Damon Buffini
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Sir Damon Marcus Buffini (born May 1962)[1] is a British businessman, deputy chair of the BBC Board and chair of the BBC Commercial Board.[2] He was formerly head of the private equity company Permira[3][4] and governor of the Wellcome Trust.[5]
Education and early life
Born in Leicester in 1962,[1] the son of an African-American serviceman and a British woman, he was educated in Leicester and graduated with a degree in law from St John's College, Cambridge, and has an MBA from Harvard Business School.[3]
Career
Buffini worked for L.E.K. Consulting, and under the firm's scholarship scheme undertook an MBA from Harvard Business School.[3] On return to the UK he joined Imperial Group working as a management consultant, before being recruited by Jon Moulton (nowScript error: No such module "Unsubst". head of rival firm Better Capital), in 1988 to join Schroders leveraged buyout team, known then as Schroder Ventures Europe.[6]
Buffini became a partner in 1992, and was promoted to managing partner of the UK business in 1999, and managing partner in 2000, just before he led a management buyout group and renamed the firm Permira.[3] Buffini took home £3.2 million plus bonuses in 2004.[3]
In November 2021 he was appointed as a non-executive director of the BBC Board, effective from 1 January 2022, and subsequently also as chair of the BBC's commercial board.[2] In December 2022 the BBC Board created the honorary title of deputy chair to be held ex-officio by the chair of the BBC commercial board,[7] with Buffini assuming the title on 9 December 2022.[8]
Other
Buffini was also a non-executive board member of SVG Capital plc[1] and chairman and co-founder of the Social Business Trust.
Buffini established The Buffini Chao Foundation with his wife, Lady Deborah Buffini, in 2005.[9]
He is a main board member of the Royal Shakespeare Company and a trustee of the Royal Anniversary Trust, which administers The Queen's Anniversary Prizes for Higher and Further Education.Script error: No such module "Unsubst".
In September 2012 Buffini was appointed to the board of governors at The Wellcome Trust.[5]
In July 2020, the UK Government announced Buffini as chair of the Culture Recovery Board, an administrative body tasked with managing the £1.57bn Culture Recovery Fund intended to protect UK arts and heritage assets during the COVID-19 crisis.[10]
Buffini was appointed Chair of the Royal National Theatre in 2016.
Recognition
Buffini was ranked first in the men's Top 10 of the 2007 Powerlist, a publication ranking the most influential Black Britons.[11] Buffini's influence has also been recognised in Business, having ranked number three by the Times Power 100 for people who hold sway over British Business.[12] Boasting power and influence, together with a personal fortune of between £100m and £200m. Buffini was appointed to then Prime Minister Gordon Brown's business advisory panel.[13]
Buffini was knighted in the 2016 Birthday Honours for voluntary and charitable services.[14]
Personal life
Married to a solicitor, Deborah (Template:Nee Chao), the couple have three children and a family home in Weybridge[15] and a city flat in Wandsworth.
Buffini plays tennis and golf, football for a local amateur side, and supports Arsenal.[16]
References
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- Pages with script errors
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- 1962 births
- Living people
- Alumni of St John's College, Cambridge
- British businesspeople
- English people of African-American descent
- English people of American descent
- Harvard Business School alumni
- Businesspeople from Leicester
- Private equity and venture capital investors
- Knights Bachelor
- Businesspeople awarded knighthoods
- Schroders people
- BBC Board members