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Insider UK
Business
Peter A Walker

Scottish businessman Sir Angus Grossart dies after short illness

Prominent Scottish businessman Sir Angus Grossart CBE has died aged 85 after a short illness.

Noble Grossart bank confirmed that its chief executive passed away peacefully at home on Friday with his family by his side.

First Minister Nicola Sturgeon paid tribute to him following news of his death.

She said: “I am deeply saddened to hear news of the passing of Sir Angus Grossart – a titan of the Scotland’s business community.

“Through his significant contributions to the arts, culture, the economy and public life, Sir Angus leaves a deep and lasting legacy.

“I want to pay particular tribute to the work of Sir Angus in his years of public service including leading the National Museum of Scotland, the National Galleries of Scotland and the Scottish Futures Trust.

“I extend my sympathy to Gay and to her family at this sad time.”

Noble Grossart is a merchant bank which was formed in 1969 and advises many leading Scottish companies, institutions and private companies.

Sir Angus Grossart was born in Glasgow, and trained in law at Glasgow University before going on to practise law in Edinburgh for several decades.

He was a former vice chairman of the Royal Bank of Scotland Group and a former chairman of the Scottish Investment Trust and of Edinburgh Fund Managers.

Sir Angus also served as chairman of the National Museums of Scotland, the National Galleries of Scotland, and the Heritage Lottery Fund in Scotland. He was also a non-executive director at Reach predecessor Trinity Mirror until 2007.

When he died he was chairman of communications firm Charlotte Street Partners, auction house Lyon & Turnbull and Edinburgh International Culture Summit.

A Deputy Lieutenant of the City of Edinburgh, he was awarded a CBE in 1990 and then knighted 1997.

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