Lord Petitgas spent 30 years at Morgan Stanley where he ran global investment banking, then headed Morgan Stanley International and was a member of the Firm’s Operating Committee. He retired from the Firm in early 2023 and was appointed by Prime Minister Rishi Sunak as his chief business adviser. He took his seat in the House of Lords in March 2024. He sits on the Economic Affairs Committee of the House of Lords.
Lord Petitgas is Deputy Chairman of the Courtauld Institute of Art and chairs its Governance, Nominations & Remuneration Committee. He is a Chevalier de l’Ordre National de la Légion d’Honneur of France and the President of its U.K. Chapter. He is a Trustee of the Goodwood Art Foundation. He is a former Deputy Chairman of the Tate Museum, and former Trustee of Glyndebourne.
