About Michael Forsyth, Baron Forsyth of Drumlean
Michael Bruce Forsyth, Baron Forsyth of Drumlean, (born 16 October 1954) is a British financier and politician, who has held the office of Lord Speaker, the presiding officer of the House of Lords, since February 2026. Formerly affiliated with the Conservative Party, he was the Member of Parliament (MP) for Stirling from 1983 to 1997 and served in the cabinet of John Major as Secretary of State for Scotland from 1995 to 1997. He retired as Chairman of Secure Trust Bank in May 2024 and as a Director of J&J Denholm and of Denholm Logistics Ltd in January 2026. He was a director and Chairman of Hyperion Insurance Group until its merger with RKH Group in 2015. A former Deputy Chairman of JPMorgan UK and Evercore Partners International, he was knighted in 1997 and appointed to the House of Lords in 1999. He is a member of the Privy Council and served on the Development Boards of the Royal Society and the National Portrait Gallery. He is also a past president of the Royal Highland and Agricultural Society of Scotland. He was appointed for a second term to the House of Lords' Economic Affairs Committee in 2015, and as its chairman following the election in 2017. He was elected as Chairman of the Association of Conservative Peers in September 2021, retiring on 28 January 2026 (the House of Lords' equivalent to the House of Commons' 1922 Committee). Forsyth was appointed the chair of the Financial Services Regulation Committee in January 2024 and retired in January 2026. He resigned as president of the Steamboat Association of Great Britain in February 2026. After leaving university Forsyth was first elected to Westminster City Council from 1978 to 1983.
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