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Oliver Jessel

From Wikipedia, the free encyclopedia
Oliver Richard Jessel
Born(1929-08-24)24 August 1929
New Zealand
Died21 June 2017(2017-06-21) (aged 87)
OccupationBusinessman
Known forFounder of Jessel Securities; ownership interests in Demerara Sugar Company, P&O, Firth Brown, Johnsons, Maple Macowards, France Fenwick
Notable workLondon Indemnity & General Insurance acquisition (1968)
RelativesToby Jessel (brother, MP); Camilla Jessel (sister, wife of composer Andrzej Panufnik)

Oliver Richard Jessel (24 August 1929 – 21 June 2017) was a New Zealand born British businessman who through Jessel Securities owned the Demerara Sugar Company, P&O, the steel companies Firth Brown and Johnsons, retailers Maple Macowards and the financial services company France Fenwick. In 1968 he acquired London Indemnity & General Insurance which proved to be his downfall when he was forced to liquidate his fortune to support the firm after heavy redemption of its products by savers.[1]

Personal life

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Jessel's younger brother, Toby, was a Member of Parliament. His younger sister, Camilla, was the wife of the Polish-born composer Andrzej Panufnik.

See also

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References

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  1. Oliver Jessel. The Times, 15 August 2017. Retrieved 16 August 2017. (subscription required)