Michael Sandberg, Baron Sandberg

Michael Graham Ruddock Sandberg, Baron Sandberg, CBE (Chinese: 沈弼, 31 May 1927 – 2 July 2017) was executive chairman of The Hongkong and Shanghai Banking Corporation from 1977 to 1986.

The Lord Sandberg
Unofficial Member of the Executive Council of Hong Kong
In office
September 1, 1979 – August 31, 1986
Appointed byMurray MacLehose
Edward Youde
Personal details
Born(1927-05-31)31 May 1927
Surrey, England
Died2 July 2017(2017-07-02) (aged 90)
Spouse(s)Carmel, Lady Sandberg
ChildrenDeirdre Sandberg
Paul Sandberg
Michael Kevin Sandberg
Marion Sandberg
Parent(s)Gerald Arthur Clifford Sandberg (1882-1954)
Ethel Marian Ruddock (1882-1947)
Alma materSt Edward's School, Oxford

Biography

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Sandberg was born in Surrey and educated at St Edward's School, Oxford. In 1945 he joined the army and was commissioned 2nd lieutenant in the Royal Armoured Corps in 1946,[1] and was promoted to lieutenant in November 1947.[2] He later volunteered to join the Indian Army. Upon Indian independence he joined the First King's Dragoon Guards in January 1949.[3]

In 1949 he joined The Hongkong and Shanghai Banking Corporation, becoming chairman and chief executive in 1977. During his chairmanship the bank saw substantial international expansion, acquiring a 51% stake in Marine Midland Bank in the United States of America, establishing the Hongkong Bank of Canada in 1981 and HongkongBank of Australia Limited in 1986. As Chairman Sandberg was responsible for the construction of the landmark HSBC Main Building in Central, Hong Kong, which at the time was the most expensive building ever constructed in the world. Having been appointed an Officer of the Order of the British Empire (OBE) in 1977[4] and promoted to a Commander (CBE) in 1982,[5] on retirement he received a knighthood for "public services in Hong Kong".[6][7] On 2 October 1997 he was created a life peer in the House of Lords as Baron Sandberg of Passfield in the County of Hampshire.[8] He retired from the House on 8 May 2015.[9] He died on 2 July 2017 at the age of 90.[10]

Coat of arms of Michael Sandberg, Baron Sandberg
Crest
A pearl Proper between two wings displayed Argent.
Escutcheon
Argent on a chevron Or fimbriated Vert a robin redbreast (Erithacus rubecula) Proper all between three trefoils slipped Vert.
Supporters
Dexter, a Chinese dragon Or; Sinister, a dragon sans wings Or.
Motto
Serva Fidem [11]

References

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  1. ^ "No. 37946". The London Gazette (Supplement). 2 May 1947. p. 2002.
  2. ^ "No. 38136". The London Gazette (Supplement). 28 November 1947. p. 5692.
  3. ^ "No. 38662". The London Gazette (Supplement). 12 July 1949. p. 3397.
  4. ^ "No. 47234". The London Gazette (Supplement). 11 June 1977. p. 7101.
  5. ^ "No. 49008". The London Gazette (Supplement). 12 June 1982. p. 17.
  6. ^ "No. 50551". The London Gazette (Supplement). 13 June 1986. p. B2.
  7. ^ "No. 50759". The London Gazette. 30 December 1986. p. 16784.
  8. ^ "No. 54913". The London Gazette. 7 October 1997. p. 11279.
  9. ^ "Lord Sandberg". Retrieved 8 July 2017.
  10. ^ "Lord Sandberg, chairman of Hongkong Bank – obituary". The Telegraph. 7 July 2017. Retrieved 7 July 2017.
  11. ^ Debrett's Peerage. 2000.
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Business positions
Preceded by Chairman of The Hongkong and Shanghai Banking Corporation
1977–1986
Succeeded by
Sporting positions
Preceded by Chairman of the Royal Hong Kong Jockey Club
1981–1986
Succeeded by