Gloucestershire and has been named as the county’s top company in the Gloucestershire Echo’s top 100 businesses for the last seven years. David is Deputy Chairman of the Financial Conduct Authority’s Practitioner Panel and a trustee of the St James’s Place Foundation.

Founded in 1992, the grant-making Foundation has raised more than £50 million for hundreds of good causes throughout the UK and overseas. The Foundation has supported many local children, cancer and hospice charities in Gloucestershire and beyond including a substantial grant of £656,000 awarded to the National Star College, near Cirencester, to help build a new specialist student residence which was opened in 2011.

On receiving his award, Mr Bellamy said: “I’d like to thank the University of Gloucestershire for this Honorary Fellowship. I’m both flattered and humbled by it. “It’s been an amazing journey and in particular the last 25 years so I’d also like to thank all of my colleagues at St. James’s Place - it’s their collective efforts that make the company and Foundation what they are today.”

David Bellamy began working in the insurance industry in 1973 aged 20 as an accounts administrator at Hambro Life, working in various roles until joining the Strategic Research team in 1988. He joined St James’s Place (formerly J. Rothschild Assurance) in Cirencester when it was founded in April 1991, and was appointed to the board in 1997. Appointed as Managing Director three years later, he became Chief Executive in 2007. St James’s Place entered the FTSE 100 in 2014, and today has more than £70 billion of clients’ funds under management. The company employs nearly 1000 staff in Cirencester and has a market capitalisation of £5 billion. It has been named as the top company in the county in the Gloucestershire Echo’s top 100 businesses for the last seven years. David is a member of the Financial Conduct Authority’s Practitioner Panel and a trustee of the St James’s Place Foundation. Founded in 1992, the grant-making foundation has raised and distributed more than £50 million for hundreds of good causes supporting children, cancer and hospice charities in Gloucestershire and beyond. Grants include £656,000 awarded to the National Star College, near Cirencester, to help build a new specialist student residence which was opened in 2011. David has three grown up children, five grandsons and a granddaughter.

This year’s Graduation ceremonies took place at Gloucester Cathedral on 3 and 4 of November, and at The Centaur, Cheltenham Racecourse, on 24 and 25 of November. To find out more please visit www.glos.ac.uk/graduation

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