Lord Sassoon, Kt is President of the China-Britain Business Council (CBBC). He was Chairman of CBBC from 2013 to 2019 and President of the EU-China Business Association from 2013 to 2017.
James began his career at KPMG, before joining SG Warburg (later UBS Warburg) in 1985, where he became a Managing Director and Head of the investment bank’s industry sector teams and global privatisation business.
He joined the Treasury Board in 2002 as a Civil Servant, where he had responsibility for Financial Services and Enterprise Policy. Between 2007 and 2010, he chaired the Financial Action Task Force and, acting as an Adviser to the then Shadow Chancellor, he conducted The Tripartite Review of the United Kingdom’s system of financial regulation.
From May 2010 to January 2013, he was the first Commercial Secretary to the Treasury in the United Kingdom, and acted as the Government’s Front Bench Treasury spokesman in the House of Lords. During his banking and government career, he had a consistent focus on international business, particularly relating to Asia; he participated in each round of the UK-China Economic and Financial Dialogue from 2002.
From 2013 to 2020 he was an Executive Director of Jardine Matheson Holdings. He is also a member of the International Advisory Council of the China Investment Corporation (CIC) and of the Global Advisory Board of Mitsubishi UFJ Financial Group.
Peter Batey CMG, OBE is Vice-President of the China-Britain Business Council. He co-founded Vermilion Partners in 2004, and is its Chairman. Mr Batey moved to Beijing in 1986 as a representative of Arthur Andersen, subsequently becoming Chief Representative for China. In 1989 he co-founded Batey Burn, a China-focused investment advisory and government relations business. He was a Director of Shuijingfang a public company listed on the Shanghai Stock Exchange as a nominee of Diageo Plc from 2007-2013, and served as board director of a number of Chinese and joint venture companies. He was Chairman of the British Chamber of Commerce in China from 1994 to 1996 and successively Vice President and President of the European Union Chamber of Commerce in China 2000-2002. He served as Chairman of the Great Britain China Centre from 2004 to 2014.