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Simon Dingemans

Simon Paul Dingemans (born April 1963)[1] is an English former banker and businessman. Until May 2019 he was chief financial officer at GlaxoSmithKline. In July 2019 he was appointed chair of the Financial Reporting Council, and will lead its transition into the Audit, Reporting and Governance Authority.

Education and career

Dingemans has a master's degree in geography from Oxford,[2] and dabbled in theatre production before building a career in banking.[3]

He joined S. G. Warburg & Co. as a graduate trainee, spending 15 years with the firm before moving to Goldman Sachs to run its UK investment banking and European mergers businesses.[3]

Dingemans spent 25 years at Goldman Sachs, becoming head of European mergers and acquisitions, and overseeing £411 billion ($500 billion) of deals, including Vodafone's £112bn merger with Mannesmann in 2000, the private equity takeover of Alliance Boots, and Novartis's $28.1bn (£18.2bn) takeover of Alcon.[4]

In 2011, he joined GlaxoSmithKline as CFO[4] and served as a member of the main board before stepping down in May 2019. During his eight years at GSK, he oversaw extensive restructuring and re-shaping of the group. In July 2019 Business Secretary Greg Clark announced that Dingemans had been appointed as the new chair of the Financial Reporting Council, and would lead its transition into the Audit, Reporting and Governance Authority.[2]

Other roles

Dingemans was chairman of the Hundred Group of finance directors between 2014 and 2016.[2] He was appointed a trustee of the Donmar Warehouse theatre in 2018,[5] having previously done theatre production at the Oxford Playhouse and also supported the Royal National Theatre.[3]

He is an investor in wealth management firm Netwealth Investments.[6][7][8]

References

  1. ^ "Simon Paul DINGEMANS". Companies House. Retrieved 23 July 2019.
  2. ^ a b c "New Chair of Financial Reporting Council announced". Gov.uk - Department for Business, Energy & Industrial Strategy. 23 July 2019. Retrieved 23 July 2019.
  3. ^ a b c Jack, Andrew (15 December 2011). "Pharmaceutical giant gives new finance chief a soft landing". Financial Times. Retrieved 23 July 2019.
  4. ^ a b Graham, Ruddick (9 September 2010). "Goldman Sachs rainmaker Simon Dingemans to join GlaxoSmithKline". Telegraph. Retrieved 23 July 2019.
  5. ^ Hemley, Matthew (16 May 2018). "Martha Lane Fox joins Donmar Warehouse board". The Stage. Retrieved 23 July 2019.
  6. ^ Foster, Mike. "Ex-Goldman bankers back City's newest robo-adviser". Retrieved 2017-12-22.
  7. ^ Goldsmith, Courtney (2017-09-19). "Wealth manager Netwealth raises £10m in second funding round". Retrieved 2017-12-22.
  8. ^ "Bonham Carter backs launch of online discretionary manager Netwealth". investmentweek.co.uk. Retrieved 2017-12-22.